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2 bed flat for sale Alfred Street, Reading, RG1

Asking price

£245,000

Added on 25/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £379 per sq ft
Tenure: Leasehold; 237 years left(from the agent's description)

Ground rent £350 a year

* From the agent's description. Check it with them before you rely on it.

Key features

En-suite
Central location
Balcony
Lift access
2 bedrooms
Walking distance to Reading mainline station

About this property

Offered to the market with vacant possession, this spacious second floor two-bedroom apartment is located in a modern town centre development, ideally positioned within close proximity to Reading mainline station, The Oracle Shopping Centre, and a wide selection of restaurants and cafés. The property benefits from lift access.

Floorplan

Council tax

Ask agent

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.

Price guide

100 comparables · within 1.2 miles

Cheaper than 56% of the 2-bed flats for sale nearby right now.

This home, £245,000 Median £250,000 · £184,500 – £330,000

Per square foot

£379 4% over

2-bed flats nearby £365

Against sold prices

3% under

RG1 sold median £390 / sq ft, 1,016 sales

Compared with 100 2-bed flats for sale within 1.2 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in RG1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in RG1 →

Location

Alfred Street, Reading, RG1

Open map Street View

Mortgage and stamp duty

Property price £245,000

£122k £368k

Deposit10% £25,000

£0 £245k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £220,000 mortgage. Most lenders would want a household income of about £49,000 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.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 907, Hewitt, 40, Alfred Street Flat / maisonette	Flat / maisonette	May 2026	614 sq ft £432/sq ft	614 sq ft	£432	£265,000
Flat 506, Hewitt, 40, Alfred Street Flat / maisonette	Flat / maisonette	Jan 2026	495 sq ft £384/sq ft	495 sq ft	£384	£190,000
Flat 603, Hewitt, 40, Alfred Street Flat / maisonette	Flat / maisonette	Oct 2024	786 sq ft £396/sq ft	786 sq ft	£396	£311,000
Flat 704, Hewitt, 40, Alfred Street Flat / maisonette	Flat / maisonette	Aug 2024	474 sq ft £465/sq ft	474 sq ft	£465	£220,000
Flat 405, Hewitt, 40, Alfred Street Flat / maisonette	Flat / maisonette	May 2024	452 sq ft £487/sq ft	452 sq ft	£487	£220,000
Flat 108, Hewitt, 40, Alfred Street Flat / maisonette	Flat / maisonette	Apr 2024	n/a	n/a	n/a	£270,000
Flat 801, Hewitt, 40, Alfred Street Flat / maisonette	Flat / maisonette	Nov 2023	635 sq ft £516/sq ft	635 sq ft	£516	£328,000
Flat 806, Hewitt, 40, Alfred Street Flat / maisonette	Flat / maisonette	Oct 2023	495 sq ft £505/sq ft	495 sq ft	£505	£250,000