1-bedroom flat · RG1 3GE
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish seventh-floor apartment | exclusive biscuit factory development | 25% shared ownership available Situated on the seventh floor of the highly sought-after Biscuit Factory development, this stylish and contemporary apartment enjoys a desirable riverside setting along the banks of the River Kennet, offering modern living in one of Reading’s popular residential developments.
Beautifully presented throughout, the apartment boasts high-quality finishes and a contemporary feel, making it an ideal opportunity for first-time buyers looking to step onto the property ladder.
A particular highlight is the private balcony, providing the perfect spot to relax and enjoy the outdoor space.
The property further benefits from allocated parking, offering both convenience and security.
The development itself offers a range of desirable features, including secure video entry, lift access to all floors and well-maintained communal areas, creating a comfortable and secure living environment.
Adding to its appeal, the property is available through a shared ownership scheme, with a 25% share on offer, presenting an attractive opportunity for buyers seeking a more accessible route to homeownership.
Combining an elevated seventh-floor position, a sought-after riverside setting and allocated parking, this appealing apartment is an excellent opportunity for first-time buyers and those looking to secure a modern home within easy reach of Reading’s amenities and transport links.
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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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, Berkshire
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