Studio flat · RG1 5DH
Sold STCReduced £10k (−6.7%) on 25 MayListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This nicely presented top floor studio apartment offers a fantastic opportunity for first time buyers and investors alike.
Situated in a highly convenient location within walking distance of Reading town centre, Reading University and the Royal Berkshire Hospital, the property combines practicality with excellent connectivity.
Positioned on the top floor, the apartment enjoys an elevated and private feel.
The accommodation is well laid out, with a bright and spacious studio room providing ample space for both living and sleeping areas.
The kitchen is neatly fitted and well maintained, offering generous storage and worktop space. The bathroom is extremely tidy and finished in neutral tones, creating a clean and fresh environment.
Externally, the property benefits from a garage, providing valuable parking or additional storage, which is a real advantage for a studio apartment in this location.
Offered to the market with no onward chain complications and a healthy 114 year lease, this is a straightforward purchase ideal for buyers looking for their first step onto the property ladder or investors seeking a strong rental opportunity close to key amenities and transport links.
Early viewing is highly recommended.
Key Features Top floor studio apartment No onward chain complications Bright and well proportioned studio room Neatly fitted kitchen Very tidy bathroom Garage included 114 year lease remaining Walking distance to Reading town centre Close to Reading University Easy access to Royal Berkshire Hospital Ideal first time buy Excellent investment opportunity Agents note: In accordance with the Money Laundering Regulations mandated by the government in 2019, it is obligatory for us to verify the identity of all potential buyers.
We engage the assistance of a third-party entity, Lifetime Legal, who will reach out to you directly at a mutually agreed upon time for this purpose.
They will require the complete name, date of birth, and current residential address of all buyers.
A nominal fee of £90, inclusive of VAT, is applicable for this service (per transaction, not per individual), payable directly to Lifetime Legal.
Kindly note , we are unable to provide a memorandum of sale until the verification process is concluded.
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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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
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 Kendrick Road, Reading, RG1
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