Summary - 25 FLAT 3 WILLIAM STREET READING RG1 7DE
1 bed 1 bath Studio
Affordable city-centre buy with a private garden and rental potential.
Chain-free studio with private rear garden and separate fitted kitchen
Approx 366 sq ft (34 sqm) studio with 102 years remaining on lease
Estimated rental potential c. £950 pcm (approx 8.5% gross return)
Victorian mid-terrace; solid brick construction, may lack insulation
Cosmetic updating needed: dated kitchen, peeling paint, some roof damage
Low annual service charge (£100) and very cheap council tax band
Located within 0.5 miles of Reading station, shops and restaurants
Local area: inner-city cosmopolitan but higher crime and deprivation
This compact studio apartment offers an affordable, chain-free entry into central Reading, a short walk from the town centre and station. Set within a Victorian mid-terrace, the flat includes a separate fitted kitchen, one bathroom and a private rear garden — rare for a city-centre studio. With 366 sq ft and 102 years remaining on the lease, it suits a first-time buyer or buy-to-let investor seeking immediate rental income.
The interior is liveable but basic: the kitchen and some exterior elements show dated finishes and cosmetic wear, and the building exterior displays peeling paint and roof damage needing attention. Heating is by mains gas boiler and radiators; walls are solid brick with no assumed insulation, so buyers should factor potential energy-improvement work into budgets. Service charge and running costs are low (service charge £100/year; council tax band very cheap).
For investors the listing estimates achievable rent around £950 pcm, which reflects strong central demand and suggests a healthy gross yield. For a buyer looking to personalise, the studio’s straightforward layout and private garden provide sensible scope for modest refurbishment to increase comfort or rental value. Be mindful of the local context: the area is inner-city cosmopolitan but has higher crime rates and some deprivation, which will affect reselling and letting assumptions.
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