RG1 7LY - 2 bed highrise city flat in 40, Alfred Street, RG1 7LY

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2 bedroom flat for sale in Reading, Berkshire, RG1

Summary - Reading, Berkshire, RG1 RG1 7LY

2 bed 2 bath Flat

Bright two-bedroom apartment with excellent transport links and strong rental potential.
17th-floor apartment with wide city views
Two double bedrooms and two bathrooms
Open-plan living/dining/kitchen with appliances included
Allocated off-street parking space
Long lease: approx. 238 years remaining
Located very close to station, town centre and The Oracle
Community heating scheme—likely communal service charges apply
Inner-city location: higher local crime and area deprivation
Set on the 17th floor of a well-known Reading development, this two-bedroom apartment offers wide city views, open-plan living and two bathrooms — a practical, low-maintenance city home or rental unit. The long lease (circa 238 years remaining) and allocated parking add convenience and appeal for buyers wanting a straightforward purchase with no chain.

The flat’s open-plan living/dining/kitchen and two double bedrooms suit sharers, commuters and investors targeting strong demand near Reading station and the Oracle. Its position in a popular development with lift access and secure communal areas supports easy letting and everyday living. The community heating system provides consistent warmth but may be accompanied by communal service charges.

Important considerations are the flat’s inner-city location and local area profile: the neighbourhood is classified as a multicultural student area with higher local crime and pockets of deprivation. Those factors will affect long-term homebuyers’ lifestyle choices and investor yields; they can also support steady rental demand from students and young professionals.

Overall, this 693 sq ft apartment is a practical, contemporary property with clear commuting and rental advantages. It’s best suited to buy-to-let investors or buyers prioritising convenience, views and low local maintenance, provided they account for communal running costs and the local area profile.

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