3-bedroom flat · RG1 3AE
Let agreedListed 31 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fourth floor duplex penthouse apartment in the heart of Reading town centre overlooking the Kennet and Avon Canal.
This modern apartment offers a large open plan living/dining room and kitchen with integrated appliances, three double bedrooms with an en suite to the master bedroom and a three piece bathroom.
The property also benefits from two private balconies. It is furnished to an extremely high luxurious standard with features such as Bang and Olufsen home entertainment system.
Available 19th October 2026. *No parking.
Location: Reading is one of the south east's largest towns only 25 minutes from London by train, with trains running every five minutes or so, Reading is home to many of the city's commuters.
Reading also has easy links by road or rail to Swindon, Oxford, Basingstoke, Heathrow and farther afield.
Beyond the hive of commercial activity, Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away.
Reading offers a rich mix of shops and markets.
In the heart of the town, The Oracle combines chic boutiques with department stores such as Debenhams and House of Fraser and within a minute's walk there are many high-street favourites including John Lewis and Marks & Spencer.
There are restaurants, cafes and brasseries to suit every taste in Reading. Plus there are numerous bars and restaurants on the Oracle Riverside.
Reading school founded in 1125 is the 16th oldest school in England, there are 6 other state secondary schools along with 37 state primary schools in the borough.
In addition there are some well-recognised and top ranked independent and public schools in Reading and its surrounding catchment.
Schools such as Leighton Park, Queen Annes, The Abbey, Crosfields, Bradfield College, The Oratory and Bluecoat are just some of the outstanding public schools in the area.
Kendrick girls' school is one of the top grammar schools in the UK.
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
Agent & docs
FAQ
About 15 Oyster Wharf,, Crane Wharf, Berkshire
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