2-bedroom flat · RG4 6LE
Sold STCListed 173 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 is this impressive two double bedroom top floor apartment with a secure entry system and lift.
The spacious accommodation comprises of an entrance hall, open planned lounge/diner and kitchen, family bathroom and two double bedrooms with the master benefitting from an ensuite.
Externally there is an allocated parking space with multiple visitors spaces, communal garden and a secure entry system.
Located within 1.6 miles from Reading town centre which provides the mainline railway station, 1 mile from Caversham high street and its array of amenities, a short walk to Henley Road shopping parade, within popular school catchments and on local bus routes servicing the surrounding areas.
This property would make an ideal first time purchase or investment.
At the time of Instruction, we have been advised by the vendors of the following information: Council Tax Band D (Reading Borough Council) Ground rent £230 p/a Service charge £1236 p/a 133 years remaining on the lease The above information may be subject to change during the transaction period.
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 Ruskin, Henley Road, Caversham, Reading, RG4
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