Martin & Pole says ..

Property Oracle says ..

This three-bedroom terraced house in Reading, Berkshire is listed at £220,000. The property is in need of significant modernisation and renovation, as evidenced by the photographs. The interior shows dated features, damaged walls, and worn flooring throughout. The exterior also needs attention, with an overgrown garden and a dilapidated shed. While the location benefits from proximity to several schools (Wilson Primary School, Ranikhet Academy, and others) and railway stations (Reading West, Tilehurst, and Reading itself), the property itself requires substantial investment. Compared to the average house price in the area (£395,909) and the average price per square foot (£380), this property is significantly cheaper. However, this is likely due to its condition. The plot size is 762 sqft, which is relatively small. The property includes a small garden and a shed, but both are in need of significant work. Considering the extensive repairs needed, the list price might be considered reasonable for a buyer willing to undertake a full renovation project, but it is important to factor in the cost of these renovations.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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