We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · RG4 5DE
Sold STCReduced £10k (−4.5%) on 25 MayListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal for a first time buyer or investor stands this newly refurbished one bedroom first floor maisonette with a patio garden.
The property has a newly fitted kitchen, including new boiler and heating system, new bathroom, and new flooring throughout ENTRANCE Front door to ENTRANCE LOBBY With storage alcove and staircase to first floor LANDING With radiator, side aspect double glazed window, access to boarded loft space via newly installed loft ladder Door to LIVING/DINING ROOM With twin front aspect double glazed windows, overstairs storage cupboard housing gas boiler, wood flooring, spotlights, radiator KITCHEN With rear aspect double glazed window, kitchen comprising single drainer non scratch sink unit with boiling water tap and cupboard under, further base and eye level units and drawers with oak work surfaces and tiled surrounds, electric cooker with extractor hood above, slimline dishwasher, plumbing for washing machine and further appliance space for American style fridge/freezer, radiator, tiled floor DOUBLE BEDROOM With rear aspect double glazed window, radiator , built in storage cupboard with sliding mirrored door BATHROOM Three piece suite comprising panelled bath with overhead waterfall shower with second overhead shower head, glass deflector, wash hand basin with drawers below, W.C., tiled floor, radiator and extractor fan REAR GARDEN At the rear of the property there is a private gated garden with useful storage shed, which is accessed via communal path and backs onto woodland PARKING There is also an adjacent residents parking area TENURE Leasehold Original lease - 99 years (from 27th October 2023) Lease remaining - 96 years Ground/Service Charge - £74.82 per month APPROXIMATE MONTHLY RENTAL £1,150.00 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 a variety of 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
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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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.
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
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FAQ
About Charles Evans Way, Caversham, Reading
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