Sold STC Flat

GARDEN FLAT

68 SOUTH STREET, READING, READING RG1 4RA

2 beds 1 baths 657 sq ft Listed 30 Sep 2022 (-1352d)

£300,000

Offers in Excess of

Reduced on 2 Nov 2022

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# 2 bedroom apartment for sale (RG1 4RA)

## Property Details

| Key | Value |
|-----|-------|
| Address | GARDEN FLAT, 68 SOUTH STREET, READING, READING RG1 4RA |
| Price | £300,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: before 1900 |
| Floor area | 61 m² |
| Last sold | £315,000 Mar 2023 |

## Description

Location:

South Street runs between London Street and Watlington Street and parallel to Queens' and London Road's on the southern side of the Town Centre. A short walk to the Oracle and Kennet and Avon Canal.

Reading is one of the south east's largest towns only 25 minutes from London by train, with trains running every five minutes or so, Reading is home to many of the city's commuters. Reading also has easy links by road or rail to Swindon, Oxford, Basingstoke, Heathrow and farther afield. Beyond the hive of commercial activity, Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away. Reading offers a rich mix of shops and markets. In the heart of the town, The Oracle combines chic boutiques with department stores such as Debenhams and House of Fraser and within a minute's walk there are many high-street favourites including John Lewis and Marks & Spencer. There are restaurants, cafes and brasseries to suit every taste in Reading. Plus there are numerous bars and restaurants on the Oracle Riverside.

## Property Photos

- ![Picture No. 18](/listings/photos/127598342/319552) - Picture No. 18
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- ![Picture No. 15](/listings/photos/127598342/319624) - Picture No. 15
- ![Google Maps Image](/listings/photos/127598342/319625) - Google Maps Image

## Floorplans

- ![Floorplan](/listings/photos/127598342/319627) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/127598342/319632) - EPC Rating Graph

## FENSA Certificates

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

### FENSA Certificate #5830727
- **Address:** 68 South Street, READING, RG1 4RA
- **Certificate Issued:** 14/07/2008
- **Work Completed:** 22/06/2005
- **Items:** 1 window(s), 2 door(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 68 GARDEN FLAT SOUTH STREET, READING, RG1 4RA | £315,000 | 13/03/2023 | Flat |
| 68 GARDEN FLAT SOUTH STREET, READING, RG1 4RA | £288,000 | 01/05/2018 | Flat |
| 68 GARDEN FLAT SOUTH STREET, READING, RG1 4RA | £139,000 | 22/08/2008 | Flat |
| 68 GARDEN FLAT SOUTH STREET, READING, RG1 4RA | £119,000 | 31/03/2005 | Flat |
| 68 GARDEN FLAT SOUTH STREET, READING, RG1 4RA | £57,000 | 05/12/1997 | Flat |
| 68 GARDEN FLAT SOUTH STREET, READING, RG1 4RA | £42,000 | 17/11/1995 | 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 |
|---------|-------|------|------|
| GREYS COURT FLAT 40 SIDMOUTH STREET, READING, RG1 4PP | £220,000 | 21/12/2023 | Flat |
| 11 FRONT GROUND FLOOR FLAT THE GROVE, READING, RG1 4RB | £125,000 | 13/11/2023 | Flat |
| 24 GREYS COURT, READING, RG1 4PP | £138,000 | 28/11/2022 | Flat |
| 26 GREYS COURT, READING, RG1 4PP | £233,000 | 02/11/2022 | Flat |
| [Same street] 63 FLAT 2 SOUTH STREET, READING, RG1 4RA | £150,000 | 27/09/2022 | Flat |
| [Same street] 62 SECOND FLOOR FLAT SOUTH STREET, READING, RG1 4RA | £162,000 | 30/08/2022 | Flat |
| 1 - 2 FLAT 17 WESLEY GATE, READING, RG1 4FR | £225,000 | 12/07/2022 | Flat |
| 1 - 2 FLAT 3 WESLEY GATE, READING, RG1 4FR | £220,000 | 13/04/2022 | Flat |
| 1 - 2 FLAT 14 WESLEY GATE, READING, RG1 4FR | £225,000 | 25/02/2022 | Flat |
| 1 - 2 FLAT 18 WESLEY GATE, READING, RG1 4FR | £212,500 | 03/02/2022 | Flat |
| 1 - 2 FLAT 19 WESLEY GATE, READING, RG1 4FR | £212,500 | 24/01/2022 | Flat |
| 1 - 2 FLAT 20 WESLEY GATE, READING, RG1 4FR | £223,000 | 23/12/2021 | Flat |
| 1 - 2 FLAT 15 WESLEY GATE, READING, RG1 4FR | £190,000 | 18/11/2021 | Flat |
| GREYS COURT FLAT 7 SIDMOUTH STREET, READING, RG1 4PP | £247,750 | 01/11/2021 | Flat |
| 1 - 2 FLAT 1 WESLEY GATE, READING, RG1 4FR | £220,000 | 21/10/2021 | Flat |
| 1 - 2 FLAT 12 WESLEY GATE, READING, RG1 4FR | £225,000 | 14/10/2021 | Flat |
| 3 GREYS COURT, READING, RG1 4PP | £238,000 | 13/10/2021 | Flat |
| 1 - 2 FLAT 16 WESLEY GATE, READING, RG1 4FR | £200,000 | 24/09/2021 | Flat |
| [Same street] 62 SECOND FLOOR FLAT SOUTH STREET, READING, RG1 4RA | £123,000 | 02/09/2021 | Flat |
| [Same street] 59 FLAT 2 SOUTH STREET, READING, RG1 4RA | £268,000 | 27/08/2021 | Flat |
| 1 - 2 FLAT 2 WESLEY GATE, READING, RG1 4FR | £215,000 | 23/08/2021 | Flat |
| 1 - 2 FLAT 5 WESLEY GATE, READING, RG1 4FR | £210,000 | 19/07/2021 | Flat |
| 1 - 2 FLAT 11 WESLEY GATE, READING, RG1 4FR | £212,000 | 15/07/2021 | Flat |

