Auction

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Auction

1/7

1 bed flat for sale Shinfield Road, Reading, RG2

Guide Price

£115,000

Added on 02/10/2026

For sale by auction

Type: Flat
Bedrooms: 1
Size: £237 per sq ft
Tenure: Ask agent; 104 years left(from the agent's description)

Service charge £1,200 a yearGround rent £100 a year

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

Key features

Modern method of auction
Current rental yield of over 7%
Investment opportunity
No onward chain
Located close to reading university
Large kitchen diner
One bedroom apartment
On street parking

About this property

Auctioneers Comments:

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,665
Band B

£1,943
Band C

£2,220
Band D

£2,498
Band E

£3,053
Band F

£3,608
Band G

£4,163
Band H

£4,995

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Wokingham, 2026/27 bills run from £1,665 a year in band A to £4,995 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Wokingham, 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.

Price guide

This home

£237 / sq ft

Area average (sold)

£441 / sq ft

Price per area, sold homes nearby

£340 / sq ft

£237 / sq ft

£561 / sq ft

Lowest

This home

Highest

£237 per sq ft, below almost all recent sales in RG2 (£340–£561, 10th–90th percentile, 1,141 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,141 homes sold in RG2 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in RG2 →

Location

Shinfield Road, Reading, RG2

Open map Street View

Mortgage and stamp duty

Property price £115,000

£57k £173k

Deposit10% £12,000

£0 £115k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £103,000 mortgage. Most lenders would want a household income of about £23,000 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 1, 231a, Shinfield Road Flat / maisonette	Flat / maisonette	May 2015	n/a	n/a	n/a	£113,000
Flat 1, 231a, Shinfield Road Flat / maisonette	Flat / maisonette	Jan 2012	n/a	n/a	n/a	£82,000
225, Shinfield Road Terraced	Terraced	Sept 2005	n/a	n/a	n/a	£275,000
231a, Shinfield Road Semi-detached	Semi-detached	Aug 2004	312 sq ft £1,265/sq ft	312 sq ft	£1,265	£395,000
223, Shinfield Road Semi-detached	Semi-detached	May 2004	n/a	n/a	n/a	£362,000
231a, Shinfield Road Semi-detached	Semi-detached	Nov 2002	312 sq ft £857/sq ft	312 sq ft	£857	£267,500
231a, Shinfield Road Semi-detached	Semi-detached	Jun 1998	312 sq ft £224/sq ft	312 sq ft	£224	£70,000
231, Shinfield Road Terraced	Terraced	Jan 1998	872 sq ft £95/sq ft	872 sq ft	£95	£82,500