2 Bed Flat, Single Let, Reading, RG4 6LE, £260,000





ValuationFair Value
Sold Prices | £146K - £367.5K |
Sold Prices/m² | £1.7K/m² - £5.7K/m² |
| |
Square Metres | ~62.10 m² |
Price/m² | £4.2K/m² |
Value Estimate | £256,006 |
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 - £3,000 |
Rent Estimate | £1,250 |
Running Costs/mo | £1,083 |
Cashflow/mo | £168 |
Cashflow/yr | £2,010 |
ROI | 2% |
Gross Yield | 6% |
Local Sold Prices
28 sold prices from £146K to £367.5K, average is £252.5K. £1.7K/m² to £5.7K/m², average is £4.1K/m².
Local Rents
24 rents from £1.2K/mo to £3K/mo, average is £1.5K/mo.
Local Area Statistics
Population in RG4 | 39,160 |
Population in Reading | 321,187 |
Town centre distance | 1.58 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 1.23 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +35% |
Sales demand | Seller's market |
Capital growth (5yrs) | +13% |
Property History
Price changed to £260,000
February 12, 2025
Listed for £280,000
December 26, 2024
Floor Plans

Description
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