3-bedroom flat · RG4 8ET
Sold STCListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
******SOLD PRIOR TO MARKETING******** A stunning Penthouse apartment presented for sale in excellent order throughout with far reaching views over playing fields with the River Thames beyond.
Offering a generous range of accommodation and having the bonus of a roof terrace with attractive aspects.
The accommodation comprises entrance hall, generous sitting room with roof terrace leading off, fitted kitchen with integral appliances, three good size bedrooms, the master with en-suite bathroom, and family shower room.
At the sides there are communal gardens and visitors parking. Reading town centre and main line train station are both within walking distance.
Other note worthy points include video entry phone system, large loft area and two secure under croft parking spaces. No onward chain.
Tamesis Place is strategically positioned in the heart of Caversham.
A brief stroll takes you to the town centre, offering a diverse array of shops and services, including a doctors' surgery, dental practice, and gyms.
Nature enthusiasts will appreciate the proximity to Christchurch Meadow and the picturesque River Thames.
For commuters, Reading town centre and Reading mainline station are easily accessible on foot (0.7 miles).
The mainline station provides a direct line to London Paddington mainline and Elizabeth line services, ensuring seamless connections to the capital and beyond.
Ground Rent - £300 Service Charge - £2000 Lease Length - 125 Years with 98 Years left Council tax band - D EPC rating - C Kitchen - 3.61m x 2.01m (11'10 x 6'7) - Living/Dining Room - 6.65m x 4.09m (21'10 x 13'5) - Bedroom 1 - 4.29m x 3.81m (14'1 x 12'6) - Bedroom 2 - 4.60m x 2.44m (15'1 x 8'0) - Bedroom 3 - 2.69m x 2.39m (8'10 x 7'10) -
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
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 advisors 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 Patrick Road, Caversham, Reading
Explore nearby
