How much is Cross Street, Reading?

The asking rent is £1,395 a month.

No floorplan from the agent

Cross Street, Reading

2-bedroom flat

1 bath

Asking rent

£1,395/mo

To rentListed 2 days

Investor metrics

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

Start free Log in

About

The property

A beautifully presented two-bedroom flat situated in the heart of Reading town center, offering the perfect combination of modern living and convenience.

This prime location places you just a short walk from Reading Train Station, making it ideal for commuters and those who enjoy the vibrant amenities the town has to offer.

The property boasts a spacious lounge/dining area, perfect for both relaxing and entertaining guests.

The two generously sized double bedrooms offer ample space for comfortable living, with plenty of natural light flowing through.

Additionally, the property includes a separate cloakroom, providing added practicality and convenience for day-to-day living.

With its excellent location and well-thought-out layout, this flat is ideal for professionals, couples, or small families looking to enjoy everything Reading has to offer while benefiting from a well-maintained home.

Key information

Furnished state

Furnished

Deposit required

£1,395

Available From

10 Nov 2026

Reception rooms

Council tax band

Band B

Estimated ~£1,400/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

Loading rental comparables…

Local SA Market

We're still gathering serviced-accommodation data for this area.

Model

Run the numbers.

Strategy: R2R · full calculator

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

Investment Disclaimer

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 advisers before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4No HMO Article 4 held

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.