Summary - Garrard House Garrard House Garrard House Garrard House Garrard House Garrard House Garrard House Garrard House Garrard Street, Reading, Berkshire, RG1 RG1 1NR
1 bed 1 bath Flat
Compact income-producing apartment in central Reading, ideal for buy-to-let portfolios.
1-bedroom flat producing £13,200 pa gross income
Approx. 355 sq ft — compact living space
Leasehold with 116 years remaining
Modern kitchen and bathroom; good overall condition
Currently tenanted; tenant intends to remain
Located in inner-city student neighbourhood, prime rental demand
High local crime rate; area classed as deprived
Buyers Premium applies on completion
This compact one-bedroom flat in Garrard House offers a straightforward buy-to-let proposition in Reading city centre. The building is modern and well-maintained; the flat itself is reported in good condition with a contemporary kitchen and bathroom, ready for continued rental use without immediate refurbishment.
Currently tenanted and producing a reported annual gross income of £13,200, the property represents a market-facing rental income stream for investors. At the asking price this equates to an approximate gross yield around 7.8%, making it suitable for a portfolio looking for central urban stock in a student neighbourhood.
Practical facts to note: the flat is small (approximately 355 sq ft) and is leasehold with 116 years remaining. The wider area is described as inner-city and multicultural with excellent transport links and many amenities nearby, but crime levels are noted as very high and the area is classified as deprived — factors investors should factor into lettings and insurance decisions.
A Buyers Premium will apply on purchase; full tenancy and investment details are available in the Let Property Pack. This is best suited to investors seeking an income-producing, low-maintenance city-centre flat with immediate rental occupancy.
1 bedroom apartment for sale in Garrard House, Garrard Street, Reading, RG1 — £220,000 • 1 bed • 1 bath • 489 ft²
1 bedroom apartment for sale in Garrard House, Garrard Street, Reading, RG1 — £225,000 • 1 bed • 1 bath • 489 ft²
1 bedroom apartment for sale in Garrard House, Garrard Street, Reading, RG1 — £210,000 • 1 bed • 1 bath • 489 ft²
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