2 Bed Flat, Single Let, Reading, RG1 6FF £375,000

Riverside View, 5-9 Berkeley Avenue, Reading, RG1 6FF - 1 views - 10 months ago
Leasehold
BTL
~72 m²
Property image

ValuationOvervalued

Sold Prices£101.4K - £405K
Sold Prices/m²£2K/m² - £5.5K/m²

 

 

Square Metres

~71.77 m²
Price/m²£5.2K/m²

Value Estimate

£271,421

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£28,700

Total Cash In

£122,450

 

 

Cash Out

 

Rent Range

£1,050 - £2,100

Rent Estimate

£1,206

Running Costs/mo

£1,433

Cashflow/mo

£-227

Cashflow/yr

£-2,725

Gross Yield

4%

Local Sold Prices

50 sold prices from £101.4K to £405K, average is £238.8K. £2K/m² to £5.5K/m², average is £3.8K/m².

Price
Date
Distance
Address
Beds
 
£368K03/250.04 mi5 9 Riverside View, Flat 67, Berkeley Avenue, Reading RG1 6FH2
£190K05/250.08 mi41, Capital Point, Temple Place, Reading RG1 6QJ2
£190K05/250.08 mi41, Capital Point, Temple Place, Reading RG1 6QJ2
£170K01/230.15 miFlat 48, Lynden Mews, Dale Road, Reading RG2 0AT2
£210K07/250.16 mi75, Admirals Court, Reading RG1 6SS2
£220K06/210.2 mi47, Tippett Rise, Reading RG2 0DJ2
£195K03/230.22 mi104, Tippett Rise, Reading RG2 0DZ2
£300K06/210.24 miFlat 10, Simmonds Malthouse, Fobney Street, Reading RG1 6BS2
£220K06/250.26 mi183a, Elgar Road, Reading RG2 0DH2
£220K06/250.26 mi183a, Elgar Road, Reading RG2 0DH2
£200K03/250.29 mi5, Fobney Street, Reading RG1 6BY2
£240K07/210.29 mi11, Deansgate Road, Reading RG1 2RZ2
£265K09/210.29 mi34, Swan Place, Reading RG1 6QD2
£253K06/250.3 mi3, Riverside House, Fobney Street, Reading RG1 6BH2
£253K06/250.3 mi3, Riverside House, Fobney Street, Reading RG1 6BH2
£101.4K02/230.3 mi23, Talbot Court, Reading RG1 6QH2
£188K07/230.31 miFlat 6, Nelson Mews, St Giles Close, Reading RG1 2SF2
£225K07/250.32 miFlat 3, 23, Coley Hill, Reading RG1 6AE2
£230K02/250.32 miHieatt Close, 20, Mount Pleasant, Reading RG1 2QH2
£261.5K02/230.34 mi1, Westerham Walk, Reading RG2 0BA2
£300K02/250.35 mi55 Stirling House, Flat 6, Silver Street, Reading RG1 2SU2
£230K09/210.37 miFlat 2, Sovereign Court, Mount Pleasant Grove, Reading RG1 2TS2
£117.5K03/250.38 mi19, 115 Blenheim Court, London Street, Reading RG1 4PH2
£226.3K03/250.45 mi15, Berkeley Court, Coley Avenue, Reading RG1 6LH2
£317.5K03/250.54 miFlat 29, Upcross House, Upcross Gardens, Reading RG1 6PN2
£295K04/230.54 miFlat 30, Kings Oak Court, Queens Road, Reading RG1 4PX2
£270K07/210.54 miFlat 18, Kings Oak Court, Queens Road, Reading RG1 4PX2
£247.8K11/210.55 miFlat 7, Greys Court, Sidmouth Street, Reading RG1 4PP2
£237.5K03/250.57 mi9, Phoenix Place, Waylen Street, Reading RG1 7UH2
£310K05/250.6 miFlat 501, 20 Honister, Alfred Street, Reading RG1 7AH2
£310K05/250.6 miFlat 501, 20 Honister, Alfred Street, Reading RG1 7AH2
£405K03/250.63 mi10, 47 Queen's Wharf, Queens Road, Reading RG1 4QE2
£255K07/250.66 mi1, Grantley Heights, Kennet Side, Reading RG1 3EG2
£180K06/230.66 miFlat 19, Icon House, Merchants Place, Reading RG1 1EQ2
£330K06/210.68 miFlat 22, Q2, Watlington Street, Reading RG1 4AY2
£215K04/230.69 mi23, Stratheden Place, Reading RG1 7BH2
£215K10/210.71 mi29, Bedford Road, Reading RG1 7EU2
£265K05/250.71 mi10, Brownlow Lodge, Brownlow Road, Reading RG1 6NR2
£265K05/250.71 mi10, Brownlow Lodge, Brownlow Road, Reading RG1 6NR2
£168K06/210.71 miFlat 1, Radnor House, Rembrandt Way, Reading RG1 6QP2
£290K12/220.72 miFlat 36, Milward Court, Warwick Road, Reading RG2 7BG2
£245K01/250.73 miWrenbury Court, Eldon Road, Reading RG1 4DL2
£130K02/250.73 miMilward Court, Flat 37, Warwick Road, Reading RG2 7BG2
£250.1K12/240.77 miMorton Court, 5, Christchurch Road, Reading RG2 7BB2
£256.5K12/240.78 miMorton Court, 20, Christchurch Road, Reading RG2 7BB2
£237K04/250.78 mi31, Petworth Court, Reading RG1 6PH2
£237K04/250.78 mi31, Petworth Court, Reading RG1 6PH2
£240K09/210.79 mi10, Southern Hill, Reading RG1 5ES2
£210K03/250.8 mi179a, Great Knollys Street, Reading RG1 7HP2
£358K03/250.82 miFlat 21, 4, Palmer Street, Reading RG1 3GY2

