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See how verdicts work2-bedroom flat · RG1 5AG
For saleListed 1 day
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 beautifully presented two-bedroom lower ground floor character property is ideally situated within easy reach of Reading town centre and just 0.7 miles from Reading Station.
Converted in 2018 to a high standard by the renowned Thomas Homes, the property forms part of a Grade II listed building formerly owned by the University of Reading.
The accommodation features a spacious open-plan kitchen/dining/family room with a high-quality kitchen complete with stone worktops, a modern-style bathroom, and two well-proportioned bedrooms.
Externally, the property boasts a private front patio/storage spaces, and further benefits from allocated parking.
EPC D Local Information Central Reading, renowned for its fast non-stop services to London Paddington, easy access to Junctions 11 & 12 of the M4, and its proximity within 30 miles of London Heathrow, appeals strongly to commuters and families alike.
The town seamlessly blends historic charm with modern amenities—highlights include the Town Hall, Abbey Ruins, and Forbury Gardens alongside the newly developed Train Station and Oracle Shopping Centre, featuring a vibrant array of bars, restaurants, and trendy shops.
Situated between the River Thames and River Kennet, Reading offers abundant leisure opportunities with numerous gyms, clubs, and societies, complemented by its own football and rugby teams.
Education is highly valued with a renowned university, college, and sought-after primary and secondary schools adding to its appeal.
Accommodation The property is accessed via steps leading to a private front door. There is a central hall with doors leading to all rooms.
There is a door from the open plan living out to tbe patio and storage areas. Outside Space To the front of the property is a private patio with storage areas.
To the rear of the property there is a private allocated parking space.
Additional Information Water, mains drainage and electric connected Reading Borough Council Council Tax Band C Leasehold Information Lease 125 years and 9 months as of 9th February 2018 Service Charge £2,140.00 Ground Rent £250 CONVEYANCING We work with DT Conveyancing to help you buy your property with confidence.
Your dedicated conveyancer will keep you informed at every stage from start to finish. Making your move a stress-free and straightforward as possible.
MORTGAGES YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE Exclusive deals are made available to Embrace Financial Services by PRIMIS Mortgage Network, to which Embrace Financial Services are an Appointed Representative Davis Tate Limited is an Introducer Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products.
Embrace Financial Services Ltd. is an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority.
LETTINGS and MANAGEMENT We offer a complete range of services for Landlords, from fully managed lets to advertising only.
Each Landlord who chooses full management has a personal Property Manager and all our fees are based on a ‘no let - no fee’ basis. DISCLAIMER These particulars are a general guide only.
They do not form part of any contract. Services, systems and appliances have not been tested.
BUYERS INFORMATION To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of our appointed compliance provider, Simplify, who will contact you directly at an agreed time to do this.
They will need the full name, date of birth and current address of all buyers. There is a charge of £99 including VAT for this (for the transaction not per person), payable direct to Simplify.
REFERRAL FEES We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.
We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.
The ancillary service provider may be an associated company of Davis Tate. DRE250431/
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 advisers 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 London Road, Reading, Berkshire, RG1
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