1-bedroom flat · RG4 5HD
Listing removedListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A delightful one bedroom ground floor apartment with it own 16ft private patio garden.
Located along the private tree lined Derby Road, it includes 17ft living room, separate kitchen, 14ft bedroom and bathroom. Benefits from allocated and visitor parking.
Only a 15 minute walk to Caversham centre and an approx. 30 minute walk to Reading mainline station.
No onward chain COMMUNAL ENTRANCE HALL Front door to ENTRANCE HALL Meter cupboard, 2 sets of storage cupboards, security entry phone system LIVING ROOM 17'2 (5.23m) x 12' (3.66m) Side aspect window, radiator, double glazed door to personal patio, door to KITCHEN 10'6 (3.2m) x 6'7 (2.01m) Fitted to comprise: single drainer sink unit, worktops, built in electric oven and hob with extractor above, range of cupboards and drawers, plumbing for washing machine, space for fridge/freezer, side aspect window, double glazed door to small outdoor patio area BEDROOM ONE 11'6 (3.51m) x 10'3 (3.12m) Front aspect window, radiator BATHROOM Three piece suite comprising: panelled bath with Mira shower and screen deflector, W.C., pedestal wash hand basin, tiled floor, chrome heated towel rail, cupboard housing gas boiler PATIO GARDEN Outside is a fully paved private courtyard garden with useful storage shed.
Great for BBQ and outdoor entertaining OUTSIDE There are dedicated clothes drying areas on the roof of the building which are accessed via the internal staircase.
Bin store shed and dry cycle store There are also communal gardens tended under the maintenance agreement PARKING One allocated parking space and further visitor parking TENURE Leasehold Original Lease - 125 years Lease remaining - 111 years Maintenance - Approx.
£1,630.16 per annum Ground Rent - £100 per annum APPROXIMATE MONTHLY RENTAL VALUE £1,150 COUNCIL TAX Band B FREE MORTGAGE ADVICE We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access over 2,500 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 Field View, Derby Road, Caversham, Reading
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