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See how verdicts work2-bedroom flat · RG31 7BX
Listing removedListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bridges are delighted to bring to the market this stunning two-bedroom top floor apartment, located on a development which was built in 2018.
The property comprises an entrance hallway leading to a spacious open-plan living, dining and kitchen area.
There are two generously sized bedrooms, with an en suite to the principal bedroom, as well as a modern family bathroom fitted with a shower over the bath.
Externally, the property benefits from a covered parking bay, additional visitor parking spaces, and access to a local park/green area. Further benefits include gas central heating.
Watermill Place offers easy access to a variety of amenities, including local schools, supermarkets, and regular bus services into Reading town centre.
The property is also within a short walk of highly regarded schools for all age groups and local shops, and just a short drive from Calcot Retail Centre and Calcot Golf Club.
For commuters, Junction 12 of the M4 is just 1.8 miles away, while Reading mainline railway station provides fast services into London and links to Heathrow Airport.
An early viewing is highly recommended by the vendor`s sole agent. Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About Watermill Place, Calcot
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