For sale Flat

FLAT C

26 CROSS STREET, READING, READING RG1 1SN

2 beds 1 baths Listed 3 Aug 2026 (-22d)

£200,000

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Property details

Tenure

LEASEHOLD

Council tax band

B

Last sold

£202,500 May 2015

Local average

£233,373 (-14.3%)

Deprivation

Decile 5 (16,119 of 33,755)

Street crime

881 incidents within 1 mile (Jun 2026)

Key features

  • Two Double Bedrooms
  • Lounge/Diner
  • Three Piece Bathroom
  • Town Centre Location
  • No Onward Chain

Description

Lansley - Offered to the market with no onward chain complications is this well presented apartment located in the heart of Reading town centre. Internal accommodation comprises two double bedrooms, lounge/diner, separate kitchen and three piece family bathroom.

Listed by

Reading

A H Lansley

Reference: 91557327

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location is outside the imported HM Land Registry INSPIRE registered freehold polygons.

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floorplan

Floorplan

Price history

103% since 2000

Event Date Price % change
Listed for sale — £200,000 -1.2%
Sold 29/05/2015 (11 years ago) £202,500 +35.9%
Sold 02/12/2011 (14 years ago) £149,000 +4.9%
Sold 03/09/2008 (17 years ago) £142,000 +42%
Sold 18/02/2000 (26 years ago) £99,995 —

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

Sold Comparables

Sold comparables data is not available for this property.

Capital growth trend

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

5y growth -10%
10y growth -6%

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

1y (index) -5%
5y (index) 4.2%
10y (index) 2.9%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: CHESTERHILL INVESTMENTS LIMITED (1039944)

Rental Range

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

Low £1,416/mo
Realistic £1,573/mo
Optimistic £1,730/mo

Based on Local Authority from postcode lookup → Reading.

Location

Map view View on Google Maps View on OpenStreetMap Street View RG1 1SN

Nearby

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

Type Name Distance
Shop Stitch In Time 0.0 miles
Shop Skinspace 0.0 miles
Bus stop Friar Street 0.1 miles
Train station Reading 0.2 miles
University University of Reading, London Road Campus 0.6 miles
Train station Reading West 0.8 miles
Hospital Sue Ryder Duchess of Kent Hospice 1.4 miles
University University of Reading - Whiteknights Campus 1.6 miles
Hospital Prospect Park Hospital 1.9 miles

Street-level crime

Category Count
Violence and sexual offences 263
Shoplifting 187
Anti-social behaviour 99
Public order 68
Other theft 61
Criminal damage and arson 55
Vehicle crime 36
Bicycle theft 23
Drugs 21
Burglary 19
Robbery 17
Theft from the person 13
Other crime 10
Possession of weapons 9
Total incidents 881

Within 1 mile during Jun 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
The Deenway Montessori School Other 0.4 miles Good — 2 Jul 2024
Civitas Academy Primary 0.4 miles Good — 11 Oct 2018
Kendrick School Secondary 0.5 miles Outstanding — 12 Jan 2023
Katesgrove Primary School Primary 0.5 miles Good — 10 Jan 2018
Coley Primary School Primary 0.5 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, Icon House, RG1 £1,550/mo 2 0.12 miles OpenRent
2 Bed Flat, West St, RG1 £1,400/mo 2 0.17 miles OpenRent
2 Bed Flat, St. Marys Butts, RG1 £2,550/mo 2 0.19 miles OpenRent
2 Bed Flat, Oyster Wharf, RG1 £1,790/mo 2 0.25 miles OpenRent
2 Bed Flat, Reading, RG1 £1,575/mo 2 0.25 miles OpenRent
2 Bed Flat, Castle Street, RG1 £1,600/mo 2 0.27 miles OpenRent
2 Bed Penthouse, Kings Road, RG1 £1,795/mo 2 0.27 miles OpenRent
2 Bed Flat, East View Place, RG1 £1,600/mo 2 0.3 miles OpenRent
2 Bed Flat, Lion Court, RG1 £1,575/mo 2 0.34 miles OpenRent
2 Bed Flat, London St, RG1 £1,550/mo 2 0.35 miles OpenRent
2 Bed Flat, London St, RG1 £1,600/mo 2 0.35 miles OpenRent
2 Bed Terraced House, Henry St, RG1 £1,375/mo 2 0.39 miles OpenRent
2 Bed Flat, Stratheden Place, RG1 £1,350/mo 2 0.4 miles OpenRent

Average rent: £1,639/mo (13 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.79%
Max investor price (0.8%) £196,875
Target investor price (1%) £157,500
Gross yield 9.5%
Cost-to-rent ratio 10.6×
Monthly cashflow £605/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 12.5%
  • 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).