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£275,000
Offers in excess of

3 bed flat for sale Gweal Avenue, Reading, United Kingdom, RG2

3 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 6.2%.

Key features

  • Ideal First Time Buy or Investment Opportunity
  • Potential Rental Yield of 6.2%
  • No Onward Chain
  • 2nd Floor Apartment
  • Three Bedrooms
  • Allocated Parking
  • Long Lease 976 Years
  • Bathroom & Ensuite to Main Bedroom
  • Modern Open Plan Living/Dining Area
  • High Ceilings

Floorplan

Location

Gweal Avenue, Reading, United Kingdom, RG2, RG2 0FW

Council tax
Band D (Approx £2,613/year)

Mortgage and stamp duty

Property price £275,000
£137k £413k
Deposit10% £28,000
£0 £275k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £247,000 mortgage. Most lenders would want a household income of about £55,000 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 0FW. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Flat 1, 2, Gweal Avenue Flat / maisonetteJul 2024527 sq ft £347/sq ft£183,000
Flat 6, 2, Gweal Avenue Flat / maisonetteMay 2024775 sq ft £342/sq ft£265,000
Flat 7, 14, Gweal Avenue Flat / maisonetteJul 2018850 sq ft £341/sq ft£290,000
Flat 2, 2, Gweal Avenue Flat / maisonetteMay 2018732 sq ft £342/sq ft£249,999
Flat 3, 14, Gweal Avenue Flat / maisonetteDec 2016538 sq ft £381/sq ft£205,000
Flat 1, 12, Gweal Avenue Flat / maisonetteApr 2016840 sq ft £264/sq ft£222,000
Flat 4, 12, Gweal Avenue Flat / maisonetteFeb 2016775 sq ft £361/sq ft£279,950
10, Gweal Avenue TerracedOct 20151,270 sq ft £295/sq ft£375,000

All sales on Gweal Avenue → All sold prices in Reading →

Area insights

The neighbourhood around this property.

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