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Plot image
For sale
£90,625Shared ownership

51 Flagstaff Road, Reading, RG2 6BW

2bedrooms
1bathroom
Apartmenttype
Leaseholdtenure

Listed 20 Oct 2026 · Reading

How the price compares

This home£90,625
Median 2 bed in RG2£228k31 homes listed · £351 per sq ft
Difference-60%below the area median

Key features

  • Plot 405 - £181,250 for a 50% share. Full market value £362,500
  • Access to the Resident's Club 51 featuring an on-site resident's gym, cinema and co-working space
  • Fully inclusive specification at no additional cost
  • Integrated energy efficient appliances included as standard
  • Double wardrobe to bedroom with mirrored sliding doors
  • New Green Park Village station and brand new primary school now open
  • 6 minute commute to Reading station
  • Pet friendly environment**

About this home

Don't miss out - modern 2 bedroom Shared Ownership apartment ready to move into now. Register your interest today!  Now 77% sold! Plot 405 - £181,250 for a 50% share. Full market value £362,500 A modern two bedroom apartment on the lakeside development of L&Q at Bankside Gardens. There is plenty of storage space throughout making this home a stylish yet practical choice. The open-plan kitchen/dining/living leads to the terrace which provides invaluable extra space, perfect for enjoying the evening. The contemporary style kitchen hosts integrated appliances which are included as standard, meaning you have everything you need to move straight in. Bedroom one boasts a mirrored fitted wardrobe and an en-suite. This home includes one allocated parking space. Convenience is at your door with a variety of on-site amenities* waiting for you. Workout in style with the resident gym and studio, or invite friends over to watch the latest movie to stream in the cinema.  Your new energy efficient home  Benefitting from low maintenance requirements and a NHBC Guarantee, buyers can save a significant amount on their energy bills through the insulation, build quality, heating systems, and appliances.  About the Development  L&Q at Bankside Gardens presents a contemporary collection of Shared Ownership apartments in the leafy Reading suburbs. This exciting collection of 1, 2 and 3 bedroom apartments are perfect for those looking to escape city life and embrace peaceful waterside living. Tucked away amongst the cluster of lakes weaving through the town, L&Q at Bankside Gardens offers the perfect work and play balance. With the brand new Reading Green Park station only a 3 minute* walk, you are able to go straight to Reading Central station, taking you out to the capital in under half an hour** Reading town centre is also just a 7 minute drive away, providing an excellent selection of bars, restaurants and leisure facilities to enjoy. Each home at this incredibly desirable lakeside location will benefit from an all-inclusive specification, including a fully fitted kitchen, bathroom and flooring throughout. With a local convenience store and access onto the A33 just a stone's throw away from your doorstep, these charming waterside apartments are the perfect place to call home. A fully inclusive specification at no additional cost  * Flooring to living/kitchen areas, hallway and storage / utility cupboard * Carpet to all bedrooms throughout * Communal heating system included * Paint to all walls and ceilings * Large aspect composite windows and doors * Washer dryer positioned in storage / utility cupboard * Double wardrobe to master bedroom with mirrored sliding doors * Contemporary tiled bathroom * Contemporary kitchen with soft close doors and drawers and matching upstand * Stainless steel splash back * LED pelmet lighting to wall units * Integrated appliances including oven, ceramic hob, fridge/freezer, dishwasher and extractor Unfamiliar with Shared Ownership?  Under the Shared Ownership scheme, you part-buy and part-rent your home, making it possible for first-time buyers and families to get on the property ladder. The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidized rent on the part you don't own. As your income rises, you can increase the share you own until you eventually own 100%. Register your interest  Register your interest now to find out more information and book a viewing! L&Q terms and conditions apply.

Property details

Property type
Apartment
Size
Ask developer
Council tax band
Ask developer
Tenure
Leasehold
Lease remaining
999 years left
Ground rent
Ask developer
Service charge
£3,349.68 per year
Parking
Allocated
Garden
Communal garden, Terrace
Heating
Double glazing, Central
Broadband
Ask developer
Electricity
Ask developer
Water
Ask developer
Accessibility
Lift access

Floorplan

Plot floorplan

Location

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1 on this map

  • Reading Green Park Station0.0 mi
  • Reading West Station2.0 mi
  • Reading Station2.5 mi

What nearby homes sold for

Median sold prices in RG2 over the last 12 months: semi-detached £420k · terraced £361k · flat £258k · detached £625k.

AddressTypeSoldPrice
Flat 105, 50, Flagstaff Road
Reading RG2 6BU
Flat
Leasehold
7 May 2026£395,000
Flat 506, 52, Flagstaff Road
Reading RG2 6BX
Flat
Leasehold
23 Jan 2026£305,000
Flat 103, 52, Flagstaff Road
Reading RG2 6BX
Flat
Leasehold
7 Jan 2026£295,000
Flat 304, 52, Flagstaff Road
Reading RG2 6BX
Flat
Leasehold
19 Dec 2025£404,550
Flat 403, 52, Flagstaff Road
Reading RG2 6BX
Flat
Leasehold
8 Dec 2025£292,800
Flat 303, 52, Flagstaff Road
Reading RG2 6BX
Flat
Leasehold
1 Dec 2025£298,950
Flat 2, 52, Flagstaff Road
Reading RG2 6BX
Flat
Leasehold
26 Nov 2025£275,000
Flat 301, 52, Flagstaff Road
Reading RG2 6BX
Flat
Leasehold
20 Nov 2025£260,000
Flat 107, 54, Flagstaff Road
Reading RG2 6BY
Flat
Leasehold
12 Nov 2025£415,000
Flat 5, 54, Flagstaff Road
Reading RG2 6BY
Flat
Leasehold
7 Nov 2025£437,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in RG2

Buying costs

Monthly repayment£453£9,063 deposit · £81,563 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by L&Q on Rightmove (original listing). First listed 20 Oct 2026; details checked 7 Nov 2026. Latest change: added on 20/10/2026.

Agent disclaimer

Disclaimer - Property reference 2_405_50. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by L&Q. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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