1-bedroom flat · RG2 0WZ
For saleReduced £10k (−5.3%) on 15 OctListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish Ground Floor Apartment with Allocated Parking in Kennet Island Key Features: Well-presented ground floor apartment Spacious double bedroom Bright and generous living/dining room Contemporary fitted kitchen with integrated appliances Modern bathroom with quality fittings Allocated parking space Attractive communal gardens Ideal first-time purchase, downsizing option or investment Convenient location with excellent local amenities Modern Living in a Convenient Setting Situated within the popular Kennet Island development in Reading, this well-presented ground floor apartment offers a stylish and low-maintenance home, ideal for a range of buyers including first-time purchasers, downsizers and investors.
Bright and Spacious Living Area The property centres around a generously sized living and dining room, enhanced by large windows that allow for an abundance of natural light.
This versatile space comfortably accommodates both seating and dining areas, making it ideal for everyday living as well as entertaining.
Contemporary Kitchen The adjoining kitchen is finished in a modern style, featuring high-gloss cabinetry, integrated appliances and ample worktop space.
The layout is both practical and visually appealing, providing a functional cooking environment.
Comfortable Bedroom and Modern Bathroom The double bedroom is well-proportioned, offering a calm and comfortable space with room for additional furnishings.
The bathroom is fitted with a contemporary suite, including a bath with overhead shower, modern tiling and quality fixtures.
External Features Residents benefit from well-maintained communal gardens and pathways, creating an attractive environment around the development.
The property also includes an allocated parking space for added convenience. Location Kennet Island offers a well-connected location with regular transport links into Reading town centre.
Local amenities, including cafés, shops and leisure facilities, are within easy reach, along with nearby green spaces for outdoor enjoyment.
An Ideal First Home or Investment With its modern finish, practical layout and convenient location, this apartment represents an excellent opportunity for those seeking a ready-to-move-into home or a solid investment property.
Viewing is highly recommended to fully appreciate the size and potential of this property.
Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably.
Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria. Exclusivity Fee: You can secure the purchase by paying an exclusivity fee of £2,000.
This grants the buyer exclusive rights to proceed with the purchase for the duration of the conveyancing process, during which time the seller agrees to remove the property from the market and not negotiate with other parties.
The exclusivity fee is returned to the buyer upon successful completion of the purchase.
A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller.
This agreement sets out the terms of exclusivity and seller commitment but does not constitute an exchange of contracts.
This arrangement provides buyers with reassurance that the property is secured exclusively for them, reducing the risk of gazumping and unnecessary aborted costs.
Disclaimer The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order.
Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc.
Photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s).
No assumption should be made with regard to parts of the property that have not been photographed.
Any areas, measurements, aspects or distances referred to are given as a guide only and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.
Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact.
Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have.
Open Plan - Living / Dining Room / Kitchen (6.8m x 3.52m) Bedroom (3.47m x 2.96m) Bathroom
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 1, 57, Woolhampton Way, Berkshire
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