2 Bed Flat, Single Let, Reading, RG5 4WL, £260,000





ValuationOvervalued
Sold Prices | £185K - £457.5K |
Sold Prices/m² | £2.9K/m² - £5.3K/m² |
| |
Square Metres | ~62.20 m² |
Price/m² | £4.2K/m² |
Value Estimate | £244,088 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £65,000 |
Stamp Duty & Legal Fees | £17,200 |
Total Cash In | £82,200 |
| |
Cash Out | |
Rent Range | £1,200 - £1,550 |
Rent Estimate | £1,250 |
Running Costs/mo | £1,083 |
Cashflow/mo | £168 |
Cashflow/yr | £2,010 |
ROI | 2% |
Gross Yield | 6% |
Local Sold Prices
32 sold prices from £185K to £457.5K, average is £251K. £2.9K/m² to £5.3K/m², average is £3.9K/m².
Local Rents
17 rents from £1.2K/mo to £1.6K/mo, average is £1.4K/mo.
Local Area Statistics
Population in RG5 | 25,444 |
Population in Reading | 321,187 |
Town centre distance | 4.09 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 1.37 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -31% |
Sales demand | Seller's market |
Capital growth (5yrs) | +21% |
Property History
Price changed to £260,000
January 15, 2025
Listed for £270,000
July 4, 2024
Floor Plans

Description
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