Auction

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Auction

1/10

1 bed flat for sale London Road, Reading, RG1

Guide price

£82,000

Reduced on 04/10/2026

For sale by auction

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £160 per sq ft
Tenure: Ask agent

Council tax Band B £2,032 a year

Key features

FOR SALE BY ONLINE AUCTION
6 WEEKS’ COMPLETION
One bedroom
Close proximity to Town Centre
Communal garden
Utilities included in service charge

About this property

An attractive opportunity for investors, first time buyers and owner occupiers, this approximately 514 sq ft one bedroom apartment at Foley Hall benefits from a convenient Reading location and a 106 year lease.

The accommodation comprises an open plan kitchen/living room, bedroom and shower room, with access to a communal garden area. The well proportioned layout offers practical living space with potential appeal to both the owner occupier and rental markets.

Floorplan

Council tax

Band B £2,032 a year

Per year

Band A

£1,742
Band B

This home: £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

This home is in band B, which costs £2,032 a year in Reading for 2026/27.

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. Check a home's band on GOV.UK.

Price guide

This home

£160 / sq ft

Area average (sold)

£393 / sq ft

Price per area, sold homes nearby

£291 / sq ft

£160 / sq ft

£494 / sq ft

Lowest

This home

Highest

£160 per sq ft, below almost all recent sales in RG1 (£291–£494, 10th–90th percentile, 1,016 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,016 homes sold in RG1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in RG1 →

Location

London Road, Reading, RG1

Open map Street View

Mortgage and stamp duty

Property price £82,000

£41k £123k

Deposit10% £8,000

£0 £82k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £74,000 mortgage. Most lenders would want a household income of about £17,000 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 11, Foley Hall, 58 - 60, London Road Flat / maisonette	Flat / maisonette	Oct 2021	495 sq ft £293/sq ft	495 sq ft	£293	£145,000
Flat 1, Foley Hall, 58 - 60, London Road Flat / maisonette	Flat / maisonette	Sept 2021	527 sq ft £311/sq ft	527 sq ft	£311	£164,000
Flat 11, 58 - 60, London Road Flat / maisonette	Flat / maisonette	Mar 2017	495 sq ft £364/sq ft	495 sq ft	£364	£180,000
Flat 9, 58 - 60, London Road Flat / maisonette	Flat / maisonette	Jan 2017	n/a	n/a	n/a	£200,000
Flat 2, 58 - 60, London Road Flat / maisonette	Flat / maisonette	Mar 2015	560 sq ft £304/sq ft	560 sq ft	£304	£170,000
Flat 12a, 58 - 60, London Road Flat / maisonette	Flat / maisonette	Feb 2015	n/a	n/a	n/a	£43,000
Flat 12, 58 - 60, London Road Flat / maisonette	Flat / maisonette	Aug 2014	398 sq ft £314/sq ft	398 sq ft	£314	£125,000
Flat 1, 54, London Road Flat / maisonette	Flat / maisonette	Jun 2014	570 sq ft £315/sq ft	570 sq ft	£315	£179,950