2-bedroom flat · RG1 3FY
Sold STCListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Arins Property Services are delighted to present to the market this immaculately presented two double bedroom top-floor apartment, built by the highly regarded Berkeley Homes.
Positioned on the top floor and benefitting from lift access, the apartment offers a well-designed and spacious layout throughout.
Upon entering, you are welcomed by a generous entrance hall providing access to all rooms within the property. To the right is a useful storage cupboard, ideal for coats and shoes.
Directly ahead is the second double bedroom, currently used as a home office but comfortably accommodating a double bed.
Continuing along the hallway, the spacious bathroom is located to the left and is presented in excellent condition. Opposite is an additional storage cupboard housing the washing machine and dryer.
Adjacent to the bathroom is the principal bedroom, which is well-proportioned and thoughtfully laid out to allow space for bedside tables either side of the bed, along with wardrobe space.
The heart of the home is the impressive open-plan living room and kitchen.
This bright and airy space is flooded with natural light and opens directly onto a private balcony, offering stunning views,perfect for relaxing on a summer evening.
The kitchen is well fitted with ample cupboard space and integrated appliances, including a dishwasher. Externally, the property benefits from a private, secure, underground allocated parking space.
Residents also enjoy access to two separate lifts, a private communal garden, and secure entry to the building. A major selling point of this home is its highly convenient location.
Carraway Street is situated on the eastern side of Reading town centre, adjacent to the Kennet & Avon Canal.
Reading Train Station is within walking distance, offering direct services to London in approximately 25 minutes.
The town also provides excellent road and rail links to Swindon, Oxford, Basingstoke, Heathrow and much more.
Beyond its superb transport connections, Reading offers beautiful riverside walks along the Thames and scenic paths beside the Kennet & Avon Canal.
Reading Town Centre boasts a wide mix of shops, markets, and leisure facilities, with The Oracle shopping centre and Riverside providing an excellent selection of restaurants and bars to suit all tastes.
EPC Rating: B Hallway 5.46m x 1.07m Kitchen 6.66m x 3.2m Bedroom 2.39m x 3.18m Bedroom 3.71m x 3.18m Bathroom 2.18m x 1.75m Disclaimer These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
We have not carried out a detailed survey nor tested the services, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings.
The measurements given are approximate. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Carraway Street, Reading, RG1
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