# 1 bedroom apartment for sale (RG1 8FY)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 4, 1 COX TERRACE, READING, READING RG1 8FY |
| Price | £265,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | C |
| Last sold | £279,950 Sep 2022 |

## Description

A spacious and well-presented one-bedroom ground floor apartment offering approximately 558sq ft of accommodation, ideally situated in a quiet residential area within easy reach of Reading station, town centre and Caversham riverside. The modern apartment features a particularly generous open-plan living/kitchen area, large double bedroom, modern bathroom, high energy efficiency, allocated parking and a 994-year lease with a peppercorn ground rent. To appreciate the space available, call to arrange a viewing.

**Communal Entrance** - A spacious and well maintained entrance hall leading to the stairs and lifts to other floors along with the front door of the property.

**Hallway** - A bright and welcoming hallway with LVT flooring and doors to the living room, bedroom and bathroom with a large built in storage cupboard.

**Living Room** - 5.78 x 4.87 (18'11" x 15'11") - Large living room with two floor to ceiling windows providing lots of natural light, built in cupboard housing the boiler and LVT flooring.

**Kitchen Area** - A well equipped and modern kitchen area with built in fridge freezer, dishwasher, washing machine, oven, gas hob and extractor with under cupboard lighting, plenty of base and eye level units and work surfaces.

**Bathroom** - 2.15 x 1.93 (7'0" x 6'3") - Modern and stylish bathroom with sink, wc and bath with shower.

**Bedroom** - 3.79 x 3.5 (12'5" x 11'5") - A very good sized double bedroom with two floor to ceiling windows providing plenty of natural light and LVT flooring.

**Communal Garden** - A well maintained and smart communal garden that includes a courtyard garden, playground and well presented grounds surrounding and between the blocks of the development.

**Parking** - The property benefits from one allocated external parking space to the front of the property.

**Services** - Water. Mains

Drainage. Mains

Electricity. Mains

Heating. Gas

Mobile phone. The vendor is not aware of any specific restricted mobile phone coverage

Broadband. Ultrafast, information obtained from Ofcom

All appliances and services are untested.

**Tenure** - Lease term: 999 years from 1st August 2021

Ground rent: £0

Service charge: £1984.38 per annum

## Property Photos

- ![1524797 (7).JPG](/listings/photos/93540963/2498028) - 1524797 (7).JPG
- ![1524797 (10).JPG](/listings/photos/93540963/2498029) - 1524797 (10).JPG
- ![Living room](/listings/photos/93540963/2498030) - Living room
- ![1524797 (9).JPG](/listings/photos/93540963/2498031) - 1524797 (9).JPG
- ![1524797 (11).JPG](/listings/photos/93540963/2498032) - 1524797 (11).JPG
- ![Kitchen area](/listings/photos/93540963/2498034) - Kitchen area
- ![1524797 (8).JPG](/listings/photos/93540963/2498035) - 1524797 (8).JPG
- ![1524797 (12).JPG](/listings/photos/93540963/2498037) - 1524797 (12).JPG
- ![Bathroom](/listings/photos/93540963/2498039) - Bathroom
- ![Bedroom](/listings/photos/93540963/2498041) - Bedroom
- ![1524797 (5).JPG](/listings/photos/93540963/2498043) - 1524797 (5).JPG
- ![Communal garden](/listings/photos/93540963/2498045) - Communal garden

