With the whole of the UK currently experiencing a housing crisis right now with home prices soaring, knowing where to get your hands on a cheap property is pretty essential in this day and age.

A two-bedroom terraced house in Longships Way, RG2, is currently the cheapest house on Rightmove right now in Reading, coming in at £75,000 with a shared ownership plan.

The property in Whitley comprises a hallway, a modern fitted kitchen, a lounge, two bedrooms, a small bathroom, and a family bathroom with shower over bath.

The property also benefits from a private garden, one allocated parking space, double-glazed windows, a Gas fired boiler, and immersion.

The house is currently available for purchase at £75,000 for 25% share based on the marketing figure of £300,000.

The terraced house is located 1.2 miles away from Reading Green Park Station, 1.9 miles away from Reading West Station, and 2.1 miles from Reading Station.

If you were looking to get the property on a mortgage scheme, monthly payments would come in at approximately £407, which is less than the average price of rentals in Reading.

The average rent in Reading is £1,089 according to a survey of properties carried out by HMRC's Valuation Office Agency between September 2021 and September 2022.