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1 bed flat for sale Chatham Place, Reading, RG1

Offers over
£185,000
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Added on 25/09/2026

Type
Flat
Bedrooms
1
Bathrooms
1
Tenure
Leasehold
231 years left(from the agent's description)
Service charge £2,298 a year(from the agent's description)Ground rent £350 a year(from the agent's description) Council tax Band C £2,322 a year

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

Key features

  • One Bedroom
  • Tenant In Situ
  • 6.6% Yield
  • Open Plan Kitchen/Lounge/Diner
  • Town Centre Location
  • Balcony
  • Upper Floor With Lift

About this property

The property offers light and spacious accommodation comprising: entrance hallway with utility/storage cupboard, one bedroom, one bathroom, an open-plan kitchen/lounge/diner and a balcony overlooking a quiet pedestrianised street. Viewing is recommended.

At the time of Instruction, we have been advised by the vendors of the following information:

Floorplan

Council tax

Band C £2,322 a year
Per year
  • Band A
    £1,742
  • Band B
    £2,032
  • Band C
    This home: £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 C, which costs £2,322 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

69 comparables · within 2.2 miles

Priced above 54% of the 1-bed flats for sale nearby right now.

This home, £185,000 Median £180,000 · £154,000 – £271,000

Compared with 69 1-bed flats for sale within 2.2 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Chatham Place, Reading, RG1

Mortgage and stamp duty

Property price £185,000
£92k £278k
Deposit10% £19,000
£0 £185k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £166,000 mortgage. Most lenders would want a household income of about £37,000 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.

AddressSoldSizePrice
Flat 27, Halcyon, Chatham Place Flat / maisonetteFeb 2026624 sq ft £320/sq ft£200,000
Flat 21, Halcyon, Chatham Place Flat / maisonetteJan 2026829 sq ft £357/sq ft£296,000
Flat 29, Halcyon, Chatham Place Flat / maisonetteMar 2025753 sq ft £418/sq ft£315,000
Flat 1, Halcyon, Chatham Place Flat / maisonetteNov 2024560 sq ft £384/sq ft£215,000
Flat 35, Halcyon, Chatham Place Flat / maisonetteSept 2019829 sq ft £387/sq ft£321,000
Flat 31, Halcyon, Chatham Place Flat / maisonetteJan 2019829 sq ft £380/sq ft£315,000
Flat 6, Halcyon, Chatham Place Flat / maisonetteJul 2018538 sq ft £465/sq ft£250,000
Flat 20, Halcyon, Chatham Place Flat / maisonetteOct 2017560 sq ft £464/sq ft£259,950

All sales on Chatham Place → All sold prices in Reading →

Area insights

The neighbourhood around this property.

Marketed by
Parkers, Reading
11-12 Market Place, Reading, Berkshire
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