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For saleReduced 27 Oct 2026
£695,000

Lorne Street, Reading, RG1 7YW

4bedrooms
4bathrooms
Terracedtype
Freeholdtenure

Listed 12 days ago · price reduced 27 Oct 2026 · Reading

How the price compares

This home£695,000
Median 4 bed in RG1£550k12 homes listed · £408 per sq ft
Difference+26%above the area median

Key features

  • Four Separate Apartments
  • Close to Transport Links
  • Fully Occupied
  • No Onward Chain
  • Current Yield 7.5%
  • Recently Refurbished

About this home

Lansley - ** SEE VIDEO WALKTHROUGH ** A rare opportunity to acquire a fully occupied freehold block of four self-contained apartments CURRENTLY GENERATING AN INCOME OF £52,200 GIVING A YIELD OF 7.5%. The property underwent a complete back to brick refurbishment within the last 18 months to include a full rewire, new insulation, full re-plumb, brand new kitchens and bathrooms which should ensure a maintenance free investment for the forseeable future. Conveniently located within easy access of regular bus routes, both Reading central and Reading West train station and a range of amenities this is an excellent opportunity for investor to purchase and get an immediate return.

Property details

Property type
Terraced
Council tax band
TBC
Tenure
Freehold

Floorplan

Floorplan

Location

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1 on this map

  • Reading West Station0.1 mi
  • Reading Station0.8 mi
  • Reading Green Park Station1.9 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
11 Lorne Street
Reading RG1 7YW		Terraced
Freehold		1 May 2026£480,000
Flat 1, 25, Lorne Street
Reading RG1 7YW		Flat
Leasehold		19 Sept 2025£102,000
7 Lorne Street
Reading RG1 7YW		Terraced
Freehold		18 Sept 2024£420,000
Flat 4, 25, Lorne Street
Reading RG1 7YW		Flat
Leasehold		17 Jun 2024£100,000
13 Lorne Street
Reading RG1 7YW		Terraced
Freehold		3 May 2024£321,000
18 Lorne Street
Reading RG1 7YN		Terraced
Freehold		25 Jan 2024£450,000

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£3,477£69,500 deposit · £625,500 loan
Stamp Duty£24,750England 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 AH Lansley Residential, Reading on Rightmove (original listing). First listed 27 Oct 2026; details checked 7 Nov 2026. Latest change: reduced on 27/10/2026.

Agent disclaimer

Disclaimer - Property reference ALA260211. 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 AH Lansley Residential, 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.

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