How much is Essex Street, Berkshire, UK?

The asking rent is £675 a month.

No floorplan from the agent

Essex Street, Berkshire, UK

Studio flat

1 bath

Asking rent

£675/mo

To rentListed 1 day

Investor metrics

HMO Article 4 Direction AreaReading Borough Council HMO Article 4 Direction (2012) · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

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About

The property

First floor self contained studio. The property comprises of a room incorporating the bedroom with small kitchenette and an ensuite.

This studio is in a close proximity to the Royal Berkshire Hospital, walking distance to the town centre and has good bus links. Available 15th November 2026 with furnishings.

Launderette shop available at the end of the street as there is no washing machine in the property. All bills included excluding council tax. Internet available for £10 pcm.

Ideal for a single person only First floor self contained studio. The property comprises of a room incorporating the bedroom with small kitchenette and an ensuite.

This studio is in a close proximity to the Royal Berkshire Hospital, walking distance to the town centre and has good bus links. Available 15th November 2026 with furnishings.

Launderette shop available at the end of the street as there is no washing machine in the property. All bills included excluding council tax. Internet available for £10 pcm.

Ideal for a single person only

Key information

Furnished state

Furnished

Deposit required

£779

Available From

15 Nov 2026

Bills

Bills Included

Council tax band

Band A

Estimated ~£1,200/year

Local authority

Reading

Unitary Authority

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

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Model

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Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

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Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.