We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · RG31 5JF
Listing removedReduced £20k (−20%) on 26 AugListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sansome & George Tilehurst - A Well presented upper ground floor retirement apartment by Messrs McCarthy & Stone (exclusive to ages of 60+), ideally located in central Tilehurst within level walking distance of the village, shops, amenities and transport links.
Popular development with excellent communal facilities. No onward chain.
A well presented upper ground floor retirement apartment (exclusive to ages of 60+) by Messrs McCarthy & Stone, ideally positioned in a central Tilehurst location within level walking distance of Tilehurst village and its wide range of shops, amenities and transport links.
Sheppard Court is a popular retirement development offering a range of facilities including resident management staff, community alarm service, lift access, communal lounge, laundry room, guest facilities, conservatory and well maintained communal gardens.
The development is wheelchair accessible and both cats and dogs are generally accepted, subject to the terms of the lease and management company’s consent.
The accommodation comprises entrance hall, lounge/diner, fitted kitchen, double bedroom and bathroom, and further benefits from UPVC double glazing.
Offered to the market with no onward chain complications. To arrange a viewing appointment or for further information please contact sole selling agents Sansome & George Tilehurst.
Lease Details - Lease = 104 Years remaining Service Charge = £3,867.00 per annum approx. Ground Rent = £385.00 per annum approx. Local Authority - Reading Borough Council - Tax Band C
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png)
FAQ
About Flat 32, Sheppard Court, Chieveley Close, Reading
Explore nearby