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Picture No. 10
For saleReduced 5 Nov 2026
£140,000

Thorney House, Drake Way, Reading, RG2 0GZ

1bedroom
1bathroom
Apartmenttype
504sq ft
Leaseholdtenure

Listed 2 Oct 2025 · price reduced 5 Nov 2026 · Reading

How the price compares

This home£140,000£278 per sq ft
Median 1 bed in RG2£190k13 homes listed · £444 per sq ft
Difference-26%below the area median

Key features

  • Modern Shared Ownership Home
  • One Bedroom
  • One Bathroom
  • Private Residents Parking
  • Long Lease

About this home

This well-presented first floor one-bedroom apartment in Reading offers a spacious and modern layout, featuring a bright open-plan kitchen and living area, a generous double bedroom, and a contemporary bathroom. The design makes the most of the available space, providing both comfort and practicality, while residents’ parking adds an extra level of convenience. The apartment is located in a well-connected part of Reading, with everyday essentials close by including supermarkets, shops, gyms and leisure facilities, as well as Green Park nearby for both business and open green space.

Reading itself offers a vibrant mix of town and city living, with the Oracle shopping centre, riverside restaurants, bars and cafés just a short journey away. For commuters, Reading Station provides fast and frequent services into London Paddington, along with the Elizabeth Line offering direct links across the capital. The property is also ideally positioned for road connections, with the M4 within easy reach giving access to London, Heathrow Airport and the West Country. Altogether, this apartment combines modern living with excellent amenities and strong transport links, making it a great opportunity to secure a home in a thriving location.

Approximate Service Charges: £176.90pcm* Lease: 972 years

Service charges will be reviewed annually, usually on 1st April each year.

Property details

Property type
Apartment
Size
504 sq ft / 47 sq m
Council tax band
TBC
Tenure
Leasehold
Lease remaining
970 years left
Service charge
£2,122.80 per year
Parking
Yes

Floorplan

Picture No. 20

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 42, Thorney House, Drake Way
Reading RG2 0GZ
Flat
Leasehold
29 Jun 2026£225,000
Flat 54, Thorney House, Drake Way
Reading RG2 0GZ
Flat
Leasehold
19 Jul 2024£215,000
Flat 53, Thorney House, Drake Way
Reading RG2 0GZ
Flat
Leasehold
5 Jul 2024£167,500
Flat 41, Thorney House, Drake Way
Reading RG2 0GZ
Flat
Leasehold
23 Feb 2024£98,000

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£700£14,000 deposit · £126,000 loan
Stamp Duty£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 SOWN, Nationwide on Rightmove (original listing). First listed 2 Oct 2025; details checked 7 Nov 2026. Latest change: reduced on 05/11/2026.

Agent disclaimer

Disclaimer - Property reference SDO250895. 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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