Real Estate in Reading, England
Last updated on Apr 09, 2024
Summary: The most desirable neighborhoods in Reading, UK are Caversham, Tilehurst, Earley, Woodley, and Calcot. The average cost to buy a nice 2 bedroom home in Reading is around $400,000 USD, and a nice 3 bedroom home is around $500,000 USD. These properties typically include modern amenities such as central heating, double glazing, and fitted kitchens. There are no restrictions on foreign ownership for properties in Reading. An expat searching for a home to buy in Reading should start by researching the different neighborhoods and their amenities, as well as the average cost of properties in each area. They should also consider their budget and what type of property they are looking for. It is also important to research the local real estate market and speak to a local real estate agent to get an idea of the current market conditions.
How do I find a place to live in Reading?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the best ways to find a place to live in Reading is to search online for rental properties. You can use websites such as Rightmove, Zoopla, and Gumtree to search for rental properties in the area. Additionally, you can contact local estate agents to inquire about available properties. You can also look for rental properties in local newspapers and on social media sites such as Facebook and Twitter. Finally, you can ask friends and family if they know of any available properties in the area," said one person in Reading.
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Click connect to have our partner contact you via e-mail and/or phone.
What is a typical expat home or apartment like in Reading?
"Expat homes and apartments in Reading are typically modern and spacious, with plenty of natural light. Many of the apartments are located in the city centre, close to shops, restaurants, and other amenities. The majority of expat homes and apartments come with a fully-equipped kitchen, a comfortable living area, and a balcony or terrace. Many of the apartments also have access to a communal garden or courtyard. Expat homes and apartments in Reading, UK are typically well-maintained and offer a safe and secure environment for expats to live in," said one person in Reading.
What is the average cost of housing in Reading?
If you are thinking about moving to Reading, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Reading is generally higher than the national average. Prices for rental properties in Reading range from around £800 per month for a one-bedroom flat to £1,500 per month for a three-bedroom house. The average cost of buying a property in Reading is around £300,000, with prices for a two-bedroom flat starting at around £200,000," said one person in Reading.
Should I buy or rent a home in Reading?
If you have not spent a lot of time in Reading, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Reading can be a great investment, as the city is known for its strong economy and excellent quality of life. However, it is important to consider your financial situation and lifestyle before making a decision. Renting can be a great option if you are looking for flexibility and don't want to commit to a long-term mortgage. On the other hand, buying a home can provide you with more stability and the potential for long-term financial gain. Ultimately, the decision to buy or rent should be based on your individual needs and preferences," said one expat who made the move to Reading.
What do I need to know when buying property in Reading?
When we asked expats what advice they would give a foreigner before buying a property in Reading, they said:
"When buying property in Reading, it is important to research the local area and the property market. Consider the local amenities, transport links, schools, and other factors that may affect the value of the property. It is also important to get a survey done to check for any structural issues or potential problems with the property. Make sure to get a solicitor to review the contract and any other legal documents associated with the purchase. Finally, it is important to budget for any additional costs such as stamp duty, legal fees, and other associated costs," said one expat in Reading.
Are foreigners allowed to own property in Reading?
When we asked expats what advice they would give a foreigner before buying a property in Reading, they said...
"Yes, foreigners are allowed to own property in Reading. Non-UK citizens are able to purchase property in the UK, provided they have the necessary funds and meet the requirements of the UK's immigration laws. Foreigners must also obtain permission from the UK government to purchase property in the UK. This permission is usually granted if the property is for personal use and not for investment purposes," wrote one expat who made the move to Reading.
What appliances are typically included in a rental?
We asked foreigners in Reading what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Reading typically include a refrigerator, oven, washing machine, and dryer. Other common appliances may include a dishwasher, microwave, and toaster," said one expat in Reading.
Additional Information about Searching for a Home in Reading:
We asked foreigners in Reading what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats looking for homes in Reading can search online for rental properties, or contact local real estate agents for assistance. They can also search for listings on websites such as Rightmove, Zoopla, and PrimeLocation. Additionally, expats can look for homes in Reading by attending open houses or by networking with other expats in the area," remarked one foreigner who made the move to Reading.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.