2-bedroom flat · RG1 3LF
No longer listedReduced £50 (−3.2%) on 20 SepListed 72 days · slow let
Opportunity summary
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About
Property Reference: 3005899.
Furnished 2-Bed Apartment with Balcony & Parking - Kings Road, East Reading A well-maintained, furnished two-bedroom first-floor apartment in an excellent location on Kings Road, East Reading.
The building has recently been refurbished, including upgraded fire-safety measures, new airtight windows and balcony doors, and fire-detection systems.
Rent: £1,550 per calendar month Available from: 3 October 2026 Council Tax: Band C Bills: Not included - payable by the tenant Parking: One car parking space No agents, please The property is well suited to a couple or small family looking for a spacious and conveniently located home.
The apartment benefits from lift access, a private balcony and secure communal entrance, and comprises: Spacious lounge/dining area (5.2m x 3.3m) - with 2 piece sofa, dining table and chairs.
Open-plan fitted kitchen (3.5m x 2.1m) - with tall fridge/freezer, microwave, washing machine, electric oven and hob. No dishwasher. Bedroom 1 (5.3m x 2.6m) - with double bed and storage cupboards.
Bedroom 2 (5.1m x 2.6m) - with double bed and storage cupboards. Bathroom - fitted with bath, washbasin and WC, white gloss tiled walls and a large feature mirrored wall.
Hallway - newly fitted laminate flooring with access to three built-in wardrobes/storage cupboards. Private balcony providing additional amenity space.
Parking for one car, with secure electric-gated access. Secure communal entrance with video entry system.
Excellent location Opposite Tesco Express and within easy reach of local amenities, restaurants and takeaways.
Reading College is approximately 2 minutes' walk, with the University of Reading and Royal Berkshire Hospital around 15 minutes' walk away.
The Oracle Shopping Centre is approximately 15 minutes' walk, while Reading town centre and railway station are around 20 minutes' walk. There is also convenient access to the M4.
Applicants will be subject to standard affordability, referencing and Right to Rent checks.
All applicants will be assessed using the same criteria Summary & Exclusions: - Rent Amount: £1,550.00 per month (£357.69 per week) - Deposit / Bond: £1,550.00 - 2 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 03 October 2026 - Maximum number of tenants is 4 - No Students - Smokers considered - Bills not included - Property has parking - No Garden Access - EPC Rating: B If calling, please quote reference: 3005899 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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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
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FAQ
About Crossway Point, Norwood Road, Reading
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