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See how verdicts work4-bedroom flat · RG1 7XF
Listing removedListed 113 daysAuction 29 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Key Features Lot for sale by auction on 29/07/2026 To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website Internally arranged to provide Four self contained 1 Bedroom Residential Units Two Units are subject to Assured Periodic Tenancies and Two Units are Vacant Total GIA of Flats (Source: EPCs) approximately 183 sq m (1,970 sq ft) Rear Yard Reading town centre and The Oracle Shopping Centre are within walking distance Reading station provides both rail and Elizabeth line services EPC Ratings - Three Flats are Rated 'C' & One Flat is 'E'.
Council Tax Bands - Each Flat is Rated 'A' Key Locations The property is situated on the west side of Russell Street, to the south of its junction with Oxford Road An extensive range of shops, restaurants and leisure facilities are available within walking distance in Reading town centre Reading station is approximately 0.7 miles away to the north-east, offering regular and fast services to London Paddington, Oxford, Basingstoke and Bristol, as well as Elizabeth Line connections into Central London The nearby A329 and A33 both provide access onto the M4 motorway at junctions 10 & 11 Rivermead Park is within reach and both Coley Recreation Ground and Victoria Park Recreation Ground are close by Additional Information The seller understands from the borrower that the property was already arranged in its current layout at the time of his purchase in 1990 although they offer no warranties in this regard.
Prospective buyers are advised to undertake their own investigations as to whether the current arrangement is lawful and what steps might need to be taken to legalise it and will be deemed to bid accordingly.
Value & comps
No previous sales on record.
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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 starting price
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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 8 Russell Street, Reading, Berkshire, RG1
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