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2 bed flat for sale Kings Road, Reading, RG1

Asking price

£240,000

Added on 25/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £326 per sq ft
Tenure: Leasehold; 100 years left(from the agent's description)

Service charge £2,268 a yearGround rent £500 a year 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
Town Centre
Allocated Parking
Two Bathrooms
Juliet Balcony

About this property

The property offers light and spacious accommodation comprising: entrance hallway, two bedrooms, two bathrooms, kitchen and a living room. The property also benefits from allocated parking and a Juliet balcony. Viewing is recommended.

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

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 1.9 miles

Cheaper than 57% of the 2-bed flats for sale nearby right now.

This home, £240,000 Median £250,000 · £180,000 – £325,500

Per square foot

£326 11% under

2-bed flats nearby £367

Against sold prices

16% under

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

Compared with 100 2-bed flats for sale within 1.9 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

Kings Road, Reading, RG1

Open map Street View

Mortgage and stamp duty

Property price £240,000

£120k £360k

Deposit10% £24,000

£0 £240k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £216,000 mortgage. Most lenders would want a household income of about £48,000 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 42, The Pinnacle, Kings Road Flat / maisonette	Flat / maisonette	Apr 2026	947 sq ft £361/sq ft	947 sq ft	£361	£342,000
Flat 35, The Pinnacle, Kings Road Flat / maisonette	Flat / maisonette	Nov 2025	667 sq ft £390/sq ft	667 sq ft	£390	£260,000
Flat 25, The Pinnacle, Kings Road Flat / maisonette	Flat / maisonette	Oct 2025	689 sq ft £406/sq ft	689 sq ft	£406	£280,000
Flat 18, The Pinnacle, Kings Road Flat / maisonette	Flat / maisonette	Apr 2023	753 sq ft £345/sq ft	753 sq ft	£345	£260,000
Flat 2, The Pinnacle, Kings Road Flat / maisonette	Flat / maisonette	Feb 2023	678 sq ft £417/sq ft	678 sq ft	£417	£283,000
Flat 15, The Pinnacle, Kings Road Flat / maisonette	Flat / maisonette	Dec 2022	657 sq ft £373/sq ft	657 sq ft	£373	£245,000
Flat 21, The Pinnacle, Kings Road Flat / maisonette	Flat / maisonette	Oct 2022	689 sq ft £363/sq ft	689 sq ft	£363	£250,000
Flat 28, The Pinnacle, Kings Road Flat / maisonette	Flat / maisonette	Dec 2021	657 sq ft £378/sq ft	657 sq ft	£378	£248,000