2 Bed Flat, Single Let, Reading, RG2 9RD, £270,000
Bolton Drive, Shinfield, RG2 9RD - a month ago
Sold STC
Leasehold
BTL
ROI: 4%
~66 m²





+12 photos
ValuationOvervalued
Sold Prices | £97.5K - £305K |
Sold Prices/m² | £2.3K/m² - £5.4K/m² |
| |
Square Metres | ~65.96 m² |
Price/m² | £4.1K/m² |
Value Estimate | £236,807 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £67,500 |
Stamp Duty & Legal Fees | £18,200 |
Total Cash In | £85,700 |
| |
Cash Out | |
Rent Range | £1,380 - £1,750 |
Rent Estimate | £1,413 |
Running Costs/mo | £1,146 |
Cashflow/mo | £267 |
Cashflow/yr | £3,200 |
ROI | 4% |
Gross Yield | 6% |
Local Sold Prices
36 sold prices from £97.5K to £305K, average is £218.3K. £2.3K/m² to £5.4K/m², average is £3.6K/m².
Local Rents
11 rents from £1.4K/mo to £1.8K/mo, average is £1.5K/mo.
Local Area Statistics
Population in RG2 | 36,866 |
Population in Reading | 321,187 |
Town centre distance | 3.45 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 2.62 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +4% |
Sales demand | Balanced market |
Capital growth (5yrs) | -3% |
Property History
Listed for £270,000
March 7, 2025
Floor Plans

Description
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