Immediate rental income potential in a long-lease central Reading flat.
- One-bedroom flat, approximately 32 sq m (344 sq ft)
- Sold at auction (Lot 91) on 19/11/2025, subject to an AST
- Long lease: c. 992 years remaining
- Reception through to bedroom area; bedroom has no external window
- Permit parking and access to communal gardens
- Service charge £678.31 every six months; council tax Band A (very cheap)
- Dated mid-20th-century interior; likely needs refurbishment
- Above-average local crime rate; inner-city, close to town centre
This one-bedroom flat (GIA c.32 sqm / 344 sq ft) is offered at auction (Lot 91) and currently sold subject to an Assured Shorthold Tenancy, providing immediate rental income potential. The long lease (approximately 992 years) and low council tax band make it an uncomplicated ownership profile for buyers seeking a buy-to-let in central Reading.
The accommodation is compact and traditional in layout: reception through to a bedroom area (the bedroom has no external window), separate kitchen and bathroom/WC. The interior is dated with low ceilings in parts and mid-20th-century finishes—sensible refurbishment would improve rental yield or create a comfortable pied-à-terre. EPC rating C; double glazing installed before 2002.
Practical positives include permit parking on the communal driveway, access to communal gardens, fast broadband and excellent mobile signal, and a location within 0.5 miles of Reading town centre and The Oracle. Reading station is about 1 mile away with good regional and London links, and the Royal Berkshire Hospital and several well-regarded schools are within easy reach.
Notable drawbacks are the very small floor area, the internal bedroom arrangement (no external window), dated decor and likely need for updating, and an above-average local crime rate. Service charge runs at £678.31 every six months. The property will be sold at auction on 19/11/2025 and is leasehold.
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