Summary - Russell Street, Reading, Berkshire, RG1 RG1 7XD
1 bed 1 bath Apartment
Ideal low-maintenance central base for commuters or buy-to-let investors.
Chain-free share of freehold with 961-year lease remaining
Compact one-bedroom, approximately 348 sq ft — small internal size
Close to Reading town centre and fast rail links to London
Street permit parking only; no private garden or communal greens
Service charge approx £1,200 per year; low council tax band
Building circa 1900–1929 with solid brick walls, likely uninsulated
Area has higher crime rates and local deprivation — consider security
Presented tidy internally; quick let or move-in potential
This compact first-floor one-bedroom apartment in a Victorian red-brick terrace offers a straightforward, chain-free purchase with a long lease and share of freehold — attractive for first-time buyers or investors seeking a central Reading base. At about 348 sq ft the accommodation is small but usefully arranged with a bright living room, separate kitchen, double bedroom and shower room. High ceilings and period external features give the flat some character despite its modest footprint.
Key value drivers are proximity to Reading town centre and the train station (fast frequent services to London), low council tax, and a lengthy lease (961 years) that removes immediate lease-extension costs. The property is presented tidy and neutral internally so it can be occupied or let quickly with minimal redecoration. On-street permit parking is available for residents.
Notable practical issues are plain and should shape expectations: the flat is small (suitable for single occupancy or a couple), there is no private garden and communal external space is minimal. The property sits in an area with higher crime and levels of deprivation, and the building has solid brick walls likely without insulation — future buyers should consider potential energy-efficiency improvements. The service charge is around £1,200 per year and parking is limited to permits on the street.
For buyers seeking a central, low-maintenance entry into Reading’s property market — or investors targeting rental demand from nearby university students and commuter professionals — this apartment offers convenience and long-term security through share of freehold. Those needing larger accommodation, private outside space, or a quieter neighbourhood should look elsewhere.
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