1-bedroom flat · RG2 0GF
For saleReduced £10k (−7.7%) on 26 SepListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern ground floor studio apartment features a kitchen area, a living area/bedroom space, and a bathroom.
The property includes French doors opening onto a terrace, allocated parking, and access to communal gardens.
With no onward chain and boasting a long lease, this urban residence is ideal for first-time buyers and investors alike.
Situated in a central location with excellent transport links and local amenities on the doorstep, this property offers a convenient and stylish living space.
Don't miss out on the opportunity to own this well-presented studio in a highly sought-after area. Book your viewing today by contacting us.
Location: Kennet Island is Located off the A33, the main road leading from junction 11 of the M4 into Reading Town Centre.
Close to Green Park and the Madjeski Stadium the development well situated for young professionals and families alike.
There are plenty of amenities on the doorstep with 2 convenience stores and a nursery.
There is also the Hilton Hotel with all of its facilities including the LivingWell gym with a swimming pool, steam room and sauna
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 Flat 1,, Palmerston House, Reading
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