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2 bed flat for sale Gas Works Road, Reading, RG1

Asking price

£230,000

Reduced on 09/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £339 per sq ft
Tenure: Ask agent; 133 years left(from the agent's description)

Council tax Band D £2,613 a year

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

Key features

Two Bedrooms
Gated Community
Underground Parking
Riverside Views
Close to Town
Close to station
Lease Term 155 years from 2004

About this property

*** NO CHAIN *** A beautifully presented riverside apartment, situated within walking distance of Reading town centre. The property would be great for commuters with Reading train station being only a short walk away with direct links to London Paddington and the Elizabeth Line.

Benefiting from allocated parking, two double bedrooms, a spacious open plan living/dining room, fitted kitchen and balcony overlooking the Kennet River. Offered for sale with no onward chain, an early viewing is highly recommended to avoid disappointment.

Floorplan

Council tax

Band D £2,613 a year

Per year

Band A

£1,742
Band B

£2,032
Band C

£2,322
Band D

This home: £2,613
Band E

£3,193
Band F

£3,774
Band G

£4,355
Band H

£5,226

This home is in band D, which costs £2,613 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

100 comparables · within 1.8 miles

Cheaper than 65% of the 2-bed flats for sale nearby right now.

This home, £230,000 Median £250,000 · £184,500 – £330,000

Per square foot

£339 7% under

2-bed flats nearby £366

Against sold prices

13% under

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

Compared with 100 2-bed flats for sale within 1.8 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

Gas Works Road, Reading, RG1

Open map Street View

Mortgage and stamp duty

Property price £230,000

£115k £345k

Deposit10% £23,000

£0 £230k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £207,000 mortgage. Most lenders would want a household income of about £46,000 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
3, Blakes Quay Flat / maisonette	Flat / maisonette	Mar 2025	710 sq ft £387/sq ft	710 sq ft	£387	£275,000
22, Blakes Quay Flat / maisonette	Flat / maisonette	Nov 2022	603 sq ft £556/sq ft	603 sq ft	£556	£335,000
19, Blakes Quay Flat / maisonette	Flat / maisonette	Oct 2022	721 sq ft £444/sq ft	721 sq ft	£444	£320,000
21, Blakes Quay Flat / maisonette	Flat / maisonette	Jun 2022	560 sq ft £616/sq ft	560 sq ft	£616	£345,000
10, Blakes Quay Flat / maisonette	Flat / maisonette	Apr 2022	807 sq ft £398/sq ft	807 sq ft	£398	£321,000
24, Blakes Quay Flat / maisonette	Flat / maisonette	Feb 2021	592 sq ft £481/sq ft	592 sq ft	£481	£285,000
11, Blakes Quay Flat / maisonette	Flat / maisonette	Dec 2019	667 sq ft £502/sq ft	667 sq ft	£502	£335,000
23, Blakes Quay Flat / maisonette	Flat / maisonette	Jun 2019	581 sq ft £542/sq ft	581 sq ft	£542	£315,000