2-bedroom flat · RG1 1LH
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set right in the centre of Reading, this impressive top-floor corner apartment offers a fantastic combination of space, style and convenience.
The property features a bright and welcoming open-plan living and kitchen area, two well-proportioned double bedrooms, with the principal bedroom benefiting from its own en-suite, plus a separate shower room.
Situated just moments from Reading Station, the apartment is particularly well placed for commuters, with London Paddington easily accessible by train. The building also benefits from lift access.
With an exceptionally long 997-year lease, no ground rent and no onward chain, this is an excellent opportunity for a first-time buyer, investor or anyone looking for a convenient base in the centre of Reading.
Tenure - Leasehold, 997 year lease Service Charge £2600 pa Ground rent £0 Property & Services information: Mobile Coverage: 4G coverage is available in the area - please check with your provider.
Broadband Availability: The broadband connection is fast and fixed wireless is available in the area. Utilities: Electricity and mains water and sewerage are connected.
Disclaimer Disclaimer: Whilst these particulars are believed to be correct and are given in good faith, they are not warranted, and any interested parties must satisfy themselves by inspection, or otherwise, as to the correctness of each of them.
These particulars do not constitute an offer or contract or part thereof and areas, measurements and distances are given as a guide only. Photographs depict only certain parts of the property.
Nothing within the particulars shall be deemed to be a statement as to the structural condition, nor the working order of services and appliances
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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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
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FAQ
About Flat Flat 15, 1, Station Road, Reading
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