1-bedroom flat · RG2 0GZ
Sold STCReduced £20k (−11.1%) on 21 JunListed 384 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented first floor one-bedroom apartment in Reading offers a spacious and modern layout, featuring a bright open-plan kitchen and living area, a generous double bedroom, and a contemporary bathroom.
The design makes the most of the available space, providing both comfort and practicality, while residents’ parking adds an extra level of convenience.
The apartment is located in a well-connected part of Reading, with everyday essentials close by including supermarkets, shops, gyms and leisure facilities, as well as Green Park nearby for both business and open green space.
Reading itself offers a vibrant mix of town and city living, with the Oracle shopping centre, riverside restaurants, bars and cafés just a short journey away.
For commuters, Reading Station provides fast and frequent services into London Paddington, along with the Elizabeth Line offering direct links across the capital.
The property is also ideally positioned for road connections, with the M4 within easy reach giving access to London, Heathrow Airport and the West Country.
Altogether, this apartment combines modern living with excellent amenities and strong transport links, making it a great opportunity to secure a home in a thriving location.
Approximate Service Charges: £171.15pcm* Lease: 972 years Service charges will be reviewed annually, usually on 1st April each year.
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
.png)
FAQ
About MTVH OR, 6, Thorney House, Reading
Explore nearby