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 %
- Est sale value
- 473,116.14 £Increased by 24.94 %
- Average area rental value
- 1,341.00 £/moIncreased by 9.47 %
- Est letting value
- 1,946.98 £/moIncreased by 100.00 %
- Est rental Yield
- 5.08 %Increased by 6.28 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Parkers Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Oxford Road Community School | Community School | Good | 0.18 KM |
| All Saints Junior School | Free Schools | Outstanding | 0.48 KM |
| All Saints Church Of England Aided Infant School | Voluntary Aided School | Good | 0.48 KM |
| St Edward'S Prep | Other Independent School | 0.74 KM | |
| Civitas Academy | Academy Sponsor Led | Good | 0.85 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Stanley Grove | £ 0 | 0 | 0.00 KM |
| Josephine Court | £ 0 | 0 | 0.00 KM |
| Phoenix Place | £ 165,000 | 0 | 0.00 KM |
| Connaught Road | £ 0 | 0 | 0.00 KM |
| Bath Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Reading West | 3160 | RDW | 0.19 KM |
| Reading | 3149 | RDG | 1.86 KM |
| Tilehurst | 3154 | TLH | 4.89 KM |
| Earley | 5694 | EAR | 7.97 KM |
| Theale | 3153 | THE | 9.89 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Cannon Street, Reading, Berkshire, RG1 | £ 300,000 | BUY | 5 / 10 | 0.00 KM |
| Cannon Street, Reading, Berkshire, RG1 | £ 280,000 | BUY | 6 / 10 | 0.00 KM |
| Cannon Street, Reading, Berkshire, RG1 | £ 300,000 | BUY | 4 / 10 | 0.00 KM |
| Cannon Street, Reading, RG1 | £ 270,000 | BUY | 6 / 10 | 0.00 KM |
| Cannon Street, Reading | £ 315,000 | BUY | 7 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 6 Cannon Street | £ 245,000 | 0.01 KM |
| 33 Cannon Street | £ 57,000 | 0.01 KM |
| 17 Cannon Street | £ 117,950 | 0.01 KM |
| 8 Cannon Street | £ 134,000 | 0.01 KM |
| 4 Cannon Street | £ 185,750 | 0.01 KM |