2-bedroom flat · RG1 5DU
Listing removedReduced £15 (−0.4%) on 18 SepListed 43 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Feel at home in this modern 2-bedroom apartment located on the first floor in Reading Town Centre (RG1).
This comfortable and functional flat is perfect for contractors, nhs staff, business stays, and families.
This apartment features a double bedroom with a private ensuite bathroom, a second bedroom with two single beds, and a comfortable sofa bed in the living room, accommodating up to six guests.
The fully equipped kitchen includes an electric hob and oven, fridge/freezer, kettle, toaster, and a washer/dryer. The main bathroom has a shower, toilet, and sink.
Enjoy free private driveway parking for up to 2 vehicles, ideal for work vehicles. A washer/dryer is available in the unit for longer stays.
Conveniently situated in central Reading (RG1), this apartment is just 5 minutes from Reading Station and the town centre, offering quick links to London, Oxford, and Heathrow.
It's also close to Green Park Business Park, Thames Valley Park, and Royal Berkshire Hospital.
The surrounding area is a quiet, safe residential neighborhood with walkable cafes, supermarkets, and takeaways.
Check-in requires photo id and a photo selfie via a portal link, and a refundable deposit or damage waiver will be requested.
Please note that a few non-steep stairs must be climbed to reach the apartment.
The apartment offers superfast Wi-Fi, perfect for remote work and Zoom calls, and a dedicated workspace for business travelers and contractors.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 advisers 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
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FAQ
About Kendrick Road, Kendrick Road, Reading
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