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Flat 6, Tilehurst, RG30 4NL

1-bedroom flat · RG30 4NL

537 sq ft1 bath

Asking

£209,950

Listing removedReduced £10k (−4.5%) on 14 JulListed 155 days

Investor metrics

Opportunity summary

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About

The property

Final apartment remaining Perfect for first time buyers or investors, Plot 45 The Leo is a modern one bedroom first floor apartment.

The apartment benefits from a sociable open plan kitchen/living/dining room, ideal for hosting friends or family.

The bedroom is generously sized, with the calming contemporary bathroom completing the apartment.

Watchman's Place is an exciting new development of 1,2,3 & 4 bedroom homes within minutes of Reading town centre, yet close to the natural beauty of the Chiltern Hills, River Thames and Kennett Valley.

Everyday essentials can be found around five minutes away by bike and include a supermarket, pharmacy, gym and other shops and services.

Less than 10 minutes by road Reading town centre offers a wide variety of high street names.

Reading West Station is 7 minutes away by road and connects with Reading's central station to provide services into London in 35 minutes and Bristol in an hour.

*Please note external photography is CGI and some internal photography has been digitally enhanced and others are of show home and all are for indicative purposes only.

Kitchen/Living/Dining (8.57m x 3.77m) Open plan kitchen/living/dining room. 40mm square edged worktops with upstand. Leisure linear owl & half ss sink & TCAF3 Tap. Zanussi single oven.

Zanussi induction hob & ss Splashback. Zanussi cooker hood extractor. Fridge freezer space only. Washing machine space with A/C. Bedroom (5.1m x 2.76m) Double bedroom.

Bathroom Recessed storage shelving. Roca debba WC with concealed cistern & PL1 Flush plate. Roca Debba 520 semi-recessed whb no Pedestal M4(2). Roca oslo Acrylic Basin & Rigid Bath Panel.

Bristan pisa Chrome Bath & Basin Mixer taps. Over bath Mira minimal single thermostatic shower. 1/2 height tiling (Band 2) to wet walls with flat edged chrome trim.

Key information

Price per sq ft

£391/sq ft

Based on 537 sq ft (50 sq m)

Floor area

537 sq ft (50 sq m)

Reception rooms

Council tax band

Band H

Estimated ~£3,600/year

Local authority

Reading

Unitary Authority

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

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0.0% below asking

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Run the numbers.

BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

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.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market155 days · price-fatigue

17/25

—

Seller motivation

Not scored yet

Days on market155

Price reduction-4.5%

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £219,95022 May 2026

Price reduced£219,950 → £209,950 (−4.5%)14 Jul 2026

Still activeDay 155 on marketToday

Strategy fit

No strategy scores available yet.

Article 4No HMO Article 4 held

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.