1-bedroom flat · RG1 3GB
Listing removedListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discover this exceptional 2-bedroom, 2-bathroom apartment at Reading Riverworks, Berkeley's exciting new riverside neighbourhood in the heart of Reading.
Positioned on the first floor of the sought-after Albury Cross phase, this beautifully designed home offers approximately 754 sq ft (70.0 m²) of contemporary living space with a desirable west-facing aspect, allowing plenty of natural light throughout the afternoon and evening.
The spacious open-plan living and dining area connects seamlessly to a stylish modern kitchen fitted with premium integrated appliances and high-quality finishes.
Both double bedrooms are generously proportioned, with the principal bedroom benefiting from an elegant en-suite bathroom, while a separate contemporary family bathroom provides additional convenience.
Located only a 3-minute walk from Reading Station, residents enjoy outstanding connectivity via the Elizabeth Line, direct services to London Paddington in approximately 23 minutes, and excellent rail links across the UK.
Reading town centre, riverside walks, cafés, restaurants, shopping, and leisure facilities are all within a short walk, creating an ideal balance between city living and tranquil waterside surroundings.
Reading Riverworks has been thoughtfully designed to create a vibrant new community beside the River Thames, combining attractive public spaces, landscaped surroundings, and modern architecture with Berkeley's renowned quality and attention to detail.
Whether you're searching for a stylish home, a London commuter base, or a strong long-term investment, this outstanding apartment offers an excellent opportunity in one of the South East's fastest-growing property markets.
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 Reading Riverworks, Reading Riverworks, Carraway Street, Reading
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