1-bedroom flat · RG31 5JF
Listing removedReduced £20k (−20%) on 25 AugListed 368 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sansome & George Tilehurst - Exclusive to owners aged 55 or over and offered with no 'onward chain' this smart 1 bedroom first floor retirement apartment is located close to amenities in Tilehurst Village and includes a site manager, communal lounge and well tended residents gardens.
Sheppard Court is a popular 'tucked away' retirement development (exclusive to ages of 60+) located in a cul-de-sac close to Tilehurst Village with a host of amenities to include regular bus services, cafes, pubs, doctors surgery, local supermarkets and a range of shops to include post office and pharmacy.
Promoting independent living with assistance close hand, facilities within Sheppard Court include on site manager, residents communal lounge, laundry, beautifully maintained communal gardens plus ample parking for residents and visitors.
Offered to the market with the added advantage of no 'onward chain' and presented in modern decorative order throughout, this 'turn key' home is ready to move into.
Located on the first floor with either stair or lift access, the property enjoys good natural light and a favorable outlook from a Juliette balcony which overlooks maintained residents gardens.
Accommodation comprises of entrance hall with useful large storage cupboard and doors to bedroom with fitted wardrobes, separate shower room equipped with grab rails, and a spacious living room with feature electric fireplace and with double doors open to the rear aspect kitchen which is well appointed to include integrated electric hob and high level electric oven.
The property is further complemented by UPVC double glazing throughout.
For further information or to arrange a viewing appointment at your earliest convenience, please contact Sansome & George Estate Agents Reading Borough Council - Band C leasehold information:- Lease Term:- 125 years from 1/4/2004 hence circa 104 years remaining Ground Rent / Service Charges:- £3,684.96 per annum 2024/2025
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
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 advisors 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 40, Sheppard Court, Chieveley Close, Tilehurst
Explore nearby