1-bedroom flat · RG1 5PG
Let agreedListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom first floor apartment situated in a quiet location in East Reading close to the Royal Berkshire Hospital and Reading town centre.
The property comprises of an open plan lounge / kitchen with appliances, a double bedroom and shower room. Added benefits include off road residents parking. Available 17th February 2025. Furnished.
*Deposit free renting via Reposit is available with this property. Please enquire. Location: Alexandra Road is located on the East side of Reading.
The area surrounding the campus is one of the most popular places to live in Reading being just over a mile from Reading Train Station and walking distance of the town centre.
There is a multitude of local amenities including some great pubs, restaurants, take aways, shops and parks.
The Royal Berkshire Hospital is also located in the area and there are some excellent schools including the highly acclaimed Reading Grammar School for boys, Kendrick girl's Grammar, Leighton Park, St Josephs and the Abbey public schools.
There is a diverse range of property in the area including grand Victorian town houses, smaller terrace properties, classic Georgian buildings and modern homes and apartments.
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.
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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 Flat 4, 55, Alexandra Road, Berkshire
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