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See how verdicts work2-bedroom flat · RG1 4AQ
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain & allocated parking Situated in a convenient central Reading location, this well-proportioned two-bedroom second-floor apartment offers spacious and practical accommodation throughout and is offered for sale with no onward chain.
The property benefits from allocated underground parking and comprises a welcoming entrance hallway with useful storage cupboards, a generous reception room with access to a winter balcony, and a separate fitted kitchen.
There are two double bedrooms, with the principal bedroom benefiting from an en-suite shower room, alongside a further family bathroom.
Kennet Street is ideally positioned within easy reach of Reading town centre, offering an excellent selection of shops, restaurants, cafés and leisure facilities.
The popular Oracle Shopping Centre provides an extensive range of retail and dining options, while nearby riverside walks along the River Kennet and Thames offer attractive outdoor spaces.
Reading also benefits from a variety of cultural attractions, entertainment venues and everyday amenities.
The property is well placed for commuters, with Reading railway station providing regular mainline services to London Paddington, Oxford and other major destinations, alongside Elizabeth line services into central London.
Reading West station offers additional rail connections, while the nearby A4, A33 and M4 motorway provide convenient road access to London, Heathrow Airport and the wider Thames Valley.
Approximate Service Charges: £319.29 pcm* Lease: 104 years *Service charges are estimated and may subject to change.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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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FAQ
About Flat 34, 20 Kennet Street, Berkshire
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