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Flat 1 Kings Oak Court, RG1 4PX - Image 1
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Flat 1 Kings Oak Court, RG1 4PX

South East

£170,000

Listed on 28/08/2026

The listing

Property details

Bedrooms
2
Type
Flat

Description

This two-bedroom ground floor flat is situated within a purpose-built block, offering a prime location close to Reading town centre and local amenities. The property is currently vacant and presents an opportunity for modernisation, allowing potential buyers to tailor the space to their preferences. With a functional layout that includes an entrance hallway, bedrooms, a reception room, kitchen, and bathroom/W.C, this flat is ideal for those looking to invest in a property that requires some updating. Given its proximity to Kings Meadow and Palmer Park, as well as excellent transport links, this flat is well-positioned for both convenience and lifestyle. Offered at auction, this property is a compelling option for investors or first-time buyers seeking a project.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

51out of 100
Grade DWeak opportunity

Confidence: LOW

This two-bedroom flat presents a reasonable entry point into the Reading property market, especially with its guide price of £170,000 being significantly lower than the local average of £283,098. While the property does require modernisation, with dated interiors noted in the living spaces and kitchen, this offers a blank canvas for a buyer to enhance its appeal. The exterior and roof appear to be in good condition, which provides a solid foundation for renovation efforts.

With the property being vacant and situated conveniently close to Reading town centre and local amenities, there is potential to create a more contemporary living space that could significantly increase its market value. The projected renovation costs range from £25,000 to £50,000, allowing for a tailored approach to the updates needed. Overall, while the property has its challenges, it stands as a worthwhile project for those looking to invest in a home with potential in a good location.

Key opportunities

  • Dated interiors provide a chance for significant cosmetic updates.
  • Good location near town centre, enhancing desirability post-renovation.
  • Vacant property status allows for immediate renovation work.

Key risks

None recorded.

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Map

Location

Flat 1 Kings Oak Court, RG1 4PX
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£642
Based on a loan of £127,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Tax

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