## Floorplans

- ![Flat 4, 1 Cox Terrace-high.jpg](/listings/photos/93540963/2498046) - Flat 4, 1 Cox Terrace-high.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/93540963/2498048) - EE Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 1 FLAT 4 COX TERRACE, READING, RG1 8FY | £279,950 | 02/09/2022 | 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 |
|---------|-------|------|------|
| [Same street] 1 FLAT 7 COX TERRACE, READING, RG1 8FY | £352,000 | 30/09/2022 | Flat |
| [Same street] 1 FLAT 9 COX TERRACE, READING, RG1 8FY | £352,000 | 31/08/2022 | Flat |
| [Same street] 1 FLAT 5 COX TERRACE, READING, RG1 8FY | £362,500 | 31/08/2022 | Flat |
| [Same street] 1 FLAT 16 COX TERRACE, READING, RG1 8FY | £357,000 | 10/08/2022 | Flat |
| 8 PRINTERS ROAD, READING, RG1 8GF | £505,000 | 22/07/2022 | Flat |
| [Same street] 1 FLAT 17 COX TERRACE, READING, RG1 8FY | £347,500 | 13/07/2022 | Flat |
| [Same street] 1 FLAT 25 COX TERRACE, READING, RG1 8FY | £355,000 | 30/06/2022 | Flat |
| [Same street] 1 FLAT 23 COX TERRACE, READING, RG1 8FY | £355,000 | 30/06/2022 | Flat |
| [Same street] 1 FLAT 21 COX TERRACE, READING, RG1 8FY | £390,000 | 30/06/2022 | Flat |
| [Same street] 1 FLAT 26 COX TERRACE, READING, RG1 8FY | £280,000 | 30/06/2022 | Flat |
| [Same street] 1 FLAT 20 COX TERRACE, READING, RG1 8FY | £290,000 | 27/06/2022 | Flat |
| [Same street] 1 FLAT 24 COX TERRACE, READING, RG1 8FY | £352,500 | 22/06/2022 | Flat |
| [Same street] 1 FLAT 14 COX TERRACE, READING, RG1 8FY | £435,600 | 17/06/2022 | Flat |
| [Same street] 1 FLAT 15 COX TERRACE, READING, RG1 8FY | £352,000 | 17/06/2022 | Flat |
| [Same street] 1 FLAT 3 COX TERRACE, READING, RG1 8FY | £405,000 | 17/06/2022 | Flat |
| [Same street] 1 FLAT 12 COX TERRACE, READING, RG1 8FY | £365,000 | 17/06/2022 | Flat |

**Street average:** £356,740 (15 sales)
**Area average:** £505,000 (1 sale)

## Price vs local average

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

- **Local average:** £233,536 (76 Flat, RG1, 2024–2026)
- **Deviation:** +13.5%

## Rental Range

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

- **Low:** £1,294/mo
- **Realistic:** £1,438/mo
- **Optimistic:** £1,582/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 |
|------|------|------|------|------|
| 1 Bed Flat, Newport Road, RG1 | £1,150/mo | 1 | 0.17 miles | OpenRent |
| 1 Bed Flat, William Street, RG1 | £1,200/mo | 1 | 0.33 miles | OpenRent |
| 1 Bed Flat, Malthouse Lane, RG1 | £1,300/mo | 1 | 0.37 miles | OpenRent |
| 1 Bed Flat, Oaklands, RG1 | £999/mo | 1 | 0.4 miles | OpenRent |
| 1 Bed Flat, The Malthouse, RG1 | £950/mo | 1 | 0.4 miles | OpenRent |
| 1 Bed Flat, Chatham Street, RG1 | £950/mo | 1 | 0.4 miles | OpenRent |
| 1 Bed Flat, The Malthouse, RG1 | £950/mo | 1 | 0.4 miles | OpenRent |
| 1 Bed Flat, Stanley Grove, RG1 | £1,150/mo | 1 | 0.47 miles | OpenRent |
| 1 Bed Flat, George Street, RG1 | £1,050/mo | 1 | 0.47 miles | OpenRent |
| 1 Bed Flat, Zinzan Street, RG1 | £975/mo | 1 | 0.53 miles | OpenRent |
| Studio Flat, Russell St, RG1 | £980/mo | 1 | 0.58 miles | OpenRent |

**Average rent: £1,059/mo (11 listings)**

## 1% Rule

- **Rent ratio:** 0.38% (weak for cashflow)
- **Max investor price (0.8%):** £124,875
- **Target investor price (1%):** £99,900

*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 £999/mo).*

- **Gross yield:** 4.5%
- **Cost-to-rent:** 22.1×
- **Monthly cashflow:** £-169/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2.6%

*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:** -5.5%
- **10y growth:** -6.6%

## House Price Index (HM Land Registry)

*Official index for South East; Flats and maisonettes series; as of July 2026.*

- **1y growth (index):** -2.7%
- **5y growth (index):** 2%
- **10y growth (index):** 8.1%

## 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)