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1 bed flat for sale South Street, Reading, RG1

Asking price

£125,000

Reduced on 18/09/2026

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £406 per sq ft
Tenure: Ask agent

Council tax Band C £2,322 a year

Key features

Convenient for Station, The Oracle and Riverside
Converted Apartment
Open Plan Living/Dining/Kitchen
Double Bedroom
Bathroom
No Chain

About this property

Set in this popular town centre location is this top floor converted one bedroom apartment. Accommodation includes open plan living/dining/kitchen space and double bedroom with en-suite bathroom. Convenient for town centre, Oracle and Reading station.

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

70 comparables · within 2.8 miles

Cheaper than 94% of the 1-bed flats for sale nearby right now.

This home, £125,000 Median £180,000 · £154,500 – £270,500

Per square foot

£406 5% over

1-bed flats nearby £386

Against sold prices

4% over

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

Compared with 70 1-bed flats for sale within 2.8 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

South Street, Reading, RG1

Open map Street View

Mortgage and stamp duty

Property price £125,000

£62k £188k

Deposit10% £13,000

£0 £125k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £112,000 mortgage. Most lenders would want a household income of about £25,000 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
Garden Flat, 68, South Street Flat / maisonette	Flat / maisonette	Mar 2023	657 sq ft £480/sq ft	657 sq ft	£480	£315,000
Flat 2, 63, South Street Flat / maisonette	Flat / maisonette	Sept 2022	409 sq ft £367/sq ft	409 sq ft	£367	£150,000
Second Floor Flat, 62, South Street Flat / maisonette	Flat / maisonette	Aug 2022	377 sq ft £430/sq ft	377 sq ft	£430	£162,000
Second Floor Flat, 62, South Street Flat / maisonette	Flat / maisonette	Sept 2021	377 sq ft £326/sq ft	377 sq ft	£326	£123,000
Flat 2, 59, South Street Flat / maisonette	Flat / maisonette	Aug 2021	657 sq ft £408/sq ft	657 sq ft	£408	£268,000
67, South Street Terraced	Terraced	Jun 2021	1,701 sq ft £323/sq ft	1,701 sq ft	£323	£550,000
61c, South Street Flat / maisonette	Flat / maisonette	Dec 2019	581 sq ft £418/sq ft	581 sq ft	£418	£243,000
54a, South Street Flat / maisonette	Flat / maisonette	Aug 2019	441 sq ft £385/sq ft	441 sq ft	£385	£170,000