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See how verdicts work1-bedroom flat · RG4 8EH
Listing removedListed 545 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHAIN FREE: Ideal first time buy or rental investment with a 997 YEAR LEASE. Set within this sought after area of Caversham that offers easy access to the central Reading and the local amenities.
The property has been recently refurbished throughout and boasts a double bedroom, light and airy living room, separate kitchen and a stylish shower room.
To the front there is a communal garden and to the rear there off road parking. To appreciate the space on offer call now to view.
Communal Entrance - A good sized communal entrance that leads to the communal garden and front door.
Hallway - A good sized hallway with wood effect flooring, a storage cupboard that has plumbing for a washing machine and doors to: Bathroom - 2.06m x 1.96m (6'9 x 6'5) - A modern and stylish shower room comprising of a walk in shower, wash hand basin and WC.
Part tiled walls, frosted window to the front and a heated towel rail Bedroom - 3.12m x 2.77m (10'3 x 9'1) - A light and airy room with a double glazed window to the front, carpeted space for wardrobes.
Living Room - 3.61m x 3.12m (11'10 x 10'3) - A bright room with two double glazed windows to the side, wood effect flooring and a door to the kitchen.
Kitchen - 3.12m x 1.42m (10'3 x 4'8) - A good sized kitchen with ample wall and base units, roll top work surfaces with an inset sink and drainer, recess for the oven, hob, fridge and freezer.
Wall mounted boiler and a window to the front overlooking the communal garden. Communal Garden - A good sized communal garden ideal for summer entertaining. Services - Water. Mains Drainage.
Mains Electricity. Mains Heating. Gas Mobile phone. The vendor is not aware of any specific restricted mobile phone coverage Broadband.
Superfast, obtained from Ofcom Tenure - Lease: 999 years from 2023 Service charge: £1038.2 PA Ground rent: Peppercorn
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 Send Road, Caversham, Reading
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