1-bedroom flat · RG2 6BU
Sold STCListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Final one bed apartment available!
Located on the fourth floor of No.2 Bankside Gardens lies apartment 2.4.1, a stunning 1 bedroom apartment that has been designed to St Edwards' exacting standards and is a state-of-the-art home in which no detail has been overlooked.
Featuring sophisticated urban accents, this apartment offers a light-filled open-plan kitchen/living area with access out onto the balcony.
The contemporary kitchen offers a full range of integrated cooking appliances, including fridge/freezer, dishwasher and Bosch built-in oven and electric hob.
Completing the apartment the spacious bedroom and luxury bathroom. Just minutes from central Reading, Bankside Gardens is where contemporary urban living meets the natural environment.
This design-led development of chic 1 and 2 bedroom apartments is set beside a beautiful lake, surrounded by acres of parkland, and also offers residents a host of excellent facilities.
Kitchen (2.62m x 2.41m) Individually designed contemporary kitchens with contrasting textile effect and matt finishes. Feature floating wall shelves. Composite stone worktops and upstands.
Stainless steel undermount sink with polished chrome mixer tap. Bosch built-in single oven, Bosch zone 4 electric hob.
Integrated frost-free fridge/freezer with active fresh technology, integrated dishwasher and integrated recirculating extractor hood.
Living/Dining (4.01m x 3.86m) Open plan living area with access out to the balcony. Bedroom (3.45m x 3.05m) Double bedroom with fitted wardrobe. Bathroom Wall mounted counter top basin.
Deck mounted polished chrome mixer tap. Wall mounted high level mirrored cabinet with feature floating shelving.
Back to wall WC with soft closing seat and cover, polished chrome dual flush plate and concealed cistern. Contemporary fitted bath with polished chrome wall fixed bath screen and black bath panel.
Polished chrome shower column and thermostatic mixer. Polished chrome heated towel rail. Mass black shaver socket.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
FAQ
About 2.4.1 Bankside Gardens,, Reading, Berkshire
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