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South East
£170,000
Listed on 28/08/2026
Listed on 28/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
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.
None recorded.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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