Sold STC Flat

Beta House

Southcote Road, Reading, RG30 2AR

1 beds 1 baths Listed 22 Jun 2022 (-1467d)

£175,000

Reduced on 26 Aug 2022

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# 1 bedroom apartment for sale (RG30 2AR)

## Property Details

| Key | Value |
|-----|-------|
| Address | Beta House, Southcote Road, Reading, RG30 2AR |
| Price | £175,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £170,000 |

## Description

**COMMUNAL ENTRANCE HALL**

With telephone entry system and personal front door to

**RECEPTION HALL**

With radiator, storage cupboard with tumble dryer, vent, shelving and meters

**LIVING/DINING ROOM**

With front aspect double glazed window, radiator. door to

**DOUBLE BEDROOM**

Twin side aspect double glazed window, radiator and built in wardrobe

**KITCHEN**

With front aspect double glazed window, kitchen well fitted comprising single drainer stainless steel sink unit with mixer tap and cupboards under, further range of both floor standing and wall mounted eye level units with laminated roll edge work surfaces and contrasting tiled surrounds. Inset four ring electric hob with extractor hood above and integrated oven below, plumbing for washing machine or dishwasher and further appliance space for fridge/freezer. With radiator, tiled floor and surrounds

**BATHROOM**

Suite comprising panelled bath, independent shower unit and glass deflector, wash hand basin, w.c. with tiled walls and floor. Front aspect obscure double glazed window, heated towel rail

**OUTSIDE**

The communal grounds are tended under the maintenance agreement.

**PARKING**

There is ample communal residents parking

**LEASE DETAILS**

Original lease - 999 years

Lease remaining - 937 years

Maintenance charge - £61 per month

Ground rent - n/a

**APPROXIMATE RENTAL VALUE**

£850pcm

**COUNCIL TAX**

Band B

**FREE MORTGAGE ADVICE**

We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access a variety of mortgage rates from leading Banks and Building Societies. For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on

## Property Photos

- ![ (Main)](/listings/photos/124183883/741659) -  (Main)
- ![Other](/listings/photos/124183883/741660) - Other
- ![Other](/listings/photos/124183883/741661) - Other
- ![Other](/listings/photos/124183883/741662) - Other
- ![Other](/listings/photos/124183883/741663) - Other
- ![Other](/listings/photos/124183883/741664) - Other
- ![Other](/listings/photos/124183883/741665) - Other
- ![Other](/listings/photos/124183883/741666) - Other
- ![Other](/listings/photos/124183883/741667) - Other
- ![Other](/listings/photos/124183883/741668) - Other

## Floorplans

- ![Other](/listings/photos/124183883/741669) - Other

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| JOSEPHINE COURT 4 SOUTHCOTE ROAD, READING, RG30 2DG | £180,000 | 15/12/2025 | Flat |
| JOSEPHINE COURT 18 SOUTHCOTE ROAD, READING, RG30 2DG | £140,000 | 28/08/2025 | Flat |
| PETWORTH COURT 1 BATH ROAD, READING, RG1 6PH | £185,000 | 12/03/2025 | Flat |
| 70 BRUNSWICK STREET, READING, RG1 6NZ | £275,000 | 26/10/2023 | Flat |
| JOSEPHINE COURT 92 SOUTHCOTE ROAD, READING, RG30 2DQ | £220,000 | 20/10/2023 | Flat |
| MARIA COURT 23 SOUTHCOTE ROAD, READING, RG30 2AS | £212,000 | 13/10/2023 | Flat |
| HAMPTON TOWERS 4 SOUTHCOTE ROAD, READING, RG30 2EW | £225,920 | 28/09/2023 | Flat |
| LESLEY COURT 29 SOUTHCOTE ROAD, READING, RG30 2AT | £200,000 | 08/09/2023 | Flat |
| 17 FLAT 3 SOUTHCOTE ROAD, READING, RG30 2AQ | £237,000 | 07/06/2023 | Flat |
| WISDOM COURT FIRST FLOOR FLAT 4 SOUTHCOTE ROAD, READING, RG3 2AG | £243,750 | 12/05/2023 | Flat |
| JOSEPHINE COURT 4 SOUTHCOTE ROAD, READING, RG30 2DG | £170,000 | 10/05/2023 | Flat |
| PETWORTH COURT 37 BATH ROAD, READING, RG1 6PH | £192,000 | 03/05/2023 | Flat |
| KINGSWOOD COURT 18 SOUTHCOTE ROAD, READING, RG30 2AU | £230,000 | 10/03/2023 | Flat |
| TRAFALGAR COURT 54 SOUTHCOTE ROAD, READING, RG30 2EN | £169,000 | 20/01/2023 | Flat |
| BETA HOUSE 2 SOUTHCOTE ROAD, READING, RG30 2AR | £170,000 | 21/12/2022 | Flat |
| MARIA COURT 1 SOUTHCOTE ROAD, READING, RG30 2AS | £247,500 | 16/12/2022 | Flat |
| TRAFALGAR COURT 16 SOUTHCOTE ROAD, READING, RG30 2EN | £160,000 | 09/12/2022 | Flat |
| 29 FLAT 5 HADEN SQUARE, READING, RG1 6FE | £237,000 | 09/12/2022 | Flat |
| TRAFALGAR COURT 55 SOUTHCOTE ROAD, READING, RG30 2EN | £145,500 | 14/11/2022 | Flat |
| JOSEPHINE COURT 75 SOUTHCOTE ROAD, READING, RG30 2DQ | £220,000 | 26/10/2022 | Flat |

