2 Bed Flat, Planning Permission, Reading, RG30 2QY, £230,000

Branagh Court, Reading, RG30 2QY - 1 views - a month ago

Leasehold
Planning
ROI: 4%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£130K - £345K
Sold Prices/m²£2.8K/m² - £5.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£243,907
BMV6%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£12,700

Total Cash In

£70,200

 

 

Cash Out

 

Rent Range

£1,175 - £3,750

Rent Estimate

£1,250

Running Costs/mo

£989

Cashflow/mo

£261

Cashflow/yr

£3,135

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £130K to £345K, average is £215K. £2.8K/m² to £5.5K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£205K12/200.01 mi90, Branagh Court, Reading RG30 2QY2
£170K05/210.01 mi70, Branagh Court, Reading RG30 2QY2
£205K12/200.01 mi90, Branagh Court, Reading RG30 2QY2
£200K11/220.03 mi31, Branagh Court, Reading RG30 2QX2
£205K09/210.04 mi5, Branagh Court, Reading RG30 2QX2
£200K10/200.04 mi20, Branagh Court, Reading RG30 2QX2
£210K11/210.06 mi115, Branagh Court, Reading RG30 2QZ2
£180K02/210.06 mi33, Groveland Place, Reading RG30 2LG2
£205.4K03/230.07 mi123, Branagh Court, Reading RG30 2QZ2
£218K01/210.09 miFlat 9, Craig House, Craig Avenue, Reading RG30 2PF2
£210K03/210.17 mi7, Ivydene Road, Reading RG30 1HT2
£235K01/210.17 mi16, Ivydene Road, Reading RG30 1HT2
£215K03/210.29 mi42, Mowbray Drive, Tilehurst, Reading RG30 4XY2
£240K05/230.29 mi42, Mowbray Drive, Tilehurst, Reading RG30 4XY2
£230K05/230.29 mi46, Mowbray Drive, Tilehurst, Reading RG30 4XY2
£195K03/230.31 mi36, Links Drive, Tilehurst, Reading RG30 4YS2
£130K04/230.41 mi33, Fulmead Road, Reading RG30 1JX2
£230K11/220.5 miFlat 3, 1, Tay Road, Tilehurst, Reading RG30 4DR2
£225K02/230.5 mi7, Amblecote Road, Tilehurst, Reading RG30 4BS2
£185K10/200.5 mi100, Chester Street, Reading RG30 1LP2
£220K09/210.54 miFlat 10, Greengates, Lundy Lane, Reading RG30 2RX2
£210K03/210.54 miFlat 11, Greengates, Lundy Lane, Reading RG30 2RX2
£211K03/230.61 miFlat 5, Lansdowne House, Moulsford Mews, Reading RG30 1ER2
£205K11/200.61 miFlat 9, Englefield House, Moulsford Mews, Reading RG30 1ET2
£200K03/210.61 miFlat 50, Englefield House, Moulsford Mews, Reading RG30 1ET2
£216.5K11/220.61 miFlat 3, Englefield House, Moulsford Mews, Reading RG30 1ET2
£225K03/210.64 miFlat 9, Evesham House, Battle Square, Reading RG30 1DT2
£220K10/210.68 mi15, Elm Park, Reading RG30 2HT2
£205K11/210.68 mi103, Elm Park, Reading RG30 2HT2
£258.3K02/230.68 mi75, Elm Park, Reading RG30 2HT2
£200K06/230.68 mi67, Elm Park, Reading RG30 2HT2
£201K10/210.68 mi61, Elm Park, Reading RG30 2HT2
£235K02/230.68 mi47, Elm Park, Reading RG30 2HT2
£217K09/210.68 mi49, Elm Park, Reading RG30 2HT2
£218K05/230.68 mi79, Elm Park, Reading RG30 2HT2
£235K05/210.76 mi2, Shilling Close, Tilehurst, Reading RG30 4EW2
£220K10/200.76 mi50, Shilling Close, Tilehurst, Reading RG30 4EW2
£175K11/220.79 miFlat 41, West Fryerne, Parkside Road, Reading RG30 2BY2
£202.5K03/210.8 miFlat 36, West Fryerne, Parkside Road, Reading RG30 2BY2
£215K07/230.8 miFlat 23, West Fryerne, Parkside Road, Reading RG30 2BY2
£297K04/230.8 mi15, Wingrove Road, Reading RG30 2BX2
£345K05/210.81 mi2, Rydal Avenue, Tilehurst, Reading RG30 6XT2
£207K03/230.86 mi19, Bexley Court, Reading RG30 2DY2
£240K03/230.95 mi11, Ashdene Gardens, Reading RG30 2EP2
£245K04/230.95 mi77, Ashdene Gardens, Reading RG30 2EP2
£238K07/210.95 mi20, Ashdene Gardens, Reading RG30 2EP2
£228K05/210.95 mi19, Ashdene Gardens, Reading RG30 2EP2
£260K02/230.95 mi7, Ashdene Gardens, Reading RG30 2EP2
£196K02/210.95 mi19, Baron Court, Reading RG30 2BP2
£220K09/220.97 miFlat 3, Wheeler Court, Armour Hill, Tilehurst, Reading RG31 6JB2

