2-bedroom flat · RG2 9FT
Sold STCListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property comes to market in the very popular area of Shinfield Park with NO ONWARD CHAIN.
The first-floor apartment has a large entrance hall which gives access to two double bedrooms, both are very light and airy, a modern family bathroom, a nice size living/dining area, which is again very light and airy.
A nicely finished kitchen with plenty of wall and base units, fitted oven and hob with an extractor fan above. There is also a large storage cupboard in the entrance hall.
The property is in superb condition throughout and a physical viewing is a must. The property also has a south facing aspect.
There are local amenities such as supermarkets, pubs, cafes restaurants, schools and a Doctors surgery all within walking distance.
The lease is currently being extended and will be a 990 year lease on exchange of contracts, with whoever buyers the property.
Reading mainline train station has direct trains to London Paddington and the Elizabeth line giving access to Central London.
The M4 motorway junctions 10 & 11 are short drive away, giving relatively easy access into London or the West country.
The current charges are Service Charge £53.73 Insurance charge £36.00 Management charge £18.33 Resurve Fund£31.86
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 Perigee, Shinfield, RG2
Explore nearby
