£200,000
(£563/sq. ft)
1 bed flat for saleGarrard House, Garrard Street, Reading RG1
1 bed
1 bath
1 reception
355 sq. ft
EPC Rating: C
- Chain free
- Leasehold
Avocado Property
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About this property
Marketed by Kiel Holder **check out the property tour**
Dream Location Investment Property Offering 6.2% Net Yield
No Onward Chain
Rent £1,250pcm
One Bedroom Apartment
Across the Road from Reading Central Station
Lease Over 100 Years
Gas Central Heating
No Parking
Level access
One-Bedroom Apartment In Garrard House, Reading Town Centre – Perfect For Investors Or First-Time Bu
Sellers view:
"We purchased this property as a brand-new investment and were immediately drawn to its unbeatable location—just a 1-minute walk to Reading station, yet on the quiet side, away from the hustle and bustle.
Since purchase, we have maintained the property in excellent condition, ensuring it remains in top order. It has been a fantastic investment for us, with a yield exceeding 7%, and tenants have always been easy to find due to its prime location and modern appeal.
We're sad to let it go, but we’re confident the new owners will appreciate both the convenience and the value this property offers."
Kiel's view:
I am delighted to present this beautifully designed one-bedroom, second-floor apartment located in the prestigious Garrard House in the heart of Reading town centre. This modern property is a fantastic opportunity for investors or first-time buyers looking to combine convenience with urban living.
Key Features:
• Prime location directly opposite Reading Train Station, providing seamless connections via the Elizabeth Line, making it a commuter’s dream with access to London Paddington in under 25 minutes.
• Gas central heating for efficiency and comfort throughout the year.
• Spacious double bedroom with built-in wardrobes for ample storage.
• A sizeable utility cupboard, perfect for additional storage.
• Bright and airy interiors, offering a welcoming atmosphere that is also remarkably quiet despite being in the bustling town centre.
Investment Opportunity:
This property is ideally suited for investors, with its unbeatable location offering excellent rental demand. Reading’s status as a key tech and business hub, combined with its direct links to London, Heathrow Airport, and beyond, makes it an attractive prospect for professionals seeking rental accommodation.
Location Highlights:
Living in Garrard House puts you steps away from Reading’s vibrant town centre with its mix of shopping, dining, and entertainment options. The nearby Oracle shopping centre offers high-street brands, while the surrounding area boasts an eclectic mix of independent cafes, restaurants, and bars. The addition of the Elizabeth Line enhances future capital growth and ensures long-term investment potential.
Don’t miss the chance to own a slice of Reading’s thriving property market. Contact us today to arrange a viewing of this exceptional apartment.
Area view: Living in Reading
Located in the heart of Reading, Garrard House offers more than just convenient living; it’s a gateway to everything the town has to offer. With Reading Train Station just across the road, residents enjoy effortless access to major transport hubs, including direct trains to London via the Elizabeth Line and connections to Heathrow Airport. Commuters will appreciate the convenience, while the Elizabeth Line’s future enhancements only make this location more desirable.
Exploring Reading
Living in Reading means you’ll never run out of things to do. Shopping enthusiasts will love the nearby Oracle Shopping Centre, home to a variety of high-street and designer brands. Foodies will be spoiled for choice with independent eateries like The Real Greek, or try the London Street Brasserie for something extra special. In the evenings, enjoy live music at Sub89 or a theatre performance at the Hexagon Theatre.
Outdoor Living and Walks
Reading’s charm extends beyond its urban offerings. Take a relaxing stroll along the River Thames or enjoy the tranquility of Forbury Gardens, a beautiful green space perfect for picnics or quiet afternoons. For those who enjoy weekend walks, nearby Caversham offers scenic riverside paths and a charming village vibe.
Social Life and Community
The area’s lively social scene makes it easy to feel at home. Whether it’s enjoying a night out at Purple Turtle or attending one of Reading’s many festivals, like the world-famous Reading Festival, there’s always something happening. For fitness enthusiasts, there are several gyms nearby, and Reading Climbing Centre offers a fun and active way to meet people.
Why Choose Garrard House?
Garrard House combines the buzz of urban living with a quiet, relaxing home environment. Whether you’re a professional looking for a quick commute, a first-time buyer seeking convenience, or someone who wants to enjoy Reading’s social and cultural offerings, this location delivers.
Discover your new lifestyle in Reading – book a viewing today!
116 Year Lease
£2,606pa Service Charge (including Buildings Insurance)
£250pa Ground Rent
£1,250pcm Rental
6.2% Net Yield
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More information
Tenure
Leasehold (115 years)
Service charge
£2,606 per year
Council tax band
B
Ground rent
£250
Ground rent date of next review