# 2 bedroom maisonette for sale (RG1 5RD)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT E, OSTERLEY COURT, 36, HAMILTON ROAD, READING, READING RG1 5RD |
| Price | £180,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £200,000 Nov 2020 |

## Description

SOLD BY ONLINE AUCTION - A long leasehold ground floor 2 bedroom maisonette providing good access to Reading University and Royal Berkshire Hospital. Ideal for owner occupation or letting investment.

## Property Photos

- ![Front](/listings/photos/84575476/1644038) - Front
- ![Living Room](/listings/photos/84575476/1644039) - Living Room
- ![Kitchen](/listings/photos/84575476/1644040) - Kitchen
- ![Bedroom 1](/listings/photos/84575476/1644041) - Bedroom 1
- ![Bedroom 2](/listings/photos/84575476/1644043) - Bedroom 2
- ![Bathroom](/listings/photos/84575476/1644044) - Bathroom
- ![Gardens](/listings/photos/84575476/1644045) - Gardens
- ![Garage](/listings/photos/84575476/1644046) - Garage

## Floorplans

- ![Floorplan](/listings/photos/84575476/1644047) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/84575476/1644049) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| OSTERLEY COURT, 36 FLAT E HAMILTON ROAD, READING, RG1 5RD | £200,000 | 18/11/2020 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| OAKLANDS 32 BULMERSHE ROAD, READING, RG1 5RW | £310,000 | 29/11/2024 | Flat |
| 12 GRANBY COURT, READING, RG1 5NX | £125,000 | 24/11/2023 | Flat |
| [Same street] 62 HAMILTON ROAD, READING, RG1 5RD | £455,000 | 12/05/2023 | Semi-detached |
| CHARFIELD COURT 9 HAMILTON ROAD, READING, RG1 5RF | £128,000 | 27/03/2023 | Flat |
| CHARFIELD COURT 1 HAMILTON ROAD, READING, RG1 5RF | £132,000 | 23/03/2023 | Flat |
| 20 GRANBY COURT, READING, RG1 5NX | £158,000 | 20/12/2022 | Flat |
| OAKLANDS 31 BULMERSHE ROAD, READING, RG1 5RW | £275,000 | 11/10/2022 | Flat |
| 24 GRANBY COURT, READING, RG1 5NX | £111,500 | 07/10/2022 | Flat |
| 3 EASTERN COURT, 29 EASTERN AVENUE, READING, RG1 5RU | £315,000 | 21/09/2022 | Flat |
| 71A FLAT 5 HAMILTON ROAD, READING, RG1 5RA | £101,000 | 05/08/2022 | Flat |
| AVIATOR PLACE, 112 FLAT 12 CRESCENT ROAD, READING, RG1 5AZ | £390,000 | 02/08/2022 | Flat |
| OAKLANDS 44 HAMILTON ROAD, READING, RG1 5RN | £265,000 | 24/06/2022 | Flat |
| 19 GRANBY COURT, READING, RG1 5NX | £158,000 | 07/06/2022 | Flat |
| HAMILTON COURT THE MAISONETTE HAMILTON ROAD, READING, RG1 5RR | £205,000 | 16/05/2022 | Flat |
| TREYARNON COURT 1 EASTERN AVENUE, READING, RG1 5RX | £250,000 | 07/04/2022 | Flat |
| OAKLANDS 27 BULMERSHE ROAD, READING, RG1 5RW | £285,000 | 21/03/2022 | Flat |
| 32 FLAT 3 EASTERN AVENUE, READING, RG1 5RY | £140,000 | 11/03/2022 | Flat |
| OAKLANDS 19 BULMERSHE ROAD, READING, RG1 5RW | £208,500 | 11/03/2022 | Flat |
| OAKLANDS 19 BULMERSHE ROAD, READING, RG1 5RW | £208,500 | 11/03/2022 | Flat |
| 76 FLAT 1 BULMERSHE ROAD, READING, RG1 5RJ | £190,000 | 17/02/2022 | Flat |
| [Same street] 58 HAMILTON ROAD, READING, RG1 5RD | £430,000 | 01/02/2022 | Semi-detached |
| 23 FLAT B EASTERN AVENUE, READING, RG1 5RU | £257,500 | 31/01/2022 | Flat |
| [Same street] 86 HAMILTON ROAD, READING, RG1 5RD | £745,000 | 19/01/2022 | Semi-detached |
| [Same street] 24 HAMILTON ROAD, READING, RG1 5RD | £580,000 | 15/12/2021 | Terraced |

**Street average:** £552,500 (4 sales)
**Area average:** £210,650 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £231,163 (69 Flat, RG1, 2024–2026)
- **Deviation:** -22.1%

## Rental Range

*ONS Price Index of Private Rents (Reading). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,416/mo
- **Realistic:** £1,573/mo
- **Optimistic:** £1,730/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, London Road Available Immediately, RG1 | £1,300/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, London Road Neraby To Hospital/Uni, RG1 | £1,300/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, London Road Reading, RG1 | £1,300/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, London Road Available Immediately, RG1 | £1,300/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, Hospital /Uni Area, RG1 | £1,300/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, London Road Nearby To Hospital/Uni, RG1 | £1,500/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, London Road Reading Nearby To Rbh, RG1 | £1,300/mo | 2 | 0.18 miles | OpenRent |
| 2 Bed Flat, London Road Uni\Town Centre Location, RG1 | £1,300/mo | 2 | 0.18 miles | OpenRent |
| 2 Bed Flat, London Road Nearby To Hospital/Uni, RG1 | £1,300/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Terraced House, Norwood Road, RG1 | £1,600/mo | 2 | 0.25 miles | OpenRent |
| 2 Bed Terraced House, Donnington Gardens, RG1 | £3,000/mo | 2 | 0.29 miles | OpenRent |

**Average rent: £1,500/mo (11 listings)**

## 1% Rule

- **Rent ratio:** 0.72% (weak for cashflow)
- **Max investor price (0.8%):** £162,500
- **Target investor price (1%):** £130,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,300/mo).*

- **Gross yield:** 8.7%
- **Cost-to-rent:** 11.5×
- **Monthly cashflow:** £436/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -4.7%
- **10y growth:** -4.6%

## House Price Index (HM Land Registry)

*Official index for Reading; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -7.1%
- **5y growth (index):** 1%
- **10y growth (index):** 1.6%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)