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2 bed flat for sale Cheapside, Reading, RG1

Asking price

£200,000

Reduced two days ago

Type: Flat
Bedrooms: 2
Bathrooms: 2
Tenure: Leasehold

Council tax Band B £2,032 a year

Key features

Two Bedrooms
Two Bathroom
Town Centre Location
No Onward Chain
Well Presented Throughout
Ideal Investment Or First Time Buy

About this property

The property offers light and spacious accommodation comprising: entrance hallway, two bedrooms, two bathrooms, living room and a kitchen. Viewing is recommended. At the time of Instruction, we have been advised by the vendors of the following information: Council Tax Band B (Reading Borough Council) Ground Rent £200 PA Service Charge £3,206 PA Lease - 100 Years remaining The above information may be subject to change during the transaction period.

Floorplan

Council tax

Band B £2,032 a year

Per year

Band A

£1,742
Band B

This home: £2,032
Band C

£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 B, which costs £2,032 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.

Location

Cheapside, Reading, RG1

Open map Street View

Mortgage and stamp duty

Property price £200,000

£100k £300k

Deposit10% £20,000

£0 £200k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £180,000 mortgage. Most lenders would want a household income of about £40,000 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
Flat 6, The Picture House, Cheapside Flat / maisonette	Flat / maisonette	Jul 2026	667 sq ft £300/sq ft	667 sq ft	£300	£200,000
Flat 23, The Picture House, Cheapside Flat / maisonette	Flat / maisonette	Mar 2026	807 sq ft £318/sq ft	807 sq ft	£318	£257,000
Flat 20, The Picture House, Cheapside Flat / maisonette	Flat / maisonette	Aug 2025	495 sq ft £343/sq ft	495 sq ft	£343	£170,000
Flat 5, The Picture House, Cheapside Flat / maisonette	Flat / maisonette	Oct 2024	700 sq ft £372/sq ft	700 sq ft	£372	£260,000
Flat 22, The Picture House, Cheapside Flat / maisonette	Flat / maisonette	May 2024	657 sq ft £335/sq ft	657 sq ft	£335	£220,000
Flat 8, The Picture House, Cheapside Flat / maisonette	Flat / maisonette	Feb 2022	775 sq ft £345/sq ft	775 sq ft	£345	£267,000
Flat 17, The Picture House, Cheapside Flat / maisonette	Flat / maisonette	Nov 2020	452 sq ft £498/sq ft	452 sq ft	£498	£225,000
Flat 24, The Picture House, Cheapside Flat / maisonette	Flat / maisonette	Mar 2020	807 sq ft £471/sq ft	807 sq ft	£471	£380,000