1-bedroom flat · RG1 3GY
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain: This charming one-bedroom apartment presents an excellent opportunity for first-time buyers, professionals or investors, ideally positioned just moments from Reading Station and the town centre.
The accommodation comprises a bright and welcoming open-plan lounge, kitchen and dining area, with the space flooded with natural light from the large sliding doors leading to the balcony.
The modern kitchen is well arranged with a range of contemporary wall and base units, providing both practical workspace and storage.
The generously proportioned bedroom comfortably accommodates a double bed and benefits from a built-in wardrobe, providing excellent storage while keeping the room feeling spacious.
The modern bathroom is fitted with a contemporary suite, including a bath with overhead rainfall shower, complemented by stylish tiling and fixtures.
The property's location is a major attraction, with Reading Station just moments away, providing fast and convenient rail connections to London Paddington in under 30 minutes.
Reading town centre is also within easy reach, offering an extensive selection of shops, restaurants, cafés and leisure facilities.
For those who enjoy the outdoors, the nearby River Thames and Thames Path provide excellent opportunities for walking and cycling, while Forbury Gardens and Prospect Park offer further green spaces to enjoy.
With its excellent location, balcony, generous bedroom and no onward chain, this apartment is an ideal choice for both owner-occupiers and investors.
What3words /// gone.hooks.rank Notice 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.
Area
Agent & docs
FAQ
About Biscuit Factory, Palmer Street, Reading
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