2-bedroom flat · RG4 7AZ
Sold STCListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two bedroom first floor apartment with a small outside balcony, conveniently positioned off St.
Peter's Hill in Caversham Heights with easy access to Caversham centre and Reading railway station. Fitted kitchen/breakfast room, living/dining room, redecorated throughout with new carpets.
Gas radiator central heating, parking, no chain SITUATION Caversham lies just north of the River Thames - close to Reading town centre, yet with a distinct village-like feel.
It offers picturesque riverside views, scenic towpaths, and charming walks, alongside a wide range of shops, bars, and restaurants.
The area is further enhanced by excellent health and fitness facilities with the Rivermead Sports Complex on its border, and highly regarded primary and secondary schools.
Reading mainline station, within half a mile of Caversham Bridge, provides fast services to London Paddington in around 25 minutes, as well as access to the Elizabeth Line for direct routes into central London.
Nearby Emmer Green and Caversham Heights lead into the South Oxfordshire countryside, with well-regarded golf courses and easy access to nearby Henley-on-Thames COMMUNAL ENTRANCE HALL Telephone entry system, staircase to first floor ENTRANCE Personal front door to SPACIOUS RECEPTION HALL With radiator, airing cupboard LIVING ROOM/DINING ROOM 11'7 (3.53m) x 18'4 (5.59m) Dual aspect, with rear double glazed window and front double glazed door to outside balcony with wrought iron rail enclosure, radiator KITCHEN/BREAKFAST ROOM 7'8 (2.34m) x 12'8 (3.86m) Fitted comprising comprising single drainer one and a half bowl stainless steel sink unit with mixer tap and cupboards under, further range of both floor standing and wall mounted eye level units with laminated work surfaces, contrasting tiled surrounds, inset four ring gas hob with extractor hood above and split level double oven below, appliance space for washing machine and fridge/freezer.
Wall mounted gas boiler, front aspect double glazed window, radiator BEDROOM ONE 12'2 (3.71m) x 9'11 (3.02m) Front aspect double glazed window, radiator BEDROOM TWO 6'8 (2.03m) x 11'4 (3.45m) Rear aspect double glazed window, radiator BATHROOM Comprising panelled bath, wash hand basin, W.C., tiled surrounds, radiator and extractor fan PLEASE NOTE There is also a useful lockable storage cupboard on the top floor COMMUNAL GARDENS Tended under the maintenance agreement PARKING Allocated parking space H and visitors parking TENURE Leasehold Original lease - 125 years Lease remaining - 102 years Ground rent - Peppercorn rent Service charge - £823 per annum COUNCIL TAX Band C FREE MORTGAGE ADVICE We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access a variety of mortgage rates from leading Banks and Building Societies.
For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on LOCATION This image is for indicative purposes and cannot be relied upon as wholly correct
Value & comps
No previous sales on record.
Returns
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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 Blossom Road, Caversham Heights, Reading
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