1-bedroom flat · RG31 5JF
Listing removedListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PARKERS - Set in the heart of Tilehurst village is this spacious one bedroom upper floor retirement annexe, which comes to market in smart order throughout.
The property is available with no onward chain.
Offered to the market in good condition throughout, this well-presented annex, overlooking its own communal garden situated within the popular Sheppard Court development, ideally located in central Tilehurst.
The accommodation comprises a welcoming entrance hallway leading to a generous living room, providing ample space for both seating and dining.
The separate kitchen is well equipped with good cupboard storage and benefits from its own washing machine. The property also features a comfortable double bedroom and a modern shower room.
The apartment is electric throughout and is located on an upper floor with the convenience of lift access, ensuring easy accessibility.
Externally, the development offers ample parking for both residents and visitors. This property would make an ideal low-maintenance home in a well-connected and sought after retirement setting.
At the time of Instruction we have been advised by the vendors of the following information: Lease 124 years.
Service Charge - £322.26 Per Month Ground Rent Charges - £32.08 Per Month Council Tax Band C (Reading Borough Council)£2,210.76.
The above information may be subject to change during the transaction period These particulars are a general guide only. They do not form part of any contract.
Services, systems and appliances have not been tested. In accordance with anti–money laundering (AML) regulations, all buyers are required to undergo identity and compliance checks.
Please note that an AML check fee of £25.00 will be charged to each buyer as part of this process.
This fee is non-refundable and payable prior to the release of sales memorandums or progression of any transaction.
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
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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 Sheppard Court, Chieveley Close, Tilehurst, Reading, RG31
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