2-bedroom flat · RG1 3BJ
To rentListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** AVAILABLE 21ST DECEMBER ** FURNISHED ** A well-presented third floor executive RIVERSIDE APARTMENT benefitting from a CONCIERGE SERVICE, ALLOCATED PARKING SPACE & BALCONY.
Kennet House overlooks the Kennet and Avon Canal and is located on Kings Road on the Eastern side of Reading Town Centre and offers excellent access to Thames Valley Park and is a short walk to the Royal Berkshire Hospital, Reading University and Reading train station which is only 25 minutes from London by train, with trains running frequently.
There are bars and restaurants nearby and a 24 hour gym right next door. Reading offers a rich mix of shops and markets.
In the heart of the town, The Oracle combines chic boutiques with department stores 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.
The property includes an open plan living area with a Balcony, a large, fully integrated, high spec kitchen including appliances, two double bedrooms, with en-suite to the master bedroom, and a modern, hotel style bathroom.
The apartment has ample storage, double glazed windows and energy efficient electric heaters throughout. This property includes a car parking space for one car.
Mains electric and water supply Mains heating - electric room heaters Ofcom states predicted broadband available - standard & ultrafast Ofcom states voice & data coverage limited for EE, Vodafone, Three & O2 (O2 voice likely) Please visit the Ofcom website for additional information Please note - photos taken prior to Tenant moving in
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
Agent & docs
FAQ
About Kings Road, Reading, Berkshire, RG1
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