RG1 by Verta Property Group in Reading

RG1, Reading – Luxury 1 & 2-Bed Apartments from £300,000

Fully Complete | Short-Term Lets Permitted | 999-Year Lease | Zero Ground Rent

Key Highlights
• Prices from £300,000 (£47,000 Below Reading's Average Market Value)
• 1 & 2-Bed Apartments Available
• High Rental Yields up to 7% (based on independent appraisal)
• 999 Year Lease
• Experienced Developer
• Parking Spaces Available to Purchase

Development Summary
• Premium Apartments with Bosch Appliances and Designer Finishes
• Door Entry System
• Cycle Storage
• Heated Communal Hallways
• 999-Year Leasehold Tenure
• Zero Ground Rent
• Service Charge Approx. £3.06 PSF PA

About the Developer

Mandale Homes is a long-standing UK developer with over 35 years’ experience, focused on high-quality residential and regeneration projects across Northern England. They adopt a fabric-first approach, often exceeding standard building regulation requirements to deliver premium finishes.

Mandale has also been recognised in industry awards - shortlisted for Best UK Development and winner of regional UK Property Awards for design and innovation.

Strong Rental Value

Independent appraisal by Brick Management & Lettings indicates impressive rental performance:

• 1-bed apartments achieving up to £1,375 pcm
• 2-bed apartments achieving up to £1,700 pcm

With parking at RG1 adding a potential premium of £75 pcm, gross yields are projected in excess of 7%. This combination of strong commuter demand, central location, and premium specification positions RG1 as one of Reading’s most attractive buy-to-let opportunities.