**Street average:** £175,750 (4 sales)
**Area average:** £210,092 (19 sales)

## Price vs local average

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

- **Local average:** £231,694 (63 Flat, RG1, 2024–2026)
- **Deviation:** +29.5%

## Rental Range

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

- **Low:** £1,421/mo
- **Realistic:** £1,579/mo
- **Optimistic:** £1,737/mo

## 1% Rule

- **Rent ratio:** 0.53% (weak for cashflow)
- **Max investor price (0.8%):** £197,375
- **Target investor price (1%):** £157,900

*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 Area rent estimate.*

## Price per Square Metre

- **£/m²:** £4,918/m²

## Capital growth trend

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

- **5y growth:** -8%
- **10y growth:** -3%

## 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)

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Property details

Tenure

SHARE_OF_FREEHOLD

Floor area

61 m²

Year built

England and Wales: before 1900

Last sold

£315,000 Mar 2023

Price per m²

£4,918/m²

Local average

£231,694 (+29.5%)

Deprivation

Decile 7 (21,858 of 33,755)

Street crime

793 incidents within 1 mile (Apr 2026)

Key features

Two Bedroom Garden Flat With a Timber Cabin
Town Centre Location
Bright Living Space with Bi-Fold Doors Opening on to a Private Garden
Two Double Bedrooms
New Galley Style Wren Kitchen
Bathroom
Off-Road Parking
Solid Oak and Bamboo Flooring
No Chain

Additional details

Parking: Yes
Garden: Yes

Description

This delightful two-bedroom garden flat in this period conversion is ideally located a short walk from Reading Station and The Oracle Shopping and Entertainment complex. The property has been extended to the rear to create a bright living space with skylights and bi-fold doors opening onto the private landscaped garden. The garden boasts a timber cabin complete with log burner and power supply which is suitable for a home office, studio, gym, games room or as an entertainment space which is what it is currently being used as. Internally living accommodation includes; two double bedrooms, a contemporary galley style kitchen which was replaced by Wren Kitchens in 2022 and a bathroom. Additional features include solid oak flooring in the living area and bamboo flooring in the rest of the property and a glass wall in the second bedroom. The property further benefits from an off-road parking space to the front and would suit a first time buyer or make an excellent investment purchase and is being sold with no chain complications.

Location:
South Street runs between London Street and Watlington Street and parallel to Queens' and London Road's on the southern side of the Town Centre. A short walk to the Oracle and Kennet and Avon Canal.
Reading is one of the south east's largest towns only 25 minutes from London by train, with trains running every five minutes or so, Reading is home to many of the city's commuters. Reading also has easy links by road or rail to Swindon, Oxford, Basingstoke, Heathrow and farther afield. Beyond the hive of commercial activity, Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away. Reading offers a rich mix of shops and markets. In the heart of the town, The Oracle combines chic boutiques with department stores such as Debenhams and House of Fraser and within a minute's walk there are many high-street favourites including John Lewis and Marks & Spencer. There are restaurants, cafes and brasseries to suit every taste in Reading. Plus there are numerous bars and restaurants on the Oracle Riverside.

