Summary - Hanover House, Kings Road, Reading, Berkshire, RG1 RG1 4NN
1 bed 1 bath Apartment
Compact, contemporary one‑bedroom apartment — ideal first home or high‑yield investment..
Allocated off‑street parking space included
Bright open‑plan living with large windows
Modern fitted kitchen and tiled bathroom
Lift access and security entry system
Long lease (115 years) and no ground rent
Estimated 8% rental yield — good investment potential
Small overall size: 356 sq ft — compact accommodation
Electric room heaters; higher running costs possible
This bright fourth‑floor apartment in Hanover House offers a compact, contemporary one‑bedroom layout ideal for a first‑time buyer, pied‑à‑terre or buy‑to‑let. The open‑plan living space, large windows and modern kitchen/bathroom create a light, easy‑care home in the heart of Reading.
Practical benefits include lift access, allocated off‑street parking, a long 115‑year lease, zero ground rent and an attractive estimated rental yield of 8%. The building sits close to Reading Station, the Royal Berkshire Hospital and local amenities, making it highly convenient for commuters and students.
Buyers should note the apartment is small (356 sq ft) and heated by electric room heaters rather than central gas, which can affect running costs. The service charge is around £1,900 per year; while described as affordable, this is a regular cost to factor into budgets.
The property is offered chain‑free and presents a straightforward purchase or investment with immediate rental potential. For someone seeking a low‑maintenance, centrally located home or a city‑centre rental, this apartment delivers convenience and strong yield potential.
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