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See how verdicts work1-bedroom flat · RG1 4AQ
For saleListed 719 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Key features 1 bed contemporary apartment Reading train station moments walk away City centre location Modern kitchen with integrated appliances Close to local amenities Excellent transport links Bicycle storage Full Description Tenure: Leasehold dipex Lettings & Management Ltd re pleased to present this exquisite 2nd-floor apartment, The apartment is sophistication, offering a generously proportioned living space.
It features a chic kitchen, complete with top-tier integrated appliances and sleek black composite stone countertops. Further enhancing the property's appeal is its wealth of additional features.
The flat enjoys an intercom entry system, double-glazing, gas central heating, and a unique fresh air system, designed to filter and condition the air for an optimised living environment.
In terms of connectivity, you're a mere 30-second stroll from Reading train station, putting London Paddington effectively less than 30 minutes away.
The locale also benefits from an extensive network of bus routes, including the Rail Air buses. A secure bicycle storage facility simplifies local commutes.
The vibrant Reading town centre, brimming with shops, bars, and restaurants, is practically at your doorstep.
For the health-conscious, the area hosts several fitness centres, tennis courts, and the serene Thames Tow Path, perfect for a riverside jog, is just moments away.
This leasehold property is subject to Council Tax Band C. The lease has a comfortable 119 years remaining, with a current ground rent of £250 per annum.
Notably, the ground rent is fixed, with no review period and no annual increases, offering fiscal predictability and security.
This is a remarkable opportunity to acquire a luxurious living space in a highly sought-after locale, pairing modern elegance with unmatched convenience.
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
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FAQ
About Flat 10, 20, Kennet Street, Reading
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