# 2 bedroom maisonette for sale (RG30 1AB)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 3, 234 OXFORD ROAD, READING, READING, READING RG30 1AB |
| Price | £220,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | A |
| Last sold | £177,000 Apr 2008 |

## 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.

## Property Photos

- ![Photo](/listings/photos/88640424/1120914)
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## Floorplans

- ![Floorplan 1](/listings/photos/88640424/1120927) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/88640424/1120928) - EPC 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 234 FLAT 3 OXFORD ROAD, READING, RG30 1AB | £177,000 | 04/04/2008 | 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 |
|---------|-------|------|------|
| 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)

## Price vs local average

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

- **Local average:** £228,411 (48 Flat, RG30, 2024–2026)
- **Deviation:** -3.7%

## Rental Range

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

- **Low:** £1,419/mo
- **Realistic:** £1,577/mo
- **Optimistic:** £1,735/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, 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)**

## 1% Rule

- **Rent ratio:** 0.65% (weak for cashflow)
- **Max investor price (0.8%):** £179,750
- **Target investor price (1%):** £143,800

*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 £1,438/mo).*

- **Gross yield:** 7.8%
- **Cost-to-rent:** 12.8×
- **Monthly cashflow:** £403/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7.6%

*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:** -4.2%
- **10y growth:** -9.1%

## 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)