Alfred Street, Hewitt, RG1

Positioned on the 17th floor, this impressive one bedroom apartment offers a level of elevation rarely available — making it one of the highest residential homes in RG1 with far-reaching panoramic views across the Town Centre & far beyond to the North & East, all within walking distance of Reading Station and the town centre.

The outlook is a true highlight, with expansive skyline views creating a bright, uplifting living environment throughout the day and into the evening.

The property forms part of the Hewitt building within the Chatham Place development, built by Muse Developments circa 2016/2017 — widely regarded as one of Reading’s most recognisable modern residential schemes. Residents benefit from a concierge service, secure entry system, communal garden space and lift access, delivering both convenience and a premium feel.

Internally, the apartment has been redecorated throughout prior to marketing, presenting in excellent condition and ready for immediate occupation. The open-plan living space is bright and well-designed, with large windows maximising both natural light and the impressive views.

The kitchen is finished in a contemporary style with integrated appliances include full size fridge/freezer, slimline dishwasher, oven, hob & extractor hood, while the generous double bedroom offers excellent proportions and comfort with mirrored built in wardrobe. A modern bathroom with large mirrored storage, bath with shower over, basin & w.c, the hallway contains 2 cupboards, one utility cupboard housing a washer/dryer and individual CPU heating unit, and the other offers storage.

The EPC confirms a strong C rating, reflecting the building’s modern construction and efficient design .

A major advantage is the long lease of approximately 237 years remaining, providing long-term security and strong mortgage appeal.

Offered vacant with no onward chain, the property is ready for a swift and straightforward purchase. Additionally, it can be sold fully furnished by separate negotiation, making it an ideal turnkey option.

Key Details:

17th Floor with lift access, and access to communal garden

Underfloor heating throughout delivered from the mains gas boiler, communal to the building, with individual CPU unit in each apartment for accurate billing

Water: Metered

Service Charges: £2600 per annum inc hot water

Ground Rent: £350 per annum

Investment Opportunity

This apartment represents an excellent ready-made investment opportunity, particularly given its condition, specification and concierge-led development.

One-bedroom apartments within this building and immediate area typically achieve £1,100 – £1,300 pcm, depending on presentation and furnishing — with this unit’s high-floor position and views placing it at the upper end of that range, the last rent achieved on this apartment was £1290pcm (March 2026).

This equates to strong gross yields in the region of 6%+, supported by:

• High demand from professionals and commuters

• Prime central location near Reading station

• Modern specification and energy efficiency (EPC C) - future proofed from EPC minimum standards due to change in 2030

• Concierge service enhancing tenant appeal

• Turnkey potential with furniture included

With service charges at £2,600 per annum inc hot water and ground rent at £350 per annum, the costs remain consistent with similar premium, lift-serviced developments in RG1.