1-bedroom flat · RG2 7TR
Listing removedReduced £10k (−6.1%) on 31 JulListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this well-presented one-bedroom ground floor apartment with an allocated parking space is an ideal purchase for first-time buyers, investors or those looking to downsize.
Situated on the popular Newcastle Road, the property is in good condition throughout and offers well-proportioned accommodation with a bright and welcoming feel.
The apartment benefits from direct access to well-maintained communal gardens, providing an attractive outdoor space to enjoy.
Further benefits include an exceptionally long lease running until 2181, no ground rent, and an EPC valid until 2031, offering buyers peace of mind and low ongoing ownership costs.
Conveniently located, the property enjoys excellent transport links into Reading town centre, Reading Mainline Station and major road networks including the A33 and M4, making it an excellent choice for commuters.
Properties with this combination of ground floor accommodation, no onward chain, no ground rent and a long lease are rarely available, making this a fantastic opportunity not to be missed.
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
FAQ
About Flat 3, 14, Newcastle Road, Berkshire
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