1-bedroom flat · RG1 2DE
To rentReduced £75 (−6.4%) on 6 OctListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3054158. Available October 25th 2024.
Please note - single occupant professional tenant only High specification luxury furnished one bedroom Studio Flat with all modern amenities (washing machine/dryer, microwave etc).
Center of the center of Reading, Marketplace, minutes from the station, shopping and bus stops. High end fittings such as underfloor remote controlled heating and induction hobs.
Includes huge wardrobe with full length mirrors, storage racks in cupboard, couch, dining table, hanging hooks behind doors and other conveniences.
Estimated per month utility costs are: Water £ 8 - 13, electricity £ 50 - 70 & council tax (with single occupant discount) £ 111. Available October 17th 2026.
Please note - single occupant professional tenant only.
Viewings with 24 hours notice possible Summary & Exclusions: - Rent Amount: £1,175.00 per month (£271.15 per week) - Deposit / Bond: £1,355.76 - 1 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 17 October 2026 - Maximum number of tenants is 1 - Students welcome to enquire - No Smokers - Bills not included - No Parking Available - No Garden Access - EPC Rating: D If calling, please quote reference: 3054158 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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 Market Place, Central Reading Heart Of Town, Reading
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