Flat 2, 40 Carey Street, Reading, RG1 7JS

HP Score
- Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate
Verdict
Derived from HomePortfolio scores
Flat 2 earns an INVESTIGATE rating with HP Score 74/100. Investment score 63/100 reflects moderate fundamentals. Crime intensity is moderate. Walkability is excellent (92/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.
Valuation & Market
Risk Overview
- Flood RiskUnknown
- SubsidenceModerate
- RadonModerate
- MiningSignificant
- LandslideLow
- Air QualityLow
- NoiseModerate
Planning Activity
- PendingPL/26/1436Application for Approval of Details Reserved by Conditions 4 (Hard and Soft Landscaping) and 6 (Boundary Treatment) of application PL/25/1085
- PendingPL/26/1428Lawful Development Certificate for supported living for up to five young people (aged 16–18) transitioning to independence.
- PendingPL/26/1411Application to determine if prior approval is required for a proposed: Demolition of Buildings The Town and Country Planning (General Permitted Development) (England) Order 2015 (as amended) - Schedule 2, Part 11, Class B
Ownership
- Corporate Ownership50.5%
- Overseas OwnershipNo
- Lease Term Remaining115 yrs
- CovenantsRestrictive
- Lease TypeLeasehold
- Last Ownership Change2023-08-22
- SourceLand Registry
Connectivity
Area Profile
Schools Nearby
- Coley Primary School0.2 miGood
- All Saints Church of England Aided Infant School0.3 miReport card2026
Ofsted no longer awards a single overall grade.
- All Saints Junior School0.3 miArea grades2024
Inspected after Ofsted withdrew the single overall grade.
- -Oxford Road Community School0.3 mi
4 of 10 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.
Comparables
- 24 Carey Street-£365k-
- 40 Carey Street-£147k-
- 13 Carey Street-£275k-
- 15A Carey Street-£275k-