2-bedroom flat · RG1 4AQ
For saleReduced £15k (−4.8%) on 5 SepListed 110 days
Opportunity summary
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About
Substantial apartment set in a Landmark development, convenient for Reading Station, The Oracle and Riverside. Open living space with large picture windows.
Modern kitchen with appliances, two generous bedrooms, two bathrooms, allocated, secure parking and residents roof terrace The accommodation is well presented throughout and comprises a welcoming entrance hall, a contemporary three-piece bathroom suite and two genuine double bedrooms.
The principal bedroom is particularly impressive, benefitting from built-in storage and a modern en-suite shower room, whilst the second bedroom offers excellent flexibility as a guest room, home office or additional double bedroom.
At the centre of the home is a substantial open-plan living, dining and kitchen area, providing an excellent space for both everyday living and entertaining.
The room enjoys plenty of natural light and offers ample space for separate seating and dining areas, complemented by a modern fitted kitchen with a range of integrated appliances and storage.
Residents of the development enjoy access to a superb communal roof terrace, offering an attractive outdoor space to relax, socialise and enjoy elevated views across the surrounding area - a particularly rare feature for a town centre apartment.
Kennet Street is perfectly positioned to take advantage of everything Reading has to offer.
The Oracle Shopping Centre, riverside restaurants, cafés, bars, gyms and leisure facilities are all within a short walk, whilst the town's thriving business district is also easily accessible.
For commuters, the location is outstanding.
Reading Mainline Station is within walking distance and provides fast services to London Paddington in approximately 25 minutes, direct access to the Elizabeth Line and connections throughout the South East and beyond.
Reading West Station is also nearby, while the A329(M), A33 and M4 are easily accessible for those travelling by road.
Combining spacious accommodation, a sought-after town centre location and the added benefit of a communal roof terrace, this is a superb opportunity to acquire a stylish apartment in one of Reading's most convenient and well-connected locations.
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.
Area
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FAQ
About Flat 50, 20, Kennet Street, Reading
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