2 Bed Flat, Single Let, Reading, RG2 7DZ, £240,000
Mansell Court, READING, RG2 7DZ - 2 views - 2 months ago
Leasehold
BTL
ROI: 3%
~68 m²





+12 photos
ValuationUndervalued
Sold Prices | £97.5K - £305K |
Sold Prices/m² | £1.9K/m² - £5.1K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £3.5K/m² |
Value Estimate | £246,609 |
BMV | 3% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £60,000 |
Stamp Duty & Legal Fees | £8,400 |
Total Cash In | £68,400 |
| |
Cash Out | |
Rent Range | £1,150 - £1,650 |
Rent Estimate | £1,198 |
Running Costs/mo | £1,010 |
Cashflow/mo | £188 |
Cashflow/yr | £2,261 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
30 sold prices from £97.5K to £305K, average is £213.8K. £1.9K/m² to £5.1K/m², average is £3.6K/m².
Local Rents
38 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 | 1.83 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 1.42 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +4% |
Sales demand | Balanced market |
Capital growth (5yrs) | -3% |
Property History
Listed for £240,000
February 14, 2025
Floor Plans

Description
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