1 Bedroom Apartment, Alfred Street, Hewitt, RG1
Alfred Street, Hewitt, RG1
Black & White
Chiltern Chambers, 37 St. Peters Avenue
Description
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
Key Features
- 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
Property Details
- Property type: Apartment
- Price Per Sq Foot: £476
- Approx Sq Feet: 452 sqft
- Plot Sq Feet: 5,974 sqft
- Property Age Bracket: 2010s
- Council Tax Band: C
- Tenure: Leasehold
- Lease Expiry: -
- Ground Rent: £350.00 per year
- Service Charge: £2,600.00 per year
Floorplans
Location
The apartment is ideally positioned in the heart of Reading, just a short walk from Reading Station, providing: Direct services to London Paddington in as little as 25 minutes Access to the Elizabeth Line, improving connectivity across London Excellent links to the M4 and wider Thames Valley Reading town centre is moments away, offering: The Oracle shopping centre, restaurants and riverside dining A wide range of cafés, gyms and amenities Strong local employment hubs including tech, finance and business sectors This combination of connectivity, convenience and lifestyle makes the property highly desirable for both owner-occupiers and tenants. Q-parks multi-storey car park with season ticket facilities on a yearly or quarterly basis, with all the benefits of the shopping & leisure facilities available in Reading town centre this really is great place to live for anyone wanting easy access to Reading's lively centre but in a quiet, secure residential setting.
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