1-bed apartment for sale

Reading, Katesgrove, Coley

1 bedroom1 bathroom

214.982 €

Listed Oct 14, 2026

About this listing

An excellent opportunity for first-time buyers and investors alike, this contemporary fourth-floor, one-bedroom apartment is now offered at a significantly reduced guide price of £180,000, with an attractive potential gross rental yield of approximately 8.6%. Situated within a well-maintained building with lift access, the apartment benefits from secure allocated parking and a communal residents' terrace, providing a pleasant outdoor space. The well-presented accommodation comprises a spacious double bedroom with ample storage, a modern bathroom and a bright open-plan living/dining area, complemented by a fitted kitchen with integrated appliances. The lease will be extended to approximately 189 years upon completion, offering long-term reassurance for prospective purchasers. Ideally positioned within easy walking distance of Reading town centre and the mainline railway station, the property enjoys excellent transport connections, including direct services to London, together with convenient access to shops, restaurants and leisure facilities. Combining modern, low-maintenance living with strong investment potential, this apartment represents an excellent opportunity for first-time buyers, professionals and buy-to-let investors. With a newly reduced guide price of £180,000, an attractive potential rental yield and no onward chain, early viewing is highly recommended. Contact Winkworth Reading today to arrange your appointment. Location: Mayer House located in Chatham Place within the fringes of Reading Town Centre. Reading is one of the south east's largest towns only 25 minutes from London by train, with trains running every five minutes or so. Home to many of the city's commuters there are excellent road or rail links to Swindon, Oxford, Basingstoke, Heathrow and farther afield. Beyond the hive of commercial activity, Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away.

What's included

Balcony

Terrace

Parking

Location

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Listed on

Rightmove

214.982 €