2-bedroom flat · RG31 6UG
Listing removedListed 519 days
Opportunity summary
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About
Sansome & George Tilehurst - Offered with the convenience of a 'No Onward Chain', this rarely available and unique 2 Bedroom Penthouse (3rd floor) Apartment is located within an exclusive gated development just off Long Lane on the western fringes of Tilehurst bordering countryside yet close to amenities.
Offered with the added advantage of no 'onward chain' complications, this rarely available penthouse apartment of over 1040 sq. Ft.
(97 sq m.), is ideally located being tucked away at the back of a sought after 'pocket development' to the western side of Tilehurst, bordering Purley-on-Thames and with views over fields and woodland behind.
This exclusive and sought after gated development is ideally located being within 1.5 miles of Tilehurst train station (London Paddington, Reading mainline, Oxford, Didcot), regular bus services and local amenities to include Waitrose, Tesco Express and Cotswold Sports Centre, as well as miles of open countryside and a beautiful stretch of the River Thames in nearby village of Purley.
A further range of services and amenities are easily accessible in either Pangbourne or Tilehurst, both being within 2.5 miles and offer cafes, pubs, restaurants as well as a range of shops and supermarkets.
The junction 12 of the M4 Motorway with Calcot Retail Park is conveniently a simple commute of circa 4 miles by car.
Approached via automated electric double gates, there is one allocated parking space and additional visitor parking, maintained communal gardens for shared use of the residents, as well as secure bicycle storage and refuse area.
The communal entrance hall is accessed via a telephone intercom entry system and stairs rise to the second (top) floor.
The front door to the property opens to a hallway which gives access to a generous dual aspect living room opening to a well appointed side aspect kitchen with integrated electric hob and oven plus appliance space for dishwasher, washing machine and fridge/freezer.
There are also two sizable bedrooms to include a generous L-shaped triple aspect main bedroom with en-suite shower room and a 'double' second bedroom with convenient door to the 'Jack and Jill' style Bathroom with white suite and heated towel rail.
The property is further complemented by built in storage in the hallway to include airing cupboard housing pressurised hot water system and features electric heating throughout.
Please contact Sansome & George Estate Agents to discuss this rarely available property in more detail or to schedule a viewing appointment at your earliest convenience.
West Berkshire Council - Band D Leasehold Information (as advised by the vendor):- Lease Term:- 125 years from 2006, circa 106 years remaining (to be confirmed) Ground Rent:- £150 per annum (to be confirmed) Service/Maintenance Charges:- £2300.00 per annum (to be confirmed)
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.
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FAQ
About 20, Pryor Close, Reading
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