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£280,000
Asking price

2 bed flat for sale Skylark House, Drake Way, Reading, Berkshire, RG2

2 beds 2 baths Flat/Apartment
Leasehold

Added on 16/09/2026

About this property

Ideal first time buy or Investment opportunity. Potential rental yield of 6.6%.

Key features

  • Ideal First Time Buy or Investment Opportunity
  • Potential Rental Yield of 6.6%
  • Modern Kennet Island apartment
  • Two double bedrooms
  • Large private balcony
  • Council tax band C
  • Allocated parking
  • No Onward Chain

Floorplan

Location

Skylark House, Drake Way, Reading, Berkshire, RG2, RG2 0PA

Council tax
Band C (Approx £2,322/year)

Mortgage and stamp duty

Property price £280,000
£140k £420k
Deposit10% £28,000
£0 £280k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £252,000 mortgage. Most lenders would want a household income of about £56,000 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.

Historic sold prices nearby

HM Land Registry sales in RG2 0PA. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Flat 214, Skylark House, Drake Way Flat / maisonetteOct 2025474 sq ft £422/sq ft£200,000
Flat 203, Skylark House, Drake Way Flat / maisonetteJan 2025657 sq ft £426/sq ft£280,000
Flat 507, Skylark House, Drake Way Flat / maisonetteMar 2024441 sq ft £476/sq ft£210,000
Flat 208, Skylark House, Drake Way Flat / maisonetteFeb 2024721 sq ft £382/sq ft£275,200
Flat 112, Skylark House, Drake Way Flat / maisonetteNov 2023452 sq ft £476/sq ft£215,000
Flat 707, Skylark House, Drake Way Flat / maisonetteOct 2023463 sq ft £475/sq ft£220,000
Flat 312, Skylark House, Drake Way Flat / maisonetteSept 2023452 sq ft £480/sq ft£217,000
Flat 409, Skylark House, Drake Way Flat / maisonetteJul 2023657 sq ft £419/sq ft£275,000

All sold prices in Reading →

Area insights

The neighbourhood around this property.

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