Listed by

Reading

Winkworth

Reference: 127598342

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #5830727

Property Details

Street: 68 South Street

Town: READING

Postcode: RG1 4RA

Installation Details

Items: 1 window and 2 doors

Certificate Issued: 14/07/2008

Work Completed: 22/06/2005

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

650% since 1995

Event	Date	Price	% change
Sold	13/03/2023 (3 years ago)	£315,000	+9.4%
Sold	01/05/2018 (8 years ago)	£288,000	+107.2%
Sold	22/08/2008 (17 years ago)	£139,000	+16.8%
Sold	31/03/2005 (21 years ago)	£119,000	+108.8%
Sold	05/12/1997 (28 years ago)	£57,000	+35.7%
Sold	17/11/1995 (30 years ago)	£42,000	—

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
GREYS COURT FLAT 40 SIDMOUTH STREET, READING, RG1 4PP	£220,000	21/12/2023	Flat
11 FRONT GROUND FLOOR FLAT THE GROVE, READING, RG1 4RB	£125,000	13/11/2023	Flat
24 GREYS COURT, READING, RG1 4PP	£138,000	28/11/2022	Flat
26 GREYS COURT, READING, RG1 4PP	£233,000	02/11/2022	Flat
Same street 63 FLAT 2 SOUTH STREET, READING, RG1 4RA	£150,000	27/09/2022	Flat
Same street 62 SECOND FLOOR FLAT SOUTH STREET, READING, RG1 4RA	£162,000	30/08/2022	Flat
1 - 2 FLAT 17 WESLEY GATE, READING, RG1 4FR	£225,000	12/07/2022	Flat
1 - 2 FLAT 3 WESLEY GATE, READING, RG1 4FR	£220,000	13/04/2022	Flat
1 - 2 FLAT 14 WESLEY GATE, READING, RG1 4FR	£225,000	25/02/2022	Flat
1 - 2 FLAT 18 WESLEY GATE, READING, RG1 4FR	£212,500	03/02/2022	Flat
1 - 2 FLAT 19 WESLEY GATE, READING, RG1 4FR	£212,500	24/01/2022	Flat
1 - 2 FLAT 20 WESLEY GATE, READING, RG1 4FR	£223,000	23/12/2021	Flat
1 - 2 FLAT 15 WESLEY GATE, READING, RG1 4FR	£190,000	18/11/2021	Flat
GREYS COURT FLAT 7 SIDMOUTH STREET, READING, RG1 4PP	£247,750	01/11/2021	Flat
1 - 2 FLAT 1 WESLEY GATE, READING, RG1 4FR	£220,000	21/10/2021	Flat
1 - 2 FLAT 12 WESLEY GATE, READING, RG1 4FR	£225,000	14/10/2021	Flat
3 GREYS COURT, READING, RG1 4PP	£238,000	13/10/2021	Flat
1 - 2 FLAT 16 WESLEY GATE, READING, RG1 4FR	£200,000	24/09/2021	Flat
Same street 62 SECOND FLOOR FLAT SOUTH STREET, READING, RG1 4RA	£123,000	02/09/2021	Flat
Same street 59 FLAT 2 SOUTH STREET, READING, RG1 4RA	£268,000	27/08/2021	Flat
1 - 2 FLAT 2 WESLEY GATE, READING, RG1 4FR	£215,000	23/08/2021	Flat
1 - 2 FLAT 5 WESLEY GATE, READING, RG1 4FR	£210,000	19/07/2021	Flat
1 - 2 FLAT 11 WESLEY GATE, READING, RG1 4FR	£212,000	15/07/2021	Flat

Street average: £175,750 (4 sales)

Area average: £210,092 (19 sales)

Capital growth trend

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

5y growth -8%

10y growth -3%

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%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: 68 SOUTH STREET READING FREEHOLD LIMITED (10322942)

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

Map view View on Google Maps View on OpenStreetMap Street View RG1 4RA

Nearby

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

Type	Name	Distance
Shop	Transform Clinic	0.1 miles
Shop	Twins News Mart	0.1 miles
Bus stop	UoR London Road	0.1 miles
Bus stop	Huntley and Palmers	0.2 miles
Hospital	Princes House	0.2 miles
University	University of Reading, London Road Campus	0.2 miles
Hospital	Royal Berkshire Hospital	0.3 miles
Train station	Reading	0.6 miles
University	Dreadnought, University of Reading	0.9 miles
Train station	Reading West	1.2 miles

Street-level crime

Category	Count
Violence and sexual offences	261
Shoplifting	178
Anti-social behaviour	69
Other theft	64
Public order	56
Criminal damage and arson	41
Drugs	25
Vehicle crime	18
Bicycle theft	17
Robbery	17
Burglary	16
Theft from the person	14
Other crime	11
Possession of weapons	6
Total incidents	793

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
The Deenway Montessori School	Other	0.0 miles	Good — 2 Jul 2024
Kendrick School	Secondary	0.1 miles	Outstanding — 12 Jan 2023
Red Balloon Learner Centre Reading	Other	0.3 miles	— (No rating)
The Abbey School Reading	Other	0.3 miles	— (No rating)
St John's Church of England Primary School	Primary	0.5 miles	Good — 9 Nov 2022

Rental Comparables

Rental comparables are temporarily unavailable while listing-site fetches are paused. Try again later.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.53%

Max investor price (0.8%) £197,375

Target investor price (1%) £157,900

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).