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See how verdicts work1-bedroom flat · RG31 5BW
Listing removedListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sansome & George Tilehurst - A well presented one bedroom first floor Apartment located in a convenient position in central Tilehurst. No onward chain.
Offered to the market with no onward chain, this well presented one bedroom first floor apartment occupies a convenient central Tilehurst location, within easy walking distance of a wide range of local shops, supermarkets, cafes, restaurants and regular bus services providing excellent access to Reading town centre and surrounding areas.
The property benefits from a share of freehold and is managed internally by the residents, resulting in maintenance charges that are notably lower than many comparable developments.
This makes the apartment an attractive proposition for first time buyers seeking a well maintained home with reduced ongoing costs.
Accommodation comprises of an entrance hall leading to a spacious rear aspect lounge diner, providing a bright and comfortable living space with pleasant views over the communal grounds.
The separate kitchen is well arranged and offers ample storage and preparation space. The double bedroom is generously proportioned and is served by a bathroom fitted with a modern suite.
Additional features include UPVC double glazed windows throughout and electric heating.
Residents also enjoy access to a communal rear garden, providing an attractive outdoor space to relax and unwind. To the front is private allocated parking for one vehicle.
Combining a highly convenient location, practical accommodation and the added benefit of a share of freehold with lower than average maintenance charges, this apartment represents an excellent opportunity for owner occupiers and investors alike.
Council Tax Band C - Reading Borough Council. Lease Length (share of freehold) - 125 years from 2022 (approximately 120 years remaining) Service charge- £75.00 Per month (£900 per annum)
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
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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
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FAQ
About 3, Elizabeth Court, School Road, Reading
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