3-bedroom semi-detached house · RG30 4RR
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
53 St Michaels Road presents an excellent opportunity for buyers looking to create a home to their own taste.
In need of full modernisation throughout, the property offers plenty of potential to refurbish and add value.
AUCTION DATE WEDNESDAY 25TH NOVEMBER An exciting opportunity to acquire a three-bedroom property on St Michaels Road in Tilehurst, offered for sale by auction and requiring full modernisation throughout.
Ideal for investors, developers or buyers looking for a renovation project, the property offers plenty of scope for improvement and the opportunity to create a home tailored to individual tastes.
The ground floor accommodation comprises an entrance hall, lounge, separate reception room, kitchen and downstairs wet room. To the first floor are three bedrooms and a family bathroom.
Externally, the property benefits from a garden and driveway parking.
Conveniently situated in Tilehurst, this property presents an opportunity for those looking to take on a refurbishment project and unlock its potential.
Tenure - Freehold Property & Services information Mobile Coverage: 4G coverage is available in the area - please check with your provider.
Broadband Availability: Broadband (FTTP) is available in the area Utilities: Mains gas, electricity and mains water and sewerage are connected.
INFORMATION FROM THE AUCTION COMPANY All marketing material, including property descriptions and imagery, has been provided by the introducing agent.
The Auction Company does not verify this information.
Buyers are advised to arrange an in-person viewing (by appointment only) and satisfy themselves as to the condition and legal position of the property before bidding or making an offer.
METHOD OF SALE This property is offered for sale by Timed Online Auction (Unconditional). Bidding takes place online via The Auction Company website.
The bidding end date and time are clearly displayed on the listing.
REGISTRATION TO BID OR MAKE AN OFFER To bid or submit an offer, buyers must: - Complete online registration - Pass identity and AML checks (legal requirement) - Register valid payment details - A £1,000 hold/shadow payment will be placed on your card.
- By bidding or making an offer, you confirm acceptance of The Auction Company’s Auction Terms & Conditions, Buyer’s Terms, Legal Pack and Special Conditions of Sale.
AUCTION TYPE - TRADITIONAL METHOD OF AUCTION (UNCONDITIONAL) All bids and offers are legally binding. Exchange of contracts takes place immediately upon acceptance.
Completion is required within 28 days, unless stated otherwise in the legal pack. If you are the successful buyer: - The £1,000 hold payment will be deducted and credited toward the Buyer’s Premium.
- You must pay: - The 10% deposit (non-refundable) - Any remaining Buyer’s Premium balance - All payments must be made within 2 hours of acceptance.
- All remaining balances must be paid by bank transfer only. No card payments are accepted. - The Buyer’s Premium is 4% + VAT (minimum £5,000 + VAT) and is non-refundable.
PRE-AUCTION & POST-AUCTION OFFERS The seller may consider offers made before or after the auction. For clarity: - All pre-auction and post-auction offers are treated as auction sales.
- The same auction terms, Buyer’s Premium, deposit requirements and completion timescales apply.
LEGAL PACK Each property is sold subject to a legal pack, which may be updated at any time before the auction. Buyers must: - Download and review the legal pack before bidding or making an offer.
- Take independent legal advice if required. - Check for updates immediately before bidding. - By bidding or making an offer, you are deemed to have read and accepted the legal pack in full.
SPECIAL CONDITIONS OF SALE Special Conditions of Sale are set by the seller and are legally binding. They are contained within the legal pack and override all general auction terms where applicable.
Council Tax Band D Disclaimer DISCLAIMER: Whilst these particulars are believed to be correct and are given in good faith, they are not warranted, and any interested parties must satisfy themselves by inspection, or otherwise, as to the correctness of each of them.
These particulars do not constitute an offer or contract or part thereof and areas, measurements and distances are given as a guide only. Photographs depict only certain parts of the property.
Nothing within the particulars shall be deemed to be a statement as to the structural condition, nor the working order of services and appliances.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
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 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
Agent & docs
FAQ
About St. Michaels Road, Reading, RG30
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