Local Rents

50 rents from £1.1K/mo to £2.1K/mo, average is £1.5K/mo.

Rent
Date
Distance
Address
Beds
 
£1,85006/250 miRiverside View, 5-9 Berkeley Avenue, Reading, Berkshire, RG12
£1,70007/240 miRiverside View, Berkeley Avenue, Reading, RG12
£1,92510/250 miRiverside View, Berkeley Avenue, Reading, RG12
£2,00007/240.01 miRiverside View, 5-9 Berkeley Avenue, Reading, RG12
£1,95010/250.01 miRiverside View, 5-9 Berkeley Avenue, Reading, Berkshire, RG12
£2,05006/250.01 mi-2
£2,10006/250.01 miRiverside View, Reading, RG12
£1,95010/250.01 miRiverside View, 5-9 Berkeley Avenue, Reading, Berkshire, RG12
£2,00007/240.01 miRiverside View, 5-9 Berkeley Avenue, Reading, RG12
£1,85006/250.01 miRiverside View, 5-9 Berkeley Avenue, Reading, RG12
£2,00007/240.01 miRiverside View, 5-9 Berkeley Avenue2
£1,79510/250.02 miRiverside View, 5-9 Berkeley Avenue, Reading, RG12
£1,80006/250.02 miRiverside View, 5- 9 Berkeley Avenue, Reading, Berkshire, RG12
£1,65010/250.02 miRiverside View, 5-9 Berkeley Avenue, Reading, RG12
£2,05007/250.02 miRiverside View, Berkeley Avenue, Reading, RG12
£1,88002/250.04 mi-2
£1,95008/250.04 miBerkeley Avenue, Reading, Berkshire, RG12
£1,55007/250.04 miCapital Point, Temple Place, Reading, Berkshire2
£1,55008/250.04 miElgar Road, Reading2
£1,88008/250.04 miRiverside View, Reading, Berkshire2
£1,40010/250.05 mi-2
£1,45010/250.05 miTemple Place, Reading, RG12
£1,40011/250.05 miTemple Place, Reading, RG12
£1,30007/240.05 miCapital Point, Reading2
£1,50008/240.05 miCapital Point, Reading2
£1,60006/250.05 miTemple Place, Reading, RG12
£1,39507/250.05 miCapital Point2
£1,35007/250.05 miCapital Point, Temple Place, Reading, Berkshire, RG12
£1,30007/240.05 mi-2
£1,40010/250.05 miCapital Point, Temple Place, Reading, Berkshire, RG12
£1,35010/250.05 miTemple Place, Reading, RG12
£1,35011/250.05 mi-2
£1,35008/250.06 miCapital Point, Temple Place, RG12
£1,60007/240.07 miRiverside View, Berkeley Avenue, Reading, RG12
£1,25007/240.08 miKatesgrove Lane, Reading2
£1,50010/230.08 miPell Street, Reading, Berkshire, RG12
£1,40002/240.09 mi-2
£1,25011/250.09 miPell Street, Reading, RG12
£1,99507/240.09 miRiverside View, Berkeley Avenue, Reading, RG12
£1,37503/250.09 mi-2
£1,55007/250.09 miHunters Wharf, Katesgrove Lane, Reading, RG12
£1,29507/250.09 miPell Street, Reading, Berkshire, RG12
£1,40008/240.09 miFrancis Street2
£1,50011/250.1 miCapital Point, Temple Place, Reading2
£1,40008/240.1 miHunters Wharf, Katesgrove Lane, Reading, Berkshire, RG12
£1,50011/250.1 miHunters Wharf, Katesgrove Lane, Reading, Berkshire, RG12
£1,40008/240.1 miKatesgrove Lane, Reading, Berkshire, RG12
£1,60008/240.1 miKatesgrove Lane, Reading, Berkshire, RG12
£1,05007/250.1 miBrook Street West, Reading, RG12
£1,37508/240.1 miHunters Wharf, Reading2

