2-bedroom flat · RG2 0GZ
Under offerListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Masons are proud to offer to the market this bright, well presented two bedroom two bathroom apartment located on the sought after Kennet Island development.
Close to Reading town centre, Green Park and excellent transport links including Reading Station, Green Park Station and the M4 junction 11. Regular fast bus services into town.
Direct rail links to London. Positioned on a peaceful, tree lined street opposite the Hilton Hotel (with resident discount for the gym and swimming pool).
There is a central Piazza, with a popular café (Fidget & Bob), convenience stores, nursery and barber shop. Several communal gardens/ children`s play parks on site.
Scenic riverside walks and two nature reserves sit close by.
The property benefits from a 13ft living/dining room with balcony, 9ft fitted kitchen, 13ft master bedroom, a 10ft second bedroom , two bathrooms (includes one en suite) and allocated parking.
Viewing recommended. No onward chain. Ideal for first time buyers, professionals or investors. Front door to spacious entrance hall, with two large storage cupboards.
Hall leads to: Living room: 13`3" x 13`1". Bright open plan living/dining area with private balcony. Kitchen: 10`2" x 6`8". Fitted kitchen with ample storage and worktop space.
Integrated appliances including gas hob, electric oven, extractor, washing machine and dishwasher. Additional space for freestanding fridge/freezer.
Main bathroom: bath with shower over, low level wc and wash basin. Bedroom 1: 13`0" x 8`10", large main bedroom, front aspect. Benefits from built-in wardrobes and an ensuite shower room.
Bedroom 2: 10`2" x 6`8". double bedroom, front aspect. Ideal as a guest room, home office or nursery. Whole apartment has gas central heating and is double glazed throughout.
It has a secure entry system and well kept, recently refurbished communal areas (main entrance, hall and landings).
Outside: There is one allocated parking space right outside the property with additional visitor bays and lots of street parking opposite. Secure indoor bike storage.
Additional information: • Second floor apartment. • EPC rating `B`. Well insulated. Very low energy costs. • Council tax band C. • No ground rent payable. • Service charge £2721pa.
• Leasehold: 190 years from 2007 so 171 years remaining. • Gas safety checks & EICR are up to date.
what3words /// pretty.grape.deep Notice Whilst every care has been taken in the preparation of these particulars, and they are believed to be correct, they are not warranted and intending purchasers/lessees should satisfy themselves as to the correctness of the information given.Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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.
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