1-bedroom flat · RG1 7NP
For saleListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Seller's Note - agent ref/ AR01 "i've owned this apartment for nearly 20 years and it has always been in demand - tenants have loved it and it's never sat empty for long.
Being a no through road, so it's much quieter than most flats in Reading than you'd expect for somewhere so close to town.
The parking space has always been a real bonus, and the patio at the back is a lovely spot for a morning coffee. It's a proper little retreat when you want it.
Whether you're a first-time buyer or a commuter looking for an easy base, it's a great place to come home to".
Alex's Take A well-presented one bedroom apartment to the west of Reading on George Street, a 10-minute walk from Reading Station and the town centre.
You come in through your own private front door with security lighting - no shared lobbies or communal corridors.
The living room has exposed brickwork and original stripped pine floorboards, which give it a warmth. It is semi-open plan to the galley kitchen, making it a social space.
The separate study and utility room is a real bonus. The kitchen has been fitted with an electric oven and hob.
The double bedroom has fitted wardrobes, and the bathroom has a white suite with a shower over the bath.
Double glazed security windows throughout, electric radiators with timers, a rear door onto a sunny private patio, and an allocated parking space to the back for convenience and security.
No onward chain. Great for first-time buyers or commuters.
Please note - The parking area at the rear is for flat 1 and the top flat (1 space each) £8000 worth of work was carried out on the roof - Jan 2025 Pre-ordered Searches - To keep things moving from day one, searches have already been pre-ordered and are ready to go - water and drainage, environmental and local authority.
Buyers purchase the existing search pack from our agency as part of the transaction, which simply replaces what your solicitor would have ordered anyway.
No duplication, no extra cost - just a faster start. Solicitors - We have a panel of trusted solicitors we can refer you to - Apex Law, hsr Law, and Bannister Preston Solicitors.
All three firms work remotely and handle conveyancing across England and Wales, so you're in safe hands wherever you're based.
We can arrange a free no-obligation quote for you, and if you choose to instruct one of them, we will receive a referral fee of up to £250.
Mortgages - If you need finance, we can introduce you to Brian at the Mortgage Advice Bureau. They're one of the UK's leading independent mortgage brokers and Brian looks after our clients personally.
We may receive a referral fee of £250 if you take out a mortgage through them. Anti-Money Laundering Checks - We're required by law to verify the identity of all buyers.
We use a secure third-party system to carry this out, and there's a fee of £40 + VAT per person. This is non-refundable.
We'll let you know exactly what's needed and how to complete it quickly - it usually only takes a few minutes
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 advisors 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 15, George Street, Reading
Explore nearby