1-bedroom flat · RG1 5ES
Let agreedReduced £50 (−3.6%) on 4 SepListed 132 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2932923. **** new to market **** A modern Upmarket Spacious Fully Furnished One Double Bedroom First Floor Purposed Built Apartment.
Set within a very well maintained development, finished to a very high standard. Located close to / within walking distance of the Royal Berkshire Hospital, Reading University and Reading Town Centre.
This stunning apartment comprises of a large double bedroom with fitted wardrobes and benefits from a balcony from the bedroom, loft space for storage, a newly fitted bathroom, modern luxury kitchen (5 Ring Gas Hob, Electric Oven, Fridge / Freezer, Dishwasher, Washing Machine & Microwave), and a spacious living & dining area.
The property comes furnished, with laminate flooring throughout, with gas central heating (Newly fitted Worcester Bosch Combi Boiler) and private allocated off road parking via permit.
Key features * Fully Furnished to a High Standard * First Floor * Double Glazing * Laminate Flooring Throughout * Large lounge / dining room * Fully fitted luxury kitchen * Double bedroom with French Doors to Balcony and King-size Bed * Newly refurbished Bathroom with Shower Over * Gas Central Heating (Newly fitted Worcester Bosch Combi Boiler) * Hallway with 2 Storage Cupboards * Access to Loft for Storage * Secure Entryphone System * Private Allocated Parking * Private Residential Development * Communal Gardens * Good Transport Links * Nearby Local Shops and Pubs * Walking Distance to Hospital, University, Town ****available now**** ****Rent: £1,500pcm***** Summary & Exclusions: - Rent Amount: £1,500.00 per month (£346.15 per week) - Deposit / Bond: £1,500.00 - 1 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 05 August 2026 - Maximum number of tenants is 2 - No Students - No Smokers - Bills not included - Property has parking - Property has garden access - EPC Rating: C If calling, please quote reference: 2932923 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.
Property Reference two million nine hundred and thirty-two thousand nine hundred and twenty-three
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.
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