**Area average:** £202,984 (20 sales)

## Price vs local average

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

- **Local average:** £228,411 (48 Flat, RG30, 2024–2026)
- **Deviation:** -23.4%

## 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 |
|------|------|------|------|------|
| 1 Bed Flat, Southcote Road, RG30 | £1,150/mo | 1 | 0.07 miles | OpenRent |

**Average rent: £1,150/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.66% (weak for cashflow)
- **Max investor price (0.8%):** £143,750
- **Target investor price (1%):** £115,000

*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 £1,150/mo).*

- **Gross yield:** 7.9%
- **Cost-to-rent:** 12.7×
- **Monthly cashflow:** £321/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:** 3.5%
- **10y growth:** -13.9%

## House Price Index (HM Land Registry)

*Official index for Reading; Flats and maisonettes series; as of March 2026.*

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

## 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)

(Main) Other Other Other Other Other Other Other Other Other

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Property details

Last sold

£170,000

Local average

£228,411 (-23.4%)

Deprivation

Decile 5 (16,044 of 33,755)

Street crime

630 incidents within 1 mile (Apr 2026)

Key features

Spacious ground floor apartment
Residents parking
Good decorative order
Peaceful location
Within one mile of Reading town centre
Ideal first time or investment purchase

Additional details

Parking: Yes
Garden: Yes

Description

A spacious ground floor apartment peacefully situated approx. one mile west of Reading town centre & only a 5 minute walk to Reading West station. Includes gas central heating, a long lease and residents parking. Presented in good order forming an ideal first time or investment purchase. No onward chain.
COMMUNAL ENTRANCE HALL
With telephone entry system and personal front door to
RECEPTION HALL
With radiator, storage cupboard with tumble dryer, vent, shelving and meters
LIVING/DINING ROOM
With front aspect double glazed window, radiator. door to
DOUBLE BEDROOM
Twin side aspect double glazed window, radiator and built in wardrobe
KITCHEN
With front aspect double glazed window, kitchen well fitted comprising single drainer stainless steel sink unit with mixer tap and cupboards under, further range of both floor standing and wall mounted eye level units with laminated roll edge work surfaces and contrasting tiled surrounds. Inset four ring electric hob with extractor hood above and integrated oven below, plumbing for washing machine or dishwasher and further appliance space for fridge/freezer. With radiator, tiled floor and surrounds

BATHROOM
Suite comprising panelled bath, independent shower unit and glass deflector, wash hand basin, w.c. with tiled walls and floor. Front aspect obscure double glazed window, heated towel rail
OUTSIDE
The communal grounds are tended under the maintenance agreement.
PARKING
There is ample communal residents parking
LEASE DETAILS
Original lease - 999 years
Lease remaining - 937 years
Maintenance charge - £61 per month
Ground rent - n/a
APPROXIMATE RENTAL VALUE
£850pcm
COUNCIL TAX
Band B
FREE MORTGAGE ADVICE
We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access a variety of mortgage rates from leading Banks and Building Societies. For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on

