Summary - Flat B, 62 London Road, READING RG1 5AS
1 bed 1 bath Flat
Compact investment near Reading station with upgrade potential.
Top-floor studio with high ceilings and period features
A compact top-floor studio in Foley Hall, positioned close to Reading town centre and the station, offers clear rental and refurbishment potential for cash buyers. The building’s Victorian character and high ceilings give the flat period charm, while the small footprint and kitchenette suit single professionals or short-term lets.
Practical details: leasehold with approximately 108 years remaining, communal heating, and access to a communal garden. The flat requires renovation, presenting scope to add value through modernising the kitchenette, bathroom and insulation improvements where possible.
Be transparent about the negatives: the property sits in an area with higher crime statistics and the building’s timber-frame walls are assumed uninsulated, which may mean further investment for comfort and energy efficiency. This is a cash-only purchase with no onward chain, making it suitable for investors or buyers able to fund immediate works.
For investors targeting students and professionals, the location and low council tax keep running costs down, while proximity to local amenities and transport supports consistent demand. Buyers should factor refurbishment costs and safety/security measures into their calculations.
Studio flat for sale in Royal Court, Kings Road, Reading, Berkshire, RG1 — £90,000 • 1 bed • 1 bath • 302 ft²
Studio flat for sale in Central Reading, Berkshire, RG2 — £150,000 • 1 bed • 1 bath • 419 ft²
Studio flat for sale in William Street, Reading, RG1 — £130,000 • 1 bed • 1 bath • 366 ft²
Studio flat for sale in Central Reading, Berkshire, RG1 — £200,000 • 1 bed • 1 bath • 377 ft²
1 bedroom flat for sale in Reading, Berkshire, RG1 — £199,000 • 1 bed • 1 bath • 355 ft²
1 bedroom apartment for sale in Tippett Rise, Dale Road, Reading, RG2 — £147,500 • 1 bed • 1 bath • 418 ft²
