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 · RG1 5AZ
Listing removedListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A large, well presented apartment in an exclusive development in the heart of the University area within half a mile of the hospital and University.
In immaculate order with a large living/dining, open plan kitchen with integrated appliances, good size double bedroom with built in wardrobe and en-suite shower room.
The property benefits from gas central heating, pleasant communal gardens, allocated and visitor parking. Early viewing is highly recommended.
COMMUNAL HALL: Front door with entry phone, stairs down to lower hall, front door to, LOUNGE/DINING ROOM: - 5.18m (17'0") Max x 5.74m (18'10") Into Bay A lovely spacious room with double glazed sash bay window, Karndean flooring, 2 double radiators, door to bedroom, open plan to KITCHEN AREA: A well fitted modern kitchen comprising single drainer sink with mixer tap, ample work surface areas with excellent range of base cupboard units, inset electric hob, stainless steel splash back and extractor hood, electric oven, integrated 400mm dishwasher, eye level units with lighting under, built in fridge/freezer, appliance space and plumbing for washing machine, cupboard housing gas fired combi boiler.
DOUBLE BEDROOM: - 3.89m (12'9") Max x 3.91m (12'10") Max Double wardrobe, double glazed door to rear with steps up to communal gardens, double glazed side panel, radiator, door to, EN-SUITE SHOWER ROOM: Modern suite comprising large shower cubicle, vanity unit with wash hand basin, cupboard under, low level WC, tiled walls, heated towel rail, extractor.
OUTSIDE COMMUNAL GARDEN: There is lawned garden to the rear and larger area of garden to the front with the allocated parking (one space) and visitor parking.
MISCELLANEOUS: The remaining lease is 981 years, The ground rent is £75 half yearly and the maintenance fee is £578 half yearly.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Purchasers must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About Aviator Place, Crescent Road, Reading
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