Studio flat · RG1 7JS
To rentReduced £25 (−2.3%) on 3 OctListed 51 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-proportioned basement studio flat situated on the edge of central Reading within easy walking distance of both the town centre & Reading West station, offering a welcoming and homely place to live, Ideal for a professional single or couple looking for a well-connected home in Reading.
The studio room is furnished with ottoman storage double bed, sofa, chest of drawers & is carpeted and has a fresh neutral decor Kitchen: Fully fitted with appliances inc Fridge/freezer, washing machine & cooker and furnished with table and chairs for dining.
Separate bathroom room fully fitted with a bath, shower, w.c and hand basin Energy Performance Band E A sense of space rarely found in studios, with a very welcoming and interesting split level layout, everything has it’s place and there is a place for everything Outside: Residents car park at the rear of the building provides allocated parking for one vehicle Location: Just on the outskirsts of Reading Town Centre, it is a few minutes walk from the centre, under 10 minutes from Reading Mainline or Reading West train stations, but yet this one way back street is a peaceful location to come home to.
Other costs to consider in addition to the Monthly Rent Deposit: equal to 5 weeks rent Mandatory Utilities: Electric, Water, Council Tax Band A Optional Utilities: Phone, Broadband, TV Services Other: Insurance Pre-Tenancy Costs Reservation Deposit: 1 weeks rent - this will hold the property for you for 14 days whilst we process your application, This is payable by bank transfer as soon as a let is agreed between the parties in principal.
For full details of the terms and conditions around the reservation deposit, please read our Tenants Information Terms & Conditions Dilapidations Deposit: 5 weeks rent (6 weeks under some circumstances, ask for details) - This will be protected by one of the government approved deposit schemes, if the property is managed by ourselves or the Landlord has instructed us to deal with the deposit protection, then the funds will be held and protected in the TDS Custodial Scheme.
These funds will become due no later than 5 days prior to the start of your tenancy unless your tenancy is due to start in less than 5 days from the approval of your applicantion, or otherwise agreed by the parties.
Some Landlords are also happy to offer a deposit alternative service through our partners FlatFair, if you would like to know more about this option please ask a member of the team.
First Months Rent: These funds will become due, by bank transfer, when your application & references have been accepted by the Landlord, and all parties have agreed to enter into the Agreement.
If your application is successful your Reservation funds will be credited against your first months rent.
During and at the termination of your tenancy there are a number of charges that may be applicable, these are: - Rent Arrears - Interest at 3% above the Bank of England Base Rate - The loss of a key to, or other security device giving access to, the property to which the tenancy relates.
- Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken in replacing lost key(s) or other security device(s).
- Payment on variation, assignment, or novation of a tenancy - £50 (inc. VAT) per agreed variation.
To cover the costs associated with taking the landlord’s instructions as well as the preparation and execution of new legal documents.
- Payment on termination (surrender) of a tenancy - you would be liable for the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Your money is in safe hands, as we are a member of ARLA Propertymark meaning our landlords' and tenants' money is protected through Client Money Protection (CMP) Scheme Reference Number C0126213.
We are also members of the Property Redress Scheme Membership No: PRS003677 EPC Rating: E Parking - Allocated parking
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.
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 Carey Street, 25 Carey Street, RG1
Explore nearby