Sold STC Flat

FLAT 9

GARRARD HOUSE, 30, GARRARD STREET, READING, READING RG1 1NR

2 beds 2 baths 76 m² Listed 14 May 2022 (-1484d)

£220,000

Reduced on 1 Dec 2022

Save

Front Kitchen En-Suite Bedroom Bathroom En-Suite

/ 6

Property details

Tenure

LEASEHOLD (118 years remaining on lease)

Floor area

76 m²

Council tax band

TBC

Last sold

£215,000 Sep 2023

Local average

£231,694 (-5%)

Deprivation

Decile 5 (16,119 of 33,755)

Street crime

823 incidents within 1 mile (Mar 2026)

Key features

  • No Onward Chain
  • Modern Duplex Apartment
  • Approaching 800 Sq. Ft.
  • Stone's Throw Of The Train Station
  • En-Suite To Master & Cloakroom
  • High Specification Internally

Description

NO ONWARD CHAIN

Conveniently located within a short walk of The Oracle and a stone’s throw of Reading mainline train station with a direct line to London Paddington within 26 minutes this spacious duplex apartment has been recently renovated throughout.

With accommodation approaching 800 sq. ft. and spanning two floors this apartment is really impressive and would be ideally suited to those working within the town centre or a commuter.

The accommodation is finished to a high specification and in brief comprises an entrance hall, cloakroom, open-plan kitchen/living room with integrated appliances, two double bedrooms both housing fitted wardrobes with an en-suite to the master and a family bathroom.

Listed by

Reading

The Lomond Group

Reference: 123358067

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

Epc

Epc

Price history

-31% since 2016

Event Date Price % change
Sold 20/09/2023 (2 years ago) £215,000 -30.6%
Sold 20/06/2016 (9 years ago) £310,000

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
GARRARD HOUSE, 30 FLAT 220 GARRARD STREET, READING, RG1 1NR £200,000 04/11/2022 Flat
GARRARD HOUSE, 30 FLAT 606 GARRARD STREET, READING, RG1 1ED £330,000 23/09/2022 Flat
GARRARD HOUSE, 30 FLAT 210 GARRARD STREET, READING, RG1 1NR £208,000 20/09/2022 Flat
GARRARD HOUSE, 30 FLAT 203 GARRARD STREET, READING, RG1 1NR £185,000 06/06/2022 Flat
PROJECTION WEST FLAT 34 MERCHANTS PLACE, READING, RG1 1ET £206,000 04/03/2022 Flat
GARRARD HOUSE, 30 FLAT 6 GARRARD STREET, READING, RG1 1NR £189,000 14/01/2022 Flat

Area average: £219,667 (6 sales)

Capital growth trend

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

5y growth -3%
10y growth -0.5%

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

1y (index) -5.2%
5y (index) 2.7%
10y (index) 4.3%

Rental Range

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

Low £1,421/mo
Realistic £1,579/mo
Optimistic £1,737/mo

Based on Local Authority from postcode lookup → Reading.

Location

Address

1 Station Hill

Nearby

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

Type Name Distance
Shop Urban Piercings 0.0 miles
Shop Ruby Reds 0.0 miles
Bus stop Reading Station 0.1 miles
Train station Reading 0.1 miles
Hospital Spire Dunedin Hospital 0.7 miles
Hospital Princes House 0.8 miles
Train station Reading West 0.8 miles
University University of Reading, London Road Campus 0.8 miles
University Dreadnought, University of Reading 1.3 miles

Street-level crime

Category Count
Violence and sexual offences 274
Shoplifting 139
Anti-social behaviour 82
Public order 77
Criminal damage and arson 57
Other theft 47
Vehicle crime 34
Burglary 29
Theft from the person 19
Drugs 18
Bicycle theft 16
Robbery 15
Other crime 13
Possession of weapons 3
Total incidents 823

Within 1 mile during Mar 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
Civitas Academy Primary 0.3 miles Good — 11 Oct 2018
E P Collier Primary School Primary 0.3 miles Good — 21 Mar 2023
Thameside Primary School Primary 0.6 miles Good — 22 Mar 2016
The Deenway Montessori School Other 0.6 miles Good — 2 Jul 2024
Coley Primary School Primary 0.6 miles Good — 12 Nov 2014

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, High St, RG1 £1,695/mo 2 0.28 miles OpenRent
2 Bed Flat, St. Marys Butts, RG1 £2,750/mo 2 0.28 miles OpenRent
2 Bed Flat, Stratheden Place, RG1 £1,350/mo 2 0.3 miles OpenRent
2 Bed Flat, Simmonds St, RG1 £1,550/mo 2 0.34 miles OpenRent
2 Bed Flat, Holybrook, RG1 £1,700/mo 2 0.36 miles OpenRent
2 Bed Flat, Simmonds St, RG1 £1,600/mo 2 0.38 miles OpenRent
2 Bed Penthouse, Kings Road, RG1 £1,995/mo 2 0.42 miles OpenRent

Average rent: £1,806/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.77%
Max investor price (0.8%) £211,875
Target investor price (1%) £169,500
Gross yield 9.2%
Cost-to-rent ratio 10.8×
Monthly cashflow £634/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 11.9%
  • 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).