1-bedroom flat · RG1 4QA
To rentReduced £350 (−10.4%) on 2 OctListed 396 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
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 centre of Reading 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 very 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 and extremely comfortable accommodation, while the bathroom is both well-appointed and stylish.
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.
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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