3-bedroom flat · RG30 1EN
Sold STCListed 333 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PARKERS - This sizeable 3 bedroom flat comes to the market benefiting from having excellent transport links with the bus stop into the centre of Reading or into Tilehurst being 0.1 miles away and both Tilehurst Station 1.2 miles & Reading West Station 1.4 miles away from the property so perfect for commuting.
A spacious and bright top floor flat offering approximately 577 sq. ft of well-laid-out accommodation.
This property features an open-plan kitchen and living room measuring approximately 14'8" by 13'4", providing a versatile social and dining space filled with natural light from the wide window.
The flat includes three bedrooms, two generous double rooms and a smaller third bedroom or home office, accommodating a range of lifestyle needs. The bathroom is conveniently located off the hallway.
Being offered with no onward chain, this property provides an excellent opportunity for a swift and straightforward purchase, making it perfect for first-time buyers, investors, or those looking to downsize.
The blank canvas creates potential enhancement to create a perfect home. There is an allocated residents parking space.
The property is situated just 0.1 miles from the bus stop which takes you into the centre of Reading or towards the heart of Tilehurst Village.
Reading West train station is just 1.4 miles away & Tilehurst Station 1.2 miles away, lastly you're conveniently within walking distance to retail outlets such as Wickes, B&M and a 24-hour gym, as well as a range of eateries and local amenities too.
At the time of Instruction we have been advised by the vendors of the following information: Council Tax Band C (Reading Borough Council) £2,104.42 P/A.
Lease - 99 Years Ground Rent - £75.00 every 6 months Service Charge - £2,000 P/A.
Services available – Electric Central Heating The above information may be subject to change during the transaction period.
The above information may be subject to change during the transaction period. These particulars are a general guide only. They do not form part of any contract.
Services, systems and appliances have not been tested. “ In accordance with anti–money laundering (AML) regulations, all buyers are required to undergo identity and compliance checks.
Please note that an AML check fee of £25.00 will be charged to each buyer as part of this process.
This fee is non-refundable and payable prior to the release of sales memorandums or progression of any transaction.
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
Agent & docs
FAQ
About Winslet Place, Oxford Road, Reading, Berkshire, RG30
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