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Offers over
£215,000

1 bedroom apartment for sale

Alfred Street, Reading RG1
Chain-free
Added yesterday
Apartment
1 bed
1 bath
452
EPC rating: B
Added yesterday

Key information

TenureLeasehold
Council taxBand C
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • One Bedroom apartment 17th floor position – one of the highest residential apartments in RG1
  • High specification fixtures & fittings throughout
  • Mortgage-friendly 237-year lease
  • Re-decorated throughout prior to marketing
  • Option to purchase fully furnished
  • No onward chain – vacant
  • Walking distance to Reading Station (Elizabeth Line)
  • Strong rental potential circa £1300pcm
  • Current Service Charge £2,600 pa inc hot water Ground Rent £350 pa
  • Council Tax Band C EPC Rating Band C - underfloor heating throughout

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.


EPC Rating: C
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Area statistics

Crime score
High crime
10/10
Home prices (average)
1 bedroom apartments
£192,613

About this agent

Black & White Property Services - Caversham
Black & White Property Services - Caversham
Chiltern Chambers, St Peters Avenue Caversham, Reading RG4 7DH
0118 443 1247
Full profileProperty listings
Specialising in Lettings, Property Management and Property Investment, we care about People, Property & Excellent Service, we offer something different to both Landlords and Tenants. We are a modern concept built on traditional values. If you think we are the type of agent that you would like to work with, and you want to know more about what we can do for you, please get in touch. Your money is in safe hands, as we are a member of ARLA Propertymark meaning our landlords' and tenants' money is protected through Client Money Protection (CMP) Scheme Reference Number C0126213. We are also members of the Property Redress Scheme Membership No: PRS003677
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