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Castle Crescent, Reading

South East

£110,000

Listed on 10/07/2026

Property details

Bedrooms
N/A
Type
Apartment

Description

This first-floor studio apartment presents a valuable renovation opportunity within an attractive period building, set in a designated conservation area of Reading. With its prime location just a short walk from both the town centre and the mainline railway station, the property is ideally suited for first-time buyers or investors looking to modernise and enhance value. The apartment offers a spacious open-plan layout that merges living and kitchen areas, flooded with natural light, while presenting numerous possibilities for refurbishment. A separate shower room and useful mezzanine storage add practicality, making it more than just a living space. The communal gardens provide an appealing outdoor element to the property. With the right updates, this studio can be transformed into a modern city residence or an attractive rental unit in an area known for high demand. The strategic location means easy access to local amenities including shops, cafes, and leisure facilities which further boosts its investment potential. Properties needing modernisation are increasingly sought after due to strong rental yields in this commuter-friendly area of Berkshire. Take advantage of this blank canvas and create a stylish home or investment with enduring appeal.

Investment analysis

(RG1 area)
Area Average
£402/sq ft
Avg Rent (weekly)
£329
Avg Yield
6.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (RG1)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -1.1%
5 year growth: +7.8%
Investment Disclaimer: Analysis based on RG1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Castle Crescent, Reading
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Mortgage calculator

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£416
Based on a loan of £82,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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