# 2 bedroom apartment for sale (RG1 5RD)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT D, OSTERIEY COURT, 36, HAMILTON ROAD, READING, READING RG1 5RD |
| Price | £134,750 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | TBC |
| Construction age | England and Wales: 1950-1966 |
| Floor area | 65 m² |
| Last sold | £135,000 Dec 2016 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 12/07/2030
- **Current heating cost:** £280/year

### Recommendations
- W2 (6,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8660-7323-4930-4637-4292)

## Description

**50% SHARE*** Offered to the market is this two bedroom ground floor apartment. Situated within easy access to Reading University, The Royal Berkshire Hospital, Reading Town Centre and the mainline train station.

The property offers light and spacious accommodation comprising: entrance hallway, living room, bathroom, two bedrooms and a kitchen. The property also benefits from a newly extended lease, residents parking, a garage and communal gardens. Viewing is recommended.

COUNCIL TAX BAND - C

GROUND RENT - £60 PER MONTH 

SERVICE CHARGE/RENT - £234.71 PER MONTH

## Property Photos

- ![Picture No. 10](/listings/photos/126537152/1644133) - Picture No. 10
- ![Picture No. 01](/listings/photos/126537152/1644134) - Picture No. 01
- ![Picture No. 02](/listings/photos/126537152/1644136) - Picture No. 02
- ![Picture No. 03](/listings/photos/126537152/1644138) - Picture No. 03
- ![Picture No. 04](/listings/photos/126537152/1644139) - Picture No. 04
- ![Picture No. 05](/listings/photos/126537152/1644140) - Picture No. 05
- ![Picture No. 06](/listings/photos/126537152/1644141) - Picture No. 06
- ![Picture No. 07](/listings/photos/126537152/1644143) - Picture No. 07
- ![Picture No. 14](/listings/photos/126537152/1644144) - Picture No. 14
- ![Picture No. 12](/listings/photos/126537152/1644145) - Picture No. 12
- ![Picture No. 13](/listings/photos/126537152/1644146) - Picture No. 13
- ![Picture No. 11](/listings/photos/126537152/1644147) - Picture No. 11

## Floorplans

- ![Floorplan](/listings/photos/126537152/1644148) - Floorplan

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #11597837
- **Address:** 48 Hamilton Road, READING, RG1 5RD
- **Certificate Issued:** 18/04/2018
- **Work Completed:** 11/04/2016
- **Items:** 7 window(s), 1 door(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| OSTERIEY COURT, 36 FLAT D HAMILTON ROAD, READING, RG1 5RD | £135,000 | 16/12/2016 | 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 |
|---------|-------|------|------|
| ADDINGTON HOUSE, 73 FLAT 7 ADDINGTON ROAD, READING, RG1 5PZ | £242,000 | 08/12/2025 | Flat |
| CRESCENT COURT FLAT 22 CRESCENT ROAD, READING, RG1 5SJ | £120,000 | 28/03/2025 | Flat |
| 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 |
| CRESCENT COURT FLAT 7 CRESCENT ROAD, READING, RG1 5SJ | £100,000 | 05/04/2023 | Flat |
| 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 |
| FARRINGDON COURT 4 ERLEIGH ROAD, READING, RG1 5NT | £255,000 | 09/12/2022 | Flat |
| FARRINGDON COURT 3 ERLEIGH ROAD, READING, RG1 5NT | £250,000 | 02/12/2022 | 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 |
| FARRINGDON COURT 20 ERLEIGH ROAD, READING, RG1 5NT | £250,000 | 23/09/2022 | Flat |
| 3 EASTERN COURT, 29 EASTERN AVENUE, READING, RG1 5RU | £315,000 | 21/09/2022 | Flat |
| ADDINGTON HOUSE, 73 FLAT 1 ADDINGTON ROAD, READING, RG1 5PZ | £199,950 | 11/08/2022 | 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 |
| FARRINGDON COURT 6 ERLEIGH ROAD, READING, RG1 5NT | £250,000 | 18/05/2022 | Flat |
| [Same street] 58 HAMILTON ROAD, READING, RG1 5RD | £430,000 | 01/02/2022 | Semi-detached |
| [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:** £206,773 (20 sales)

## Price vs local average

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

- **Local average:** £231,163 (69 Flat, RG1, 2024–2026)
- **Deviation:** -41.7%

## 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 | 0.22 miles | OpenRent |
| 2 Bed Flat, London Road Neraby To Hospital/Uni, RG1 | £1,300/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, London Road Reading, RG1 | £1,300/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, London Road Available Immediately, RG1 | £1,300/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, Hospital /Uni Area, RG1 | £1,300/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, London Road Nearby To Hospital/Uni, RG1 | £1,500/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, London Road Reading Nearby To Rbh, RG1 | £1,300/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, London Road Uni\Town Centre Location, RG1 | £1,300/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, London Road Nearby To Hospital/Uni, RG1 | £1,300/mo | 2 | 0.23 miles | OpenRent |
| 2 Bed Terraced House, Donnington Gardens, RG1 | £3,000/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Terraced House, Norwood Road, RG1 | £1,600/mo | 2 | 0.29 miles | OpenRent |

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

## 1% Rule

- **Rent ratio:** 0.96% (okay)
- **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:** 11.6%
- **Cost-to-rent:** 8.6×
- **Monthly cashflow:** £614/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 18.9%

*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).*

## Price per Square Metre

- **£/m²:** £2,073/m²

## Capital growth trend

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

- **5y growth:** -3.4%
- **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)