Summary - Castle Hill, Reading, RG1 RG1 7ST
1 bed 1 bath Flat
Compact central apartment with parking and rental income potential.
Close walk to Reading town centre and mainline station
This first-floor one-bedroom apartment occupies a characterful Georgian building within easy walking distance of Reading town centre and the mainline station. The flat benefits from gas central heating, residents' off-street parking and a long lease with 99 years remaining.
Presented as a compact home or buy-to-let, the property currently generates £11,400pa in rental income, representing an attractive gross yield of about 6.9% at the asking price. High ceilings and period features give the accommodation character, while the building's sandstone walls indicate traditional construction.
Buyers should note the flat is small (approximately 362 sq ft) and sits in an area with above-average crime. The service charge is around £1,200 per year; there is no ground rent. The EPC is D and external walls are likely uninsulated, so buyers should allow for energy and maintenance considerations.
Overall this is a straightforward investment or first-home opportunity for someone seeking central location, parking and period character, accepting the compact layout and service/energy costs.
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