For sale Maisonette

FLAT 3

234 OXFORD ROAD, READING, READING, READING RG30 1AB

2 beds 2 baths Listed 18 May 2026 (-65d)

£220,000

Guide Price

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Property details

Tenure

LEASEHOLD

Council tax band

A

Last sold

£177,000 Apr 2008

Local average

£228,411 (-3.7%)

Deprivation

Decile 3 (9,315 of 33,755)

Street crime

764 incidents within 1 mile (May 2026)

Key features

  • 2 Bed, 2 Bath Split-Level Masionette
  • Gas Central Heating
  • BRAND NEW Extended Lease Upon Completion
  • Newly Tiled Bathroom
  • Open-Plan Kitchen/Living
  • Character Property
  • Private Garden with Shed
  • Nr Reading West Station & Lidl
  • Reading Town - 0.8m
  • No Onward Chain

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Heating
Double glazing, Gas central
Parking
Permit
Garden
Private garden
Flooded in last 5 years
No

Description

A Note From The Family
"Our mother chose this home because it brought her back to the place that had always felt like home to her. She grew up near Reading and spent her teenage years and early adulthood here, so returning later in life allowed her to reconnect with the town and the memories she held from those years. She appreciated the convenience of the location. Being close to the town centre meant she could easily walk in for shopping or a meal out, and the bus stop nearby made getting around simple as a non-driver. Having the supermarket just across the road was also something she found very helpful day to day. Although the property is close to Oxford Road and the town centre, she liked how the private entrance and gate created a sense of being tucked away from the busier surroundings. She often spoke about enjoying the garden, especially during the warmer months, where she would spend time outside and take pride in keeping it tidy. She also spoke fondly of the neighbours and valued the sense of independence and privacy the home gave her while still being close to everything Reading has to offer."
Alex's Best Bits
Private Garden Oasis: A real gem, perfect for relaxing or entertaining, complete with a handy shed.
Chain-Free & Sale-Ready: This means a quicker, less stressful buying process for you.
Character & Layout: A unique split-level layout with two bathrooms, including an en-suite.
Location: Super close to Reading West Station, Lidl, and Reading Town Centre.
Extended Lease: The sellers are extending the lease in conjunction with the sale.
Service Charge - £200 per annum (buildings insurance)
This lovely two-bedroom, two-bathroom split-level maisonette on Oxford Road is a real find, especially if you're looking for something with a bit of character and no onward chain. It's tucked away nicely, offering a bit of peace while still being incredibly well-connected.
Step inside and you'll find a welcoming space. The open-plan kitchen and living area is bright and airy, making it a great spot for everyday life and having friends over. The kitchen is practical and flows nicely into the living space, full of natural light. You'll appreciate the newly tiled bathroom, giving it a fresh, modern feel.
With two good-sized bedrooms and two bathrooms, including an en-suite, there's plenty of room. The gas central heating keeps things cosy all year round. One of the standout features here is definitely the private garden. It's your own little slice of green, perfect for a morning coffee or an evening barbecue, and that shed is ideal for extra storage.
Location-wise, you're in a brilliant spot. Reading West Station is nearby, making commutes a breeze, and having a Lidl so close is super handy for your weekly shop. Reading Town Centre is just 0.8 miles away, putting all the shops, restaurants, and entertainment within easy reach. This property is sale-ready with searches pre-ordered up front, which means we're all set for a smooth transaction. Whether you're a first-time buyer or an investor, this maisonette offers a fantastic opportunity.
We look forward to showing you around.
Please note - The key searches for the property (water & drainage, environmental and local authority) have already been ordered and will be made available to the buyer’s solicitor. As part of the sale-ready approach for this property, the conveyancing process will proceed using these searches to help minimise delays and keep the transaction moving smoothly.

Listed by

Reading

Martyn Russell Property Service

Reference: 88640424

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Listed for sale £220,000 +24.3%
Sold 04/04/2008 (18 years ago) £177,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
303 FLAT A OXFORD ROAD, READING, RG30 1AU £220,000 21/03/2025 Flat
303 FLAT C OXFORD ROAD, READING, RG30 1AU £210,000 11/02/2025 Flat
305 FLAT C OXFORD ROAD, READING, RG30 1AU £215,000 11/02/2025 Flat
92 GROUND FLOOR FLAT CATHERINE STREET, READING, RG30 1DG £176,000 27/01/2023 Flat
60 FLAT 2 SALISBURY ROAD, READING, RG30 1BL £205,000 24/09/2021 Flat
307 FLAT 1 OXFORD ROAD, READING, RG30 1AU £132,500 10/09/2021 Flat

Area average: £193,083 (6 sales)

Capital growth trend

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

5y growth -4.2%
10y growth -9.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Reading. Series: Flats and maisonettes. As of April 2026.

1y (index) -7.1%
5y (index) 1%
10y (index) 1.6%

Rental Range

Estimated market rent for Reading. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,419/mo
Realistic £1,577/mo
Optimistic £1,735/mo

Based on Local Authority from postcode lookup → Reading.

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Tequila 0.0 miles
Shop Connect Afrique 0.1 miles
Bus stop Beresford Road 0.1 miles
Bus stop Reading West Station 0.1 miles
Train station Reading West 0.1 miles
Hospital Sue Ryder Duchess of Kent Hospice 0.7 miles
Train station Reading 0.9 miles
Hospital Prospect Park Hospital 1.1 miles
University University of Reading, London Road Campus 1.4 miles
University University of Reading - Whiteknights Campus 2.3 miles

Street-level crime

Category Count
Violence and sexual offences 247
Shoplifting 129
Anti-social behaviour 89
Public order 67
Other theft 52
Criminal damage and arson 39
Vehicle crime 29
Drugs 27
Robbery 23
Burglary 19
Bicycle theft 17
Other crime 11
Theft from the person 10
Possession of weapons 5
Total incidents 764

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Oxford Road Community School Primary 0.2 miles Good — 10 Nov 2014
St Edward's Prep Other 0.3 miles (No rating)
Battle Primary Academy Primary 0.3 miles (Inspected (no overall grade))
All Saints Church of England Aided Infant School Primary 0.4 miles Good — 12 Jul 2012
All Saints Junior School Primary 0.4 miles (Inspected (no overall grade))

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, Beresford Road, RG30 £1,450/mo 2 0.09 miles OpenRent
2 Bed Terraced House, Albany Road, RG30 £1,425/mo 2 0.16 miles OpenRent

Average rent: £1,438/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.65%
Max investor price (0.8%) £179,750
Target investor price (1%) £143,800
Gross yield 7.8%
Cost-to-rent ratio 12.8×
Monthly cashflow £403/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 7.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).