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Cross Street, Reading

PROPERTY TYPE

Block of Apartments

BEDROOMS

6

BATHROOMS

6

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Residential investment opportunity
  • Income-producing portfolio
  • Comprises six one-bedroom apartments
  • Prime Reading town centre location
  • Walking distance to Reading Station
  • Direct Elizabeth Line access to London
  • High demand rental location
  • Proven short term let potential
  • Immediate access to The Oracle shopping
  • Excellent commuter connectivity

Description

This premier residential investment opportunity is situated in the absolute heart of Reading. Comprising a portfolio of six well-presented one-bedroom apartments, the asset is income-producing and offers a secure, focused residential investment.

The properties are perfectly positioned to capitalise on the thriving local rental market, with the units offering significant potential for high-yield short-term or serviced accommodation strategies alongside traditional letting models. The apartments showcase strong yield potential that is highly attractive for long-term rental sustainability.

The location is exceptional, placing tenants on the doorstep of Reading’s vibrant town centre. Residents enjoy immediate access to a vast array of high-street retail, independent cafes, and riverside dining at The Oracle, all just a short stroll away. The area is renowned for its dynamic lifestyle, blending historic charm with modern city conveniences, ensuring consistent and high tenant demand from business professionals and visitors alike.

Moreover, these apartments offer the flexibility to explore various income enhancement strategies. Investors can consider short-term serviced accommodation options, such as Airbnb. This adaptability allows for a tailored approach to maximise returns, catering to the evolving demands of the rental market.

Connectivity is a standout feature, with Reading Station located only a short walk from the property. This major transport hub offers rapid, direct access to London Paddington and extensive routes via the Elizabeth Line, making it a strategic choice for commuters working in the Capital or the Thames Valley. With its combination of immediate residential income, strategic location, and versatile asset management options, this portfolio of apartments is a compelling addition to any investment strategy.

Brochures

Cross Street, ReadingBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Cross Street, Reading

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About Perfect Pillars, Reading

400 Thames Valley Park Drive, Reading, RG6 1PT

Perfect Pillars - your perfect estate agency! We specialise in residential property management, bringing extensive knowledge and experience to efficiently handle all aspects of property letting. We provide personalised attention to each property, and tailor our services to meet the specific needs of landlords and tenants. We offer comprehensive letting management services with professionalism and we are ready to support you through our dedicated and experienced team.

Affordability

Monthly repayments£5,015
Property: £ 1,000,000
Deposit: £ 100,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference 34609191. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Perfect Pillars, Reading. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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