Local Rents

50 rents from £1.2K/mo to £3.8K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,45008/240 miBranagh Ct, Reading2
£1,30010/240.01 mi-2
£1,65008/240.01 mi-2
£1,65008/240.01 miBranagh Court, Reading, RG302
£1,30007/240.04 miBranagh Court, Reading, Berkshire, RG302
£1,45007/240.06 miBranagh Court, Reading, Berkshire, RG302
£1,25010/230.08 miWinslet Place, Oxford Road, Reading, Berkshire, RG302
£1,40007/240.08 miTidmarsh Street, Reading, RG302
£1,36006/240.08 mi-2
£1,37006/240.08 mi-2
£1,20007/240.09 miCraig House, Craig Avenue, Reading, Berkshire, RG302
£1,35007/240.09 mi2 Bedroom House, Tidmarsh Street, Reading2
£2,50008/240.12 mi-2
£2,50003/250.12 mi-2
£2,50003/250.12 mi-2
£2,50003/250.12 mi-2
£2,40011/240.18 mi-2
£3,75003/250.18 mi-2
£1,17503/250.19 mi-2
£1,35011/240.19 mi-2
£1,30007/240.2 miOxford Road, Reading2
£1,40004/240.21 mi-2
£1,45001/250.23 mi-2
£1,35002/240.26 mi-2
£1,30003/250.26 mi-2
£1,40007/240.26 miOxford Road, Reading, RG302
£1,50002/240.26 mi-2
£1,40008/240.26 mi-2
£1,65007/240.28 mi-2
£1,50010/240.28 mi-2
£1,55003/250.29 mi-2
£1,25012/240.3 mi-2
£1,50008/240.3 mi-2
£1,50011/240.3 mi-2
£1,29509/240.32 mi-2
£1,45004/250.32 mi-2
£1,65001/250.32 mi-2
£1,65001/250.32 mi-2
£1,17506/240.33 mi-2
£1,40003/250.35 mi-2
£1,35007/240.36 miOxford Road, Reading2
£1,60002/250.36 mi-2
£1,45011/240.37 mi-2
£1,30007/240.37 miSherwood Street, Reading, RG302
£1,39502/240.4 mi-2
£1,35007/240.42 miLittle Johns Lane, Reading2
£1,35007/240.42 miLittle Johns Lane, Reading2
£1,37509/240.43 mi-2
£1,37502/250.43 mi-2
£1,35007/240.44 miGrayson Court, 2 Wilson Road, Reading, Berkshire, RG302

Local Area Statistics

Population in RG30

43,410

Population in Reading

321,187

Town centre distance

1.74 miles away

Nearest school

0.40 miles away

Nearest train station

0.98 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £230,000

March 8, 2025

Floor Plans

Description

  • Two Bedrooms +
  • Lounge +
  • Fitted Kitchen +
  • Ensuite Shower Room +
  • Separate Bathroom +
  • Telephone Entry System +
  • Allocated Parking Space +
  • Two Private Balconys +

Arins Tilehurst - Offered to the market is this extremely well presented two double bedroom second floor apartment. The property is situated in a block of just three apartments, while being within walking distance of a bus routes leading to Tilehurst village, Reading West and Reading town centre train stations, as well as being close to various local shops and amenities. Further accommodation includes an open plan lounge kitchenette, an ensuite shower room to the master bedroom, and a separate refitted family bathroom. Other features include double glazed windows throughout, one allocated parking space, and two private balconies. Building Safety: No Mobile Signal: 4G excellent data and voice, 5G poor Construction Type: Brick Existing planning permission: Planning in place for change to gated community. Coalfield or Mining: Not known

Agent Details

Arins Property Services, Tilehurst

0118 230 5656

Next Steps?

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

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