1-bedroom house · RG30 2HZ
Listing removedListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD BY NICHOLAS ESTATE AGENTS & NEA LETTINGS. Situated with this brand new high specification development West Reading is this larger than expected split level top floor apartment.
The property is within easy reach of local amenities and the transport links in to central Reading. The property boasts and massive bedroom on the top floor.
On the lower floors there is a stylish bathroom and a good sized open plan living room with a modern kitchen. In addition there is good sized balcony with views towards the Reading skyline.
In addition there is parking, EV changing stations and heating via an air source heat pump. To appreciate the space on offer call now to view.
Communal Entrance - A well presented and secure communal entrance with secure lift and stairwell access to all floors.
Hallway - Entrance hall with vinyl, wood effect flooring, doors to bathroom and living room/kitchen and stairs to the first floor.
Bathroom - 2.64 x 2.12 (8'7" x 6'11") - Modern and stylish bathroom with vinyl wood effect flooring, bath with shower, sink, WC, recessed mirror and heated towel rail.
Living Room Area - 6.35 x 4.96 (20'9" x 16'3") - A great sized living area that has a window and patio doors to the large balcony with views towards the Reading skyline. Wood effect flooring.
A large storage understairs cupboard that houses the hot water and heating system, meters, consumer unit and space for a washing machine. Open plan to the kitchen area.
Kitchen Area - A modern kitchen area with built in oven, induction hob and extractor, plenty of work surfaces, base and eye level cupboards and recess for fridge.
Landing - Carpeted landing with door leading to the bedroom.
Bedroom - 6.7 x 3.92 (21'11" x 12'10") - Large, bright and airy carpeted double bedroom with plenty of morning light coming from the big window with views over Reading.
Balcony - 3.7 x 1.48 (12'1" x 4'10") - A good sized balcony, perfect for breakfast and coffee overlooking the whole of Reading.
Tenure - Lease: 129 Years from 1/11/1989 Service charge: £978.17 Ground rent: £75 per annum Services - Water. Mains Drainage. Mains Electricity. Mains Heating. Air source heat pump Mobile phone.
The vendor is not aware of any specific restricted mobile phone coverage Broadband. Superfast, obtained from Ofcom
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Rowe Court, Grovelands Road, Reading
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