Summary - 20 FLAT 60 KENNET STREET READING RG1 4AQ
2 bed 2 bath Apartment
Ready-to-let city centre flat with parking and strong tenant demand potential.
Two double bedrooms; master with en suite
Allocated off-street parking included
Open-plan living with balcony and city views
Leasehold with 106 years remaining
Service charge approximately £3,800 per year
Electric room heaters; no gas central heating
Town centre location; fast broadband and excellent mobile signal
Higher local crime and area deprivation noted
This two-bedroom, two-bathroom apartment in Reading town centre offers a compact, modern unit aimed at investors or buyers seeking central rental income. The property benefits from two double bedrooms (one en suite), an open-plan living space with balcony and allocated off-street parking — features that appeal to commuter and student renters.
Practical details matter: the flat is leasehold with 106 years remaining and an average service charge of £3,800 per year. Heating relies on electric room heaters and the building was constructed post-2007 with double glazing; these reduce immediate refurbishment needs but mean higher ongoing energy costs compared with gas-heated homes.
Location is both its strength and a constraint. Set in a multicultural, inner-city neighbourhood close to shops, transport and fast broadband, it suits short-term lets or city-centre tenants. However the area records higher crime levels and local deprivation indicators, which can affect tenant mix, rental levels and insurance costs.
Overall this is a straightforward investment opportunity with immediate let-ready appeal and modest management overheads. Buyers should factor in the service charge, electric heating running costs and local area considerations when assessing yield and long-term capital growth.
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