Strong lettings activity across first quarter
The Reading rental market in Q1 has been steady, seeing an average monthly rent of around £1,400. Demand for rental properties remains strong, with my team conducting nearly 1,700 viewings across the quarter.
With 1,422 rental properties coming to market in March alone – an increase of 3.7% on the same time last year – demand continues to exceed available supply, particularly for one & two-bed apartments. As we head into Q2, we anticipate demand will increase, driven by overseas students starting the new academic term. As we also prepare for the introduction of the Renters’ Rights Act on 1 May, we will keep landlords and tenants informed of the changes.
If you would like to discuss your property’s current rental value or strategy for the year ahead, please don’t hesitate to get in touch.
Read our Residential Sales report here, or scroll down to continue to read our Lettings report.
 |
Oliver Chambers Head of Lettings Sales |
Rental Demand
applicants registered
enquiries
viewings
rental increase on renewal
lets agreed
(Haslams internal data Q1 2026)
Rental Supply
properties to rent
vs last year
(Rightmove data for Reading area Mar 2026)
Gross Yields
2-bed apartment in Lower Earley
4-bed house in Caversham
3-bed house in West Reading
Haslams Tenants
Average salary
(Haslams internal data Jan-Mar 26)
| Age Breakdown | |
|---|---|
| Under 21 | 0% |
| 21-30 | 42% |
| 31-40 | 41% |
| 41-50 | 10% |
| 51-60 | 6% |
| 61+ | 1% |
(Goodlord data Q1 2026)
Haslams Portfolio
(Haslams internal data Q1 2026)
| Void rate | 0.01% |
| Rent arrears | 1.1% |
| Tenancy renewal rate | 63.6% |
Investment opportunities
Bulmershe Road, RG1
£525,000
Period property split into two apartments in a desirable University location.
George Street, RG1
£475,000
Property comprising 1 x 2-bed and 3 x 1-bed flats with potential 9.3% gross yield in central Reading.
View property >
This does not constitute financial advice and Haslams may be acting for the owners of properties mentioned.
Download Haslams Q1 2026 Lettings Report as a PDF
