4 Greyfriars Rd, Reading RG1 1NG

Central Studios, Reading

Asset description

An exciting opportunity to acquire a modern, operational, Purpose-Built Student Accommodation (PBSA) asset in the heart of Reading.

100% studio accommodation benefitting from modern specification and amenity including a roof terrace

Recently completed a programme of fire safety remediation work resulting in the property now achieving an A1 rated EWS-1

...

Beds

141

Occupancy

100%

Central Studios comprises 141 studios at a range of classifications and price points as well as offering modern, high-quality amenity including roof terrace, common area, games area and study area.
Located in the heart of the city centre, the property is conveniently situated for the University of Reading’s campuses and the city centre attractions.
The University of Reading climbed an impressive 10 places in the latest university league tables, reaching 24th in the Times Good University Guide 2025.
The asset achieved full occupancy for AY23/24 and AY24/25 reflecting the undersupply of PBSA in Reading.
Strong fire safety credentials including an A1 rated EWS-1 owing to recent remediation works.
Ground floor retail unit let to Nisbets Plc at £90,000 pa.
Freehold interest available.