Studio flat · RG1 5AE
Let agreedListed 244 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Reading | student | September | RG1 Right next to the University of Reading London Road campus and a 20 minute walk from the Whiteknights campus, Kendrick Hall is the perfect place for students to make their home away from home.
Not only will commutes to university be short here at Kendrick Hall but getting to supermarkets such as Tesco and Sainsburys will be easy with this convenient location.
The accommodation also offers a great number of different communal areas such as the courtyard and communal lounge which are great for meeting your fellow residents and making new friends.
The Classic Studio offers an independent living experience with all essential amenities.
Measuring 27m2, each studio features a small double bed, double wardrobe, study area with desk and chair, ample storage space, and a private ensuite shower room.
The fully fitted kitchen includes a hob, oven, under-counter fridge/freezer, and a breakfast bar, allowing for self-contained living.
Skylets are property experts with over 40 years’ experience in rentals and lettings. With a head office based in Newcastle Upon Tyne, we specialise in both professional and student lettings.
We take huge pride in our company and our work and only represent buildings and landlords that have a reputation for excellence.
We are a team of enthusiastic individuals who will go above and beyond – with no fees, flexible viewing times and flexible tenancy lengths.
We work hard to find and deliver exactly what you are looking for. Whether you are thinking of letting your property through Skylets, or renting a property from us, please get in touch.
Let’s see what Skylets can do for you.
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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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 A3, Crown Place, Reading
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