2 Bed Flat, Single Let, Reading, RG1 6FF £325,000

2121 Berkeley Avenue, Reading, RG1 6FF - 2 views - 10 months ago
Leasehold
BTL
~65 m²
Property image

ValuationOvervalued

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

 

 

Square Metres

~65.39 m²
Price/m²£5K/m²

Value Estimate

£249,172

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£23,700

Total Cash In

£104,950

 

 

Cash Out

 

Rent Range

£1,050 - £2,100

Rent Estimate

£1,200

Running Costs/mo

£1,276

Cashflow/mo

£-76

Cashflow/yr

£-907

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
 
£368K03/250.03 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
£210K07/250.14 mi75, Admirals Court, Reading RG1 6SS2
£170K01/230.16 miFlat 48, Lynden Mews, Dale Road, Reading RG2 0AT2
£220K06/210.2 mi47, Tippett Rise, Reading RG2 0DJ2
£195K03/230.23 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
£265K09/210.3 mi34, Swan Place, Reading RG1 6QD2
£240K07/210.3 mi11, Deansgate Road, Reading RG1 2RZ2
£101.4K02/230.3 mi23, Talbot Court, Reading RG1 6QH2
£253K06/250.31 mi3, Riverside House, Fobney Street, Reading RG1 6BH2
£253K06/250.31 mi3, Riverside House, Fobney Street, Reading RG1 6BH2
£225K07/250.31 miFlat 3, 23, Coley Hill, Reading RG1 6AE2
£188K07/230.32 miFlat 6, Nelson Mews, St Giles Close, Reading RG1 2SF2
£230K02/250.33 miHieatt Close, 20, Mount Pleasant, Reading RG1 2QH2
£261.5K02/230.35 mi1, Westerham Walk, Reading RG2 0BA2
£300K02/250.36 mi55 Stirling House, Flat 6, Silver Street, Reading RG1 2SU2
£230K09/210.38 miFlat 2, Sovereign Court, Mount Pleasant Grove, Reading RG1 2TS2
£117.5K03/250.39 mi19, 115 Blenheim Court, London Street, Reading RG1 4PH2
£226.3K03/250.45 mi15, Berkeley Court, Coley Avenue, Reading RG1 6LH2
£317.5K03/250.52 miFlat 29, Upcross House, Upcross Gardens, Reading RG1 6PN2
£295K04/230.55 miFlat 30, Kings Oak Court, Queens Road, Reading RG1 4PX2
£270K07/210.55 miFlat 18, Kings Oak Court, Queens Road, Reading RG1 4PX2
£247.8K11/210.56 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
£405K03/250.64 mi10, 47 Queen's Wharf, Queens Road, Reading RG1 4QE2
£180K06/230.66 miFlat 19, Icon House, Merchants Place, Reading RG1 1EQ2
£255K07/250.67 mi1, Grantley Heights, Kennet Side, Reading RG1 3EG2
£215K04/230.69 mi23, Stratheden Place, Reading RG1 7BH2
£330K06/210.7 miFlat 22, Q2, Watlington Street, Reading RG1 4AY2
£265K05/250.7 mi10, Brownlow Lodge, Brownlow Road, Reading RG1 6NR2
£265K05/250.7 mi10, Brownlow Lodge, Brownlow Road, Reading RG1 6NR2
£168K06/210.7 miFlat 1, Radnor House, Rembrandt Way, Reading RG1 6QP2
£215K10/210.7 mi29, Bedford Road, Reading RG1 7EU2
£290K12/220.73 miFlat 36, Milward Court, Warwick Road, Reading RG2 7BG2
£245K01/250.74 miWrenbury Court, Eldon Road, Reading RG1 4DL2
£130K02/250.74 miMilward Court, Flat 37, Warwick Road, Reading RG2 7BG2
£237K04/250.77 mi31, Petworth Court, Reading RG1 6PH2
£237K04/250.77 mi31, Petworth Court, Reading RG1 6PH2
£250.1K12/240.77 miMorton Court, 5, Christchurch Road, Reading RG2 7BB2
£256.5K12/240.79 miMorton Court, 20, Christchurch Road, Reading RG2 7BB2
£240K09/210.8 mi10, Southern Hill, Reading RG1 5ES2
£210K03/250.8 mi179a, Great Knollys Street, Reading RG1 7HP2
£358K03/250.83 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
 
