Auction
Auction date passed
This lot went to auction on 19 October 2026 (8 days ago) but remains listed. It was still on the portal 4 days ago. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
Land · RG30 2PS
For saleListed 26 daysAuction 19 Oct · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*ONLINE Unconditional Auction Opening 19 October 2026* To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire Situation: The site is situate to the rear of the 40 Helmsdale Close, Reading, being a popular and central area of the town, close to a range of facilities and amenities.
Reading itself offers excellent transport links to the surrounding area. Description: A freehold parcel of land located to the rear of 40 Helmsdale Close, Reading, RG30 2PS.
The site presents an opportunity for a variety of potential uses, subject to the necessary consents being obtained. Material information Tenure: The property is freehold.
All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.
Council: The property falls within Reading Council Agent Note: Please note that images supplied have been provided by the vendor and Auction House has not inspected the property.
Viewing: Strictly by appointment with Auction House. Services: Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities.
NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order.
The buyer is advised to obtain verification from their Solicitor/Surveyor.
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract.
Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only.
Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom.
All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
Any potential rental incomes are approximate based on Rightmove data at the time of preparing the details and bidders are advised to check with a local agent for an accurate valuation.
Tenure: Freehold Administration Fee: £1800 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
Archie refurb estimate: a Pro feature
0.0% below starting price
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
FAQ
About Land to the rear of, 40 Helmsdale Close, Reading RG30 2PS
Explore nearby
