Skip to content
1 / 10
Cheapside, Reading
For saleReduced 5 Nov 2026
£240,000

Cheapside, Reading, RG1 7AJ

2bedrooms
2bathrooms
Flattype
678sq ft
Leaseholdtenure

Listed 24 Sept 2026 · price reduced 5 Nov 2026 · Reading

How the price compares

This home£240,000£354 per sq ft
Median 2 bed in RG1£325k7 homes listed · £354 per sq ft
Difference-26%below the area median

Key features

  • Two Double Bedrooms
  • Two Bathrooms
  • Master Bedroom with En-Suite
  • Open-Plan Living and Kitchen Area
  • Second-Floor Apartment
  • Lift Access
  • Secure Entry System
  • Walking Distance to Reading Station
  • Close to The Oracle and Broad Street
  • EPC Rating B

About this home

Set within The Picture House in the heart of Reading, this two-bedroom, two-bathroom apartment offers a practical modern layout together with excellent access to the town centre, mainline station and a wide range of everyday amenities.

Located on the second floor, the apartment features an open-plan living and kitchen area, creating a sociable space for relaxing, dining and entertaining. The Master bedroom benefits from its own en-suite shower room, while the second bedroom is served by a separate bathroom. The development also benefits from lift access and a secure entry system.

The Picture House occupies a highly convenient central Reading location, within easy walking distance of Broad Street, Broad Street Mall and The Oracle, providing an extensive choice of shops, cafés, restaurants and leisure facilities. M&S Foodhall, John Lewis, Blue Collar Corner, The Hexagon and the riverside dining around The Oracle are all close by, while Forbury Gardens, the historic Abbey Ruins and riverside walks offer attractive outdoor spaces nearby.

Reading Station is within walking distance and provides fast mainline services to London Paddington, as well as direct Elizabeth line connections across central London. Direct rail services also connect Reading with Oxford, Basingstoke and other major destinations, making the location particularly convenient for commuters.

Road connections are equally practical, with straightforward access to the A33, A4 and M4. RailAir services from Reading Station also provide convenient connections to Heathrow Airport. With an EPC rating of B and an exceptionally convenient town-centre setting, the apartment combines modern living with strong transport links and excellent access to local amenities.

Property details

Property type
Flat
Size
678 sq ft / 63 sq m
Council tax band
D
Tenure
Leasehold
Lease remaining
101 years left
Ground rent
£200 per year (Ask agent about the review period)
Service charge
£3,200 per year
Garden
Yes

Floorplan

Floorplan 1

Location

Skip map

1 on this map

  • Reading Station0.3 mi
  • Reading West Station0.6 mi
  • Reading Green Park Station2.2 mi

What nearby homes sold for

Median sold prices in RG1 over the last 12 months: flat £227k · terraced £322k · semi-detached £430k · detached £585k.

AddressTypeSoldPrice
Flat 6, The Picture House, Cheapside
Reading RG1 7AB
Flat
Leasehold
8 Jul 2026£200,000
Flat 2, Oxford House, Cheapside
Reading RG1 7AA
Flat
Leasehold
30 Apr 2026£215,000
Flat 23, The Picture House, Cheapside
Reading RG1 7AB
Flat
Leasehold
26 Mar 2026£257,000
Flat 20, The Picture House, Cheapside
Reading RG1 7AB
Flat
Leasehold
20 Aug 2025£170,000
Flat 5, Oxford House, Cheapside
Reading RG1 7AA
Flat
Leasehold
25 Jun 2025£154,000
Flat 5, The Picture House, Cheapside
Reading RG1 7AB
Flat
Leasehold
11 Oct 2024£260,000
Flat 22, The Picture House, Cheapside
Reading RG1 7AB
Flat
Leasehold
22 May 2024£220,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in RG1

Buying costs

Monthly repayment£1,201£24,000 deposit · £216,000 loan
Stamp Duty£2,300England 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 Perfect Pillars, Reading on Rightmove (original listing). First listed 24 Sept 2026; details checked 7 Nov 2026. Latest change: reduced on 05/11/2026.

Agent disclaimer

Disclaimer - Property reference 34956008. 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 Perfect Pillars, Reading. 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.

Similar homes nearby

See all