£2,10006/250 miRiverside View, Reading, RG12
£1,95010/250 miRiverside View, 5-9 Berkeley Avenue, Reading, Berkshire, RG12
£2,05006/250 mi-2
£2,00007/240 miRiverside View, 5-9 Berkeley Avenue2
£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
£2,00007/240.01 miRiverside View, 5-9 Berkeley Avenue, Reading, RG12
£1,85006/250.01 miRiverside View, 5-9 Berkeley Avenue, Reading, RG12
£1,92510/250.01 miRiverside View, Berkeley Avenue, Reading, RG12
£1,65010/250.01 miRiverside View, 5-9 Berkeley Avenue, Reading, RG12
£1,70007/240.01 miRiverside View, Berkeley Avenue, Reading, RG12
£1,80006/250.01 miRiverside View, 5- 9 Berkeley Avenue, Reading, Berkshire, RG12
£1,85006/250.01 miRiverside View, 5-9 Berkeley Avenue, Reading, Berkshire, RG12
£1,79510/250.01 miRiverside View, 5-9 Berkeley Avenue, Reading, RG12
£2,05007/250.02 miRiverside View, Berkeley Avenue, Reading, RG12
£1,95008/250.03 miBerkeley Avenue, Reading, Berkshire, RG12
£1,88002/250.03 mi-2
£1,88008/250.04 miRiverside View, Reading, Berkshire2
£1,55007/250.04 miCapital Point, Temple Place, Reading, Berkshire2
£1,40010/250.04 mi-2
£1,45010/250.04 miTemple Place, Reading, RG12
£1,40011/250.04 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
£1,35007/250.05 miCapital Point, Temple Place, Reading, Berkshire, RG12
£1,35010/250.05 miTemple Place, Reading, RG12
£1,35011/250.05 mi-2
£1,40010/250.05 miCapital Point, Temple Place, Reading, Berkshire, RG12
£1,39507/250.05 miCapital Point2
£1,30007/240.05 mi-2
£1,55008/250.05 miElgar Road, Reading2
£1,35008/250.06 miCapital Point, Temple Place, RG12
£1,60007/240.07 miRiverside View, Berkeley Avenue, Reading, RG12
£1,25007/240.09 miKatesgrove Lane, Reading2
£1,99507/240.1 miRiverside View, Berkeley Avenue, Reading, RG12
£1,50010/230.1 miPell Street, Reading, Berkshire, RG12
£1,50011/250.1 miCapital Point, Temple Place, Reading2
£1,30008/240.1 miSt Pauls Court, Reading, RG12
£1,40002/240.1 mi-2
£1,30010/250.1 miAdmirals Court, Rose Kiln Lane, Reading, RG12
£1,25011/250.1 miPell Street, Reading, RG12
£1,37503/250.1 mi-2
£1,05007/250.1 miBrook Street West, Reading, RG12
£1,55007/250.1 miHunters Wharf, Katesgrove Lane, Reading, RG12
£1,40008/240.11 miHunters Wharf, Katesgrove Lane, Reading, Berkshire, RG12
£1,50011/250.11 miHunters Wharf, Katesgrove Lane, Reading, Berkshire, RG12
£1,29507/250.11 miPell Street, Reading, Berkshire, RG12
£1,40008/240.11 miKatesgrove Lane, Reading, Berkshire, RG12
£1,40008/240.11 miFrancis Street2

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 £325,000

May 23, 2025

Listed for £350,000

January 29, 2025

Floor Plans

Property image

Description

  • Beautiful Ground Floor Apartment +
  • High End Finishes Throughout +
  • Large Balcony +
  • Riverside Communal Grounds +
  • Allocated Parking And further Visitors Spaces +
  • Residents Lift +
  • Close To Shops +
  • Easy Access To Transport Links +

Within walking distance Reading town centre and the mainline railway station, this modern ground floor apartment was built by Weston Homes and has been finished to a very high standard throughout.

Ideal for a first time buyer, the accommodation briefly comprises a two double bedrooms, both with en-suites and a large, open plan living/dining/kitchen with a range of built-in appliances and access to a larger than average balcony.

Externally, the building is set behind private electronic gates where there is beautiful communal grounds overlooking the river and access to visitors parking, as well as allocated under croft parking.

Perfect for anyone looking to commute into London via Reading’s unrivalled transport links, further benefits include a residents lift and a secure video entry system.

Agent Details

Prospect Estate Agency, Reading

0118 230 3819

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