Chancellors says ..

Property Oracle says ..

The property is a one-bedroom apartment located in Reading, Berkshire. The apartment is situated on Oxford Road, in the Abbey locality, close to Reading Train Station and the town centre. This is a convenient location with good access to transport links and amenities. The proximity to Oxford Road Community School, Civitas Academy, and several other schools is also a positive aspect for families or investors considering rental income. Based on the provided images, the apartment appears to be in reasonable condition. The interior is clean and well-maintained, although it is relatively small. There is no evidence of significant damage or the need for major repairs or renovations. However, the lack of outdoor space is a notable drawback. The list price of £150,000 is significantly lower than the average price for properties in the area (£340,786). The average price per square foot in