LEADERS Romans Group has announced 76 newly-converted apartments at Dukesbridge House, Central Reading.
The building, situated on the banks of the River Kennett, has been converted from office space to provide six studio apartments, 69 new single bed apartments, and a two bed apartment.
The properties are now available, with the first residents moving in as early as Friday, August 5.
Richard Chambers, senior lettings manager at Romans Estate Agents in Reading said, “There is an unprecedented demand for properties here in Reading, with available properties to rent in the central Reading area at their lowest for many years.
“This has caused an increase in rents by as much as 10% in some cases and we’re pleased to bring these 76 units to market to help address the supply shortage.”
Andrew Jones, group director for corporate lettings & build to rent at Leaders Romans Group added, “With the number of individually-owned privately-let properties reducing across the country due to a mixture of political and economic factors, conversions such as this are vitally important to meet demand.
“Following Covid, towns such as Reading are increasingly popular. So too is the flexibility of renting, especially among Millennials.
“A centrally located development which offers first class amenities and attractive communal areas is part of a growing trend which has already proved very popular in Europe and the US and is now the UK’s fastest growing property class.”