Cannon Street, Reading, Berkshire, RG1
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Cannon Street, Reading, Berkshire, RG1

By Parkers Estate Agents

£ 300,000

Reviews

2 out of 5 stars

Parkers Estate Agents says ..

A rare opportunity to purchase this investment property consisting of three self-contained flats, located within close proximity to the town centre, shops, both Reading & Reading West train stations, and further amenities.

Property Oracle says ..

This end of terrace property is located on Cannon Street, Reading, Berkshire. The property is conveniently located near Reading West train station (0.19 KM) providing easy access to commuting routes. Several schools are within a short distance, including Oxford Road Community School (0.18 KM) and All Saints Junior School (0.48 KM), making it an attractive option for families. The property itself appears to be in need of some modernisation and updating, as seen in the provided images. The kitchen and bathrooms show signs of wear and tear, and an overall refresh would likely enhance its value. The lack of plot size is a notable drawback, limiting outdoor space. Compared to the average price per square foot in the area (£357), the listing price of £300,000 for 973.49 sqft seems slightly higher, although this could be justified by the location and proximity to amenities. Nearby comparable properties show a range of prices, some higher and some lower than the listing price, suggesting some negotiation may be possible.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
8
Land
1
Bedrooms
3
Bathrooms
3
Sqft (est)
973.49

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
317,000.00 £
Increased by 3.08 %
from 307,537.00 £
Est sale value
473,116.14 £
Increased by 24.94 %
from 378,687.61 £
Average area rental value
1,341.00 £/mo
Increased by 9.47 %
from 1,225.00 £/mo
Est letting value
1,946.98 £/mo
Increased by 100.00 %
from 973.49 £/mo
Est rental Yield
5.08 %
Increased by 6.28 %
from 4.78 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Parkers Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Oxford Road Community SchoolCommunity SchoolGood0.18 KM
All Saints Junior SchoolFree SchoolsOutstanding0.48 KM
All Saints Church Of England Aided Infant SchoolVoluntary Aided SchoolGood0.48 KM
St Edward'S PrepOther Independent School0.74 KM
Civitas AcademyAcademy Sponsor LedGood0.85 KM

Images

Picture No. 02 Picture No. 14 Picture No. 09 Picture No. 10 Picture No. 06 Picture No. 08 Picture No. 07 Picture No. 03 Picture No. 11 Picture No. 12

Nearby Streets

NameAverage PriceAverage SqftDistance
Stanley Grove £ 000.00 KM
Josephine Court £ 000.00 KM
Phoenix Place £ 165,00000.00 KM
Connaught Road £ 000.00 KM
Bath Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading West3160RDW0.19 KM
Reading3149RDG1.86 KM
Tilehurst3154TLH4.89 KM
Earley5694EAR7.97 KM
Theale3153THE9.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cannon Street, Reading, Berkshire, RG1 £ 300,000BUY5 / 100.00 KM
Cannon Street, Reading, Berkshire, RG1 £ 280,000BUY6 / 100.00 KM
Cannon Street, Reading, Berkshire, RG1 £ 300,000BUY4 / 100.00 KM
Cannon Street, Reading, RG1 £ 270,000BUY6 / 100.00 KM
Cannon Street, Reading £ 315,000BUY7 / 100.01 KM

Nearby Properties

AddressPriceDistance
6 Cannon Street £ 245,0000.01 KM
33 Cannon Street £ 57,0000.01 KM
17 Cannon Street £ 117,9500.01 KM
8 Cannon Street £ 134,0000.01 KM
4 Cannon Street £ 185,7500.01 KM