Studio flat · RG1 3FB
Listing removedListed 478 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perfectly placed in the heart of Reading town centre and all its amenities and within easy walking distance to Reading station, this compact studio is well fitted out with entrance hall with storage, modern kitchen with breakfast bar, shower room, open plan living space and secure entrance.
The property would be perfect for a first time buyer, commuter or investment buyer.
No Onward Chain ENTRANCE HALL: Storage cupboard, door to shower room and arched opening to, LIVING ROOM/BEDROOM: - 3.85m (12'8") Max x 5.08m (16'8") Max Double glazed window, double and single built in wardrobes, electric radiator, wall light point, open to, KITCHEN: - 2.26m (7'5") x 1.87m (6'2") Comprising single drainer sink with mixer tap, range of eye and base level drawer and cupboard units, roll top work surfaces, electric hob, electric oven, canopy extractor fan, slimline integrated dishwasher, breakfast bar, part tiled walls, phone entry intercom system.
SHOWER ROOM: - 1.06m (3'6") x 1.87m (6'2") Modern suite comprising tiled corner shower cubicle with thermostatic shower, pedestal wash hand basin, low level WC, extractor fan, part tiled walls, dual voltage shaver light, electric heated towel rail.
MISCELLANEOUS: Bike store, lease 150 years from 2013, service charge £1,900 per annum, ground rent £150 per annum. Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Purchasers must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 Abbey Square, Reading
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