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Picture No. 03
For sale
£245,000

Drake Way, Reading, Berkshire, RG2 0GZ

2bedrooms
2bathrooms
Apartmenttype
667sq ft
Leaseholdtenure

Listed 3 Sept 2026 · Reading

How the price compares

This home£245,000£367 per sq ft
Median 2 bed in RG2£228k31 homes listed · £351 per sq ft
Difference+7%above the area median

Key features

  • Two bedroom ground floor apartment
  • Spacious open plan kitchen/living/dining room
  • En-suite, family bathroom and private patio
  • One allocated parking space
  • Excellent travel links
  • Easy access to Reading centre and The Oracle

About this home

A spacious two bedroom ground floor apartment offering well arranged accommodation. The property features a generous open-plan kitchen/living/dining room, creating an excellent main living space with direct access to a private patio. There are two bedrooms, with the principal bedroom benefiting from its own en-suite shower room, alongside a separate family bathroom and useful storage.

The open-plan living area is particularly well proportioned, providing plenty of space for both relaxing and dining. The main bedroom is a good-sized double with built-in storage, while the second bedroom provides useful additional accommodation. The property also benefits from one allocated parking space.

Thorney House forms part of the popular Kennet Island development, conveniently positioned for Reading town centre and Green Park. Reading Green Park railway station is approximately 1.1 miles away, while Reading station provides fast services to London Paddington as well as Elizabeth Line connections across London. The M4 at Junction 11 is also within easy reach, and the surrounding area offers supermarkets, shops, leisure facilities and other everyday amenities.

Approximate Service Charges: £227.34pcm* Lease: 971 years (lease is currently 81 years but the sellers are extending the lease as part of the sale)

*Service charges are estimated and may subject to change. Service charges will be reviewed annually, usually on 1st April each year.

**Please note that this property can also be purchased at a 75% share for £185,750 with no rent payable on the 25% you don't own - please speak to a sales advisor for more information.

Property details

Property type
Apartment
Size
667 sq ft / 62 sq m
Council tax band
TBC
Tenure
Leasehold
Lease remaining
971 years left
Service charge
£2,727.72 per year
Parking
Yes
Garden
Yes

Floorplan

Picture No. 02

Location

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  • Reading Green Park Station1.1 mi
  • Reading West Station1.8 mi
  • Reading Station2.0 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 8, 27, Drake Way
Reading RG2 0WR
Flat
Leasehold
18 Sept 2026£235,000
Flat 313, Cygnet House, Drake Way
Reading RG2 0NX
Flat
Leasehold
14 Sept 2026£250,000
Flat 205, Cygnet House, Drake Way
Reading RG2 0NX
Flat
Leasehold
14 Aug 2026£172,000
Flat 604, Skylark House, Drake Way
Reading RG2 0PA
Flat
Leasehold
31 Jul 2026£280,000
Flat 11, Lundy House, Drake Way
Reading RG2 0GQ
Flat
Leasehold
1 Jul 2026£125,000
Flat 42, Thorney House, Drake Way
Reading RG2 0GZ
Flat
Leasehold
29 Jun 2026£225,000
Flat 112, Cygnet House, Drake Way
Reading RG2 0NX
Flat
Leasehold
12 Jun 2026£262,500
Flat 113, Cygnet House, Drake Way
Reading RG2 0NX
Flat
Leasehold
30 Apr 2026£260,000
Flat 106, Nightingale House, Drake Way
Reading RG2 0PD
Flat
Leasehold
17 Apr 2026£277,400
Flat 7, 1, Drake Way
Reading RG2 0GR
Flat
Leasehold
31 Mar 2026£177,000

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£1,226£24,500 deposit · £220,500 loan
Stamp Duty£2,400England 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 SOWN, Nationwide on Rightmove (original listing). First listed 3 Sept 2026; details checked 7 Nov 2026. Latest change: added on 03/09/2026.

Agent disclaimer

Disclaimer - Property reference SDO260888. 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 SOWN, Nationwide. 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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