2 Bed Flat, Single Let, Reading, RG2 9FS, £225,000





ValuationOvervalued
Sold Prices | £97.5K - £305K |
Sold Prices/m² | £2.9K/m² - £5.1K/m² |
| |
Square Metres | ~57.10 m² |
Price/m² | £3.9K/m² |
Value Estimate | £204,998 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £56,250 |
Stamp Duty & Legal Fees | £14,450 |
Total Cash In | £70,700 |
| |
Cash Out | |
Rent Range | £1,150 - £1,550 |
Rent Estimate | £1,150 |
Running Costs/mo | £953 |
Cashflow/mo | £197 |
Cashflow/yr | £2,363 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
29 sold prices from £97.5K to £305K, average is £215K. £2.9K/m² to £5.1K/m², average is £3.6K/m².
Local Rents
21 rents from £1.1K/mo to £1.6K/mo, average is £1.4K/mo.
Local Area Statistics
Population in RG2 | 36,866 |
Population in Reading | 321,187 |
Town centre distance | 2.64 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 2.12 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +4% |
Sales demand | Balanced market |
Capital growth (5yrs) | -3% |
Property History
Price changed to £225,000
March 16, 2025
Listed for £235,000
January 24, 2025
Floor Plans

Description
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