1-bedroom flat · RG2 0AJ
To rentReduced £45 (−3.6%) on 27 SepListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3043535.
Key features One-Bedroom 1st Floor Apartment Allocated Parking Space & Visitor Parking Available Long Let Furnished Close To Reading Town Centre Fibre Broadband available Easy Access To M4 Close To Train Station A bright, modern & thoughtfully designed apartment on the 1st floor.
This apartment is based in Kennet Island - a peaceful development in Reading.
With a comfortable sofa & king-size bed, this apartment is fully furnished (including all decoration, cutlery, and kitchen equipment), spacious & makes you feel at home as soon as you step in the door.
Location: Kennet Island is located off the A33, the main road leading from junction 11 of the M4 into Reading Town Centre.
Close to Green Park and the Madjeski Stadium, the development is well situated for young professionals and families alike.
There are plenty of amenities on the doorstep, including the Fidget & Bob Cafe, a convenience store, and the Little Kingdom Day care nursery.
There is also the Hilton Hotel with all of its facilities, including the LivingWell gym with a swimming pool, steam room, and sauna.
Summary & Exclusions: - Rent Amount: £1,325.00 per month (£305.77 per week) - Deposit / Bond: £1,325.00 - 1 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 17 September 2026 - Maximum number of tenants is 2 - No Students - No Smokers - Bills not included - Property has parking - No Garden Access - EPC Rating: B If calling, please quote reference: 3043535 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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, Longships Way, Reading
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