Flat 1, 22 George Street, Reading, RG1 7NT

Lot 277 · RG1 7NT · McHugh & Co · South East

£50,000guide price
ResidentialBeen to auction before
Flat 1, 22 George Street, Reading, RG1 7NT
Photo: McHugh & Co catalogue

Pre-bid risk check

Check public-data risks before you chase this lot.

Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

74 year lease

Short leases can affect lending, resale value, and extension terms.

medium confidence, Auction listing enrichment

Prior auction appearance

This property appears to have been through auction before. Repeated listings can reveal pricing or legal friction.

medium confidence, AuctionRadar sold-results archive

Watch this lot

Get the guide changes and the result by email.

View this lot on McHugh & Co

Full legal pack, photos and bidding on the auctioneer's site.

View on McHugh & Co

About this lot

Leasehold Flat Vacant Possession

Situated on George Street, close to the amenities available in Reading Town Centre and travelling facilities including Reading (Elizabeth Line) and Reading West Train Stations. Kensington Park is also nearby. A Self-Contained Raised Ground Floor Flat requiring modernisation with accommodation comprising:• Living Room/Kitchen• Bedroom • Bathroom/WCLeasehold for a term of 99 years from 24th June 2002 (thus having approximately 75 years unexpired) at a ground rent of £100 per annum rising. Tenancy Vacant Possession EPC Rating C Available at price £85,000 Council Tax Band A Lease Start Date 24/06/2002 Lease Duration 99 years (74 years unexpired) Time left I have read and understood the terms and conditions of business I have taken professional advice as to the contents of the legal pack I am in a position to exchange contracts within the prescribed time frame if my offer is accepted Confirm Bid Cancel Please wait, placing your bid... Accept Invitation Close Please wait, accepting the invitation... × Help on Bidding Bidding Overview When the auction is open, you can place bids in line with the pre-determined bid increment levels using the bid increase (+) and bid decrease (–) buttons provided. Every time you place a bid you will be asked to confirm your bid before submitting it, and you will be clearly shown on the screen whether your bid was successful. A full list of all bids plac…

From the McHugh & Co listing. Read the full listing and legal pack →

Key facts

277Lot number
ResidentialUse class
LeaseholdTenure
CEPC
74 yearsLease remaining
16 September 2026Auction date

Planning activity nearby

3 planning applications on record within 250m of this lot, including on the same street. Recent local decisions are a fast read on what the council will and won't permit here.

Planning data from PlanIt, the open index of UK council planning registers. Check the council's own register before relying on it.

Recent sold prices nearby

20 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

39 ZI**** ST****RG1 7UG£380,000
21 TETBURY COURT PR***** ST****RG1 7TR£188,000
186 OX**** RO**RG1 7PN£295,500

17 more sales with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in RG1

Evidence from 851 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+50.6%median uplift
£57,550typical value added
4.5 yearstypical hold period

See 851 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 851 registered sale pairs in RG1 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

Investor angles

Vacant

This property has been to auction before

We match every lot against 190,000+ historical results. Prior appearances can reveal why a lot is back: withdrawn, unsold, or re-priced.

DateHouseResultPrice
24 June 2026Auction House London🔒🔒
22 April 2026Auction House London🔒🔒
11 February 2026Mchugh🔒🔒
20 November 2025Allsop🔒🔒

Unlock what happened at each appearance, the result and the price, two ways:

More lots in this area

Need finance for a lot?

We are selecting a bridging partner for auction buyers. Leave your email and we will introduce you the moment it is live.

No obligation. We are not a lender or a broker, and we never pass your details to anyone without asking you first.

New lots like this every Monday, free

Monday auction briefing

New lots, guide-price cuts and market signals worth watching.

By joining, you ask us to send this property briefing. Unsubscribe any time. Privacy.

Free Checklist

The Auction Buyer's Checklist

Legal pack, finance, guide-price traps. Get the printable PDF and weekly auction alerts. Free.