Listed by

Caversham

Farmer & Dyer

Reference: 124183883

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Other

Price history

No sales history found for this property in Land Registry Price Paid data.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
JOSEPHINE COURT 4 SOUTHCOTE ROAD, READING, RG30 2DG	£180,000	15/12/2025	Flat
JOSEPHINE COURT 18 SOUTHCOTE ROAD, READING, RG30 2DG	£140,000	28/08/2025	Flat
PETWORTH COURT 1 BATH ROAD, READING, RG1 6PH	£185,000	12/03/2025	Flat
70 BRUNSWICK STREET, READING, RG1 6NZ	£275,000	26/10/2023	Flat
JOSEPHINE COURT 92 SOUTHCOTE ROAD, READING, RG30 2DQ	£220,000	20/10/2023	Flat
MARIA COURT 23 SOUTHCOTE ROAD, READING, RG30 2AS	£212,000	13/10/2023	Flat
HAMPTON TOWERS 4 SOUTHCOTE ROAD, READING, RG30 2EW	£225,920	28/09/2023	Flat
LESLEY COURT 29 SOUTHCOTE ROAD, READING, RG30 2AT	£200,000	08/09/2023	Flat
17 FLAT 3 SOUTHCOTE ROAD, READING, RG30 2AQ	£237,000	07/06/2023	Flat
WISDOM COURT FIRST FLOOR FLAT 4 SOUTHCOTE ROAD, READING, RG3 2AG	£243,750	12/05/2023	Flat
JOSEPHINE COURT 4 SOUTHCOTE ROAD, READING, RG30 2DG	£170,000	10/05/2023	Flat
PETWORTH COURT 37 BATH ROAD, READING, RG1 6PH	£192,000	03/05/2023	Flat
KINGSWOOD COURT 18 SOUTHCOTE ROAD, READING, RG30 2AU	£230,000	10/03/2023	Flat
TRAFALGAR COURT 54 SOUTHCOTE ROAD, READING, RG30 2EN	£169,000	20/01/2023	Flat
BETA HOUSE 2 SOUTHCOTE ROAD, READING, RG30 2AR	£170,000	21/12/2022	Flat
MARIA COURT 1 SOUTHCOTE ROAD, READING, RG30 2AS	£247,500	16/12/2022	Flat
TRAFALGAR COURT 16 SOUTHCOTE ROAD, READING, RG30 2EN	£160,000	09/12/2022	Flat
29 FLAT 5 HADEN SQUARE, READING, RG1 6FE	£237,000	09/12/2022	Flat
TRAFALGAR COURT 55 SOUTHCOTE ROAD, READING, RG30 2EN	£145,500	14/11/2022	Flat
JOSEPHINE COURT 75 SOUTHCOTE ROAD, READING, RG30 2DQ	£220,000	26/10/2022	Flat

Area average: £202,984 (20 sales)

Capital growth trend

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

5y growth 3.5%

10y growth -13.9%

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 £1,419/mo

Realistic £1,577/mo

Optimistic £1,735/mo

Based on Local Authority from postcode lookup → Reading.

Location

Map view View on Google Maps View on OpenStreetMap Street View RG30 2AR

Address

38 Josephine Court

Nearby

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

Type	Name	Distance
Bus stop	Berkeley Avenue	0.1 miles
Bus stop	Southcote Road	0.1 miles
Shop	Amors Solutions Auto	0.1 miles
Shop	AK Superstores	0.2 miles
Train station	Reading West	0.3 miles
Hospital	Sue Ryder Duchess of Kent Hospice	0.4 miles
Hospital	Prospect Park Hospital	0.9 miles
Train station	Reading	1.1 miles
University	University of Reading, London Road Campus	1.4 miles
University	Dreadnought, University of Reading	2.2 miles

Street-level crime

Category	Count
Violence and sexual offences	202
Shoplifting	101
Anti-social behaviour	76
Other theft	58
Public order	55
Criminal damage and arson	33
Other crime	19
Vehicle crime	19
Drugs	18
Robbery	13
Theft from the person	12
Bicycle theft	9
Burglary	9
Possession of weapons	6
Total incidents	630

Within 1 mile during Apr 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
St Edward's Prep	Other	0.1 miles	— (No rating)
All Saints Church of England Aided Infant School	Primary	0.2 miles	Good — 12 Jul 2012
All Saints Junior School	Primary	0.2 miles	— (Inspected (no overall grade))
Cranbury College	Other	0.3 miles	Good — 5 Mar 2018
Battle Primary Academy	Primary	0.3 miles	— (Inspected (no overall grade))

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, Southcote Road, RG30	£1,150/mo	1	0.07 miles	OpenRent

Average rent: £1,150/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.66%

Max investor price (0.8%) £143,750

Target investor price (1%) £115,000

Gross yield 7.9%

Cost-to-rent ratio 12.7×

Monthly cashflow £321/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 7.6%

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).