1-bedroom flat · RG1 3FY
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Carraway Street in Reading, this beautifully presented one-bedroom top-floor apartment is set within a modern building less than five years old.
Offering contemporary open-plan living, an abundance of natural light and attractive views over the River Kennet, this property is ideal for first-time buyers, couples and professionals seeking convenient town-centre living.
The accommodation centres around a bright and spacious open-plan living and kitchen area, creating a versatile space for relaxing and entertaining.
Karndean flooring adds a stylish, contemporary finish, while a separate utilities cupboard provides practical storage and houses the washing machine.
The double bedroom benefits from a generous private balcony, providing an excellent spot to enjoy the outlook and unwind at the end of the day.
The apartment further benefits from a secure allocated parking space, lift access, a separate cycle store, a video entry system, on-site security and access to a communal garden.
The location is particularly appealing for commuters and those wanting everything close at hand.
Reading town centre is approximately a five-minute walk away, offering an extensive selection of shops, restaurants, cafés and leisure facilities.
Reading railway station is around a ten-minute walk away, providing direct services to London Paddington in approximately 23 minutes, making this an excellent choice for those commuting into the capital or working locally.
Tesco Extra is also conveniently accessible, approximately a ten-minute walk or five-minute drive away.
The development offers a quiet residential atmosphere with friendly neighbours and a welcoming community feel, providing a peaceful place to call home while remaining close to the heart of Reading.
The apartment benefits from an impressive 986-year lease.
The service charge is £1,447.24 per six months, equivalent to approximately £241 per month, covering the development's shared facilities and services.
Combining modern interiors, river views, a private balcony, secure parking and excellent transport links, this attractive apartment offers an appealing balance of contemporary living and convenience.
Early viewing is highly recommended.
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 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
FAQ
About Flat 43, 2, Carraway Street, Berkshire
Explore nearby