Summary - Alfred Street, Reading, Berkshire RG1 7LS
1 bed 1 bath Apartment
Perfect for commuters or buy-to-let investors seeking low-maintenance central living.
Upper-floor one-bedroom apartment, 495 sq ft, built 2015
Short walk to Reading Station; 25 mins to London Paddington
Private balcony, lift access, off-street parking included
Chain free sale; 237 years remaining on lease
Community heating system; typical thermal performance for age
Fast broadband and excellent mobile signal for home working
Inner-city, multicultural student neighbourhood with high footfall
Area has high crime and is classed as deprived—affects resale/letting
This upper-floor one-bedroom apartment (495 sq ft) offers modern, low-maintenance city living in a 2015 development close to Reading Station. The open-plan living area, contemporary kitchen, private balcony and lift access suit commuters and landlords seeking easy-to-let accommodation. Off-street parking and fast broadband add practical appeal.
The property is leasehold with 237 years remaining and is offered chain free, simplifying purchase. Heating is via a community scheme; the building’s construction and average thermal performance are typical for its age. Council tax is described as affordable, and excellent mobile signal supports home working.
Location is the apartment’s key strength: a short walk to Reading Station with 25-minute services to London Paddington and Elizabeth Line links into central London. The surrounding neighbourhood is an inner-city, multicultural student area with wide amenities, shops and leisure options within easy reach.
Buyers should weigh important drawbacks. The wider area has high crime levels and is classed as deprived, which can affect long-term resale and lettings. The inner-city, student-focused location means higher footfall, potential noise and variable tenant demand. Investors are advised to factor in these local conditions when assessing rental projections; provided information suggests a possible yield around 6%.
Overall this apartment suits a commuter or investor wanting a turn-key, centrally located one-bed with strong transport links and straightforward management, while being realistic about local crime and neighbourhood characteristics.
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