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Flat for sale London Road, Reading, RG1

Guide price
£36,000
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Added on 24/09/2026

For sale by auction
Type
Flat
Bedrooms
Studio
Tenure
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Key features

  • FOR SALE BY ONLINE AUCTION
  • 6 WEEKS’ COMPLETION
  • Close to Royal Berkshire Hospital
  • Cash buyers only
  • 106 year lease
  • Vacant leasehold

About this property

Available to cash buyers only is this vacant top floor studio apartment situated in a sought after residential area, conveniently located close to the town centre. The property benefits from excellent transport links and easy access to Reading University, Royal Berkshire Hospital, Reading town centre, Reading railway station, the M4 motorway, and the A329(M).

Floorplan

Council tax

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Per year
  • Band A
    £1,742
  • Band B
    £2,032
  • Band C
    £2,322
  • Band D
    £2,613
  • Band E
    £3,193
  • Band F
    £3,774
  • Band G
    £4,355
  • Band H
    £5,226

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Reading, 2026/27 bills run from £1,742 a year in band A to £5,226 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Reading, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

London Road, Reading, RG1

Mortgage and stamp duty

Property price £36,000
£18k £54k
Deposit11% £4,000
£0 £36k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £32,000 mortgage. Most lenders would want a household income of about £8,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Flat 11, Foley Hall, 58 - 60, London Road Flat / maisonetteOct 2021495 sq ft £293/sq ft£145,000
Flat 1, Foley Hall, 58 - 60, London Road Flat / maisonetteSept 2021527 sq ft £311/sq ft£164,000
Flat 11, 58 - 60, London Road Flat / maisonetteMar 2017495 sq ft £364/sq ft£180,000
Flat 9, 58 - 60, London Road Flat / maisonetteJan 2017n/a£200,000
Flat 2, 58 - 60, London Road Flat / maisonetteMar 2015560 sq ft £304/sq ft£170,000
Flat 12a, 58 - 60, London Road Flat / maisonetteFeb 2015n/a£43,000
Flat 12, 58 - 60, London Road Flat / maisonetteAug 2014398 sq ft £314/sq ft£125,000
Flat 1, 54, London Road Flat / maisonetteJun 2014570 sq ft £315/sq ft£179,950

All sales on London Road → All sold prices in Reading →

Area insights

The neighbourhood around this property.

Marketed by
Romans, Reading
33-34 Market Place, Reading, Berkshire
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