1-bedroom flat · RG1 3LA
For saleListed 279 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Top Floor Living with River Views – No Onward Chain Positioned in a prime location just a stone’s throw from Reading town centre, this well-presented top-floor apartment offers the perfect blend of urban convenience and scenic surroundings.
Offered to the market with no onward chain complications, this property is an exceptional opportunity for first-time buyers looking to step onto the ladder or savvy investors seeking a high-demand rental asset.
The apartment is presented in good order throughout, boasting bright and airy living spaces.
The accommodation includes: Living/Dining Room: A generously sized, versatile space perfect for both relaxing and entertaining. Kitchen: A separate, well-appointed fitted kitchen.
Bedroom: A comfortable double bedroom with ample space for furnishings. Bathroom: A clean and modern three-piece suite.
Storage: The entrance hall features built-in storage to keep the living areas clutter-free.
Situated directly opposite the tranquil River Kennet, the building is set within beautifully maintained communal grounds.
Residents benefit from: Ample Parking: Dedicated space for both residents and visitors.
Commuter’s Dream: Walking distance to Reading Mainline Station, providing high-speed links to London Paddington and the Elizabeth Line.
Unrivalled Amenities: On the doorstep of The Oracle shopping centre, Thames Valley Park, and a host of local shops and eateries.
TO BOOK A VIEWING - You can use the brochure link in the full property description in the Rightmove advert 24/7 or call to speak to an expert - whatever you need, we're available.
Reach us from 9am - 6pm between Monday and Friday, and from 9am - 5pm on a Saturday.
Property ownership information Ground rent review period: No review period Service charge review period: Every 1 year Lease end date: 01/01/2130 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as 'draft'.
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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 Avon Place, Reading, RG1
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