Local Area Statistics

Population in RG1

43,085

Population in Reading

321,187

Town centre distance

0.32 miles away

Nearest school

0.10 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Price changed to £375,000

June 12, 2025

Listed for £350,000

January 21, 2025

Floor Plans

Property image

Description

  • Two Bedrooms +
  • Two Ensuite Bathrooms +
  • Third Floor Apartment With Lift +
  • Undercroft Car Park +
  • Close To Town Centre And Train Station +
  • Balcony +
  • Excellent Condition +
  • Long Lease 995 Years +

This contemporary third-floor apartment is set in a sought-after riverside location, boasting a stylish open-plan living/dining and kitchen area, perfect for entertaining. With two double bedrooms, each featuring en-suites, this property offers spacious and comfortable living. Step out onto the balcony for morning coffee and fresh air, enjoying the peaceful surroundings. Maintained in excellent condition, the apartment also includes secure allocated parking for residents' convenience. Positioned close to the town centre and train station, this property combines luxury living with practicality. Embrace modern living in a prime riverside setting. Do not miss out on the opportunity to make this your new home. Schedule a viewing today and discover the best of contemporary living in a superb location.

Location:
Riverside View is located off the eastern end of Berkeley Avenue between Rose Kiln Lane and Pell Street on the banks of the River Kennet. A short walk from Reading town centre which is one of the south east's largest towns just over 20 minutes from London by train, with trains running every five minutes or so. Reading is home to many of the city's commuters and has excellent rail and road links to Oxford, Heathrow, Basingstoke and farther afield. Beyond the hive of commercial activity, Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away. Reading offers a rich mix of shops and markets. In the heart of the town, The Oracle combines chic boutiques with Riverside bars and dining and within a minute's walk there are many high-street favourites including John Lewis and Marks & Spencer. There are restaurants, cafes and brasseries to suit every taste in Reading.
Reading school founded in 1125 is the 16th oldest school in England, there are 6 other state secondary schools along with 37 state primary schools in the borough. In addition there are some well-recognised and top ranked independent and public schools in Reading and its surrounding catchment. Schools such as Leighton Park, Queen Annes, The Abbey, Crosfields, Bradfield College, The Oratory and Reading Blue Coat are just some of the outstanding public schools in the area. Kendrick girls' school is one of the top grammar schools in the UK. Reading University established in 1892 is a 'red brick' and ranked in the top 1% of universities in the world.

Agent Details

Winkworth, Reading

0118 230 5501

Next Steps?

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