1-bedroom flat · RG1 3EJ
To rentReduced £300 (−8.3%) on 2 OctListed 2384 days · slow let
Opportunity summary
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About
Short term * fully furnished high-quality serviced apartment from reading’s leading serviced apartment provider * town centre location * rent inclusive of all bills * no fees * free superfast wi-fi * smart TV * weekly house-keeping * on-site parking available Our apartments are located in a very modern and stylish development located in the very heart of Reading town centre and within very close proximity to Reading mainline train station, while Reading’s vibrant town centre with The Oracle Shopping Centre, which offers over 100 stores, along with many restaurants and bars in addition to a 10 screen cinema, is only moments away.
Our apartments are individual in their design and character and are fully furnished to the highest standard and offer the highest level of accommodation with spacious and stylish open plan living and is the ideal location for both the business and leisure guest.
The apartment offers a true home from home experience with free superfast Wi-Fi and Smart TV, along with a light and open plan lounge/dining area and a fully equipped kitchen including washer/dryer and dishwasher.
The double bedroom offers spacious, stylish and very comfortable accommodation, while the bathroom is very spacious and includes both shower and bath facilities.
Weekly housekeeping comes as standard providing fresh towels and bed linen while a complimentary welcome pack containing a few essentials and treats is provided to ensure guests can relax and unwind from the moment they arrive.
Location: Reading is one of the south east's largest towns only 25 minutes from London by train, with trains running every five minutes or so, Reading is home to many of the city's commuters.
Reading also has easy links by road or rail to Swindon, Oxford, Basingstoke, Heathrow and farther afield.
Beyond the hive of commercial activity, Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away.
Reading offers a rich mix of shops and markets.
In the heart of the town, The Oracle combines chic boutiques with department stores such as Debenhams and House of Fraser and within a minute's walk there are many high-street favourites including John Lewis and Marks & Spencer.
There are restaurants, cafes and brasseries to suit every taste in Reading. Plus there are numerous bars and restaurants on the Oracle Riverside.
Reading school founded in 1125 is the 16th oldest school in England, there are 6 other state secondary schools along with 37 state primary schools in the borough.
In addition there are some well-recognised and top ranked independent and public schools in Reading and its surrounding catchment.
Schools such as Leighton Park, Queen Annes, The Abbey, Crosfields, Bradfield College, The Oratory and Bluecoat are just some of the outstanding public schools in the area.
Kendrick girls' school is one of the top grammar schools in the UK.
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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