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Auction
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2 bed flat for sale London Road, Reading, RG1

Asking price
£195,000
Chancellors logo

Added on 12/10/2026

For sale by auction
Type
Flat
Bedrooms
2
Bathrooms
1
Tenure
Ask agent
Council tax Band C £2,322 a year

Key features

  • Easy Acess to Reading Main Line Station
  • Convient for Oracle Shopping Center
  • Two Bedrooms
  • Third Floor

About this property

Offering well-proportioned accommodation and a convenient location, this property is an excellent opportunity for first-time buyers, professionals and investors alike.

The accommodation comprises a welcoming entrance, a spacious reception/living area, a separate fitted kitchen, two well-sized bedrooms and a family bathroom.

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.

Location

London Road, Reading, RG1

Mortgage and stamp duty

Property price £195,000
£97k £293k
Deposit10% £20,000
£0 £195k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £175,000 mortgage. Most lenders would want a household income of about £39,000 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 7, 28, London Road Flat / maisonetteOct 2025527 sq ft £518/sq ft£273,000
Flat 3, 30, London Road Flat / maisonetteAug 2024646 sq ft £503/sq ft£325,000
Flat 8, 36, London Road Flat / maisonetteJun 2024678 sq ft £398/sq ft£270,000
Flat 9, 36, London Road Flat / maisonetteDec 2023883 sq ft £357/sq ft£315,000
Flat 1, 32, London Road Flat / maisonetteSept 2023570 sq ft £526/sq ft£300,000
Flat 2, 20, London Road Flat / maisonetteDec 2022969 sq ft £335/sq ft£325,000
Flat 5, 32, London Road Flat / maisonetteNov 2022614 sq ft £478/sq ft£293,000
Flat 8, 28, London Road Flat / maisonetteOct 2022624 sq ft £529/sq ft£330,000

All sales on London Road → All sold prices in Reading →

Area insights

The neighbourhood around this property.

Marketed by
Chancellors, Reading
46 Market Place, Reading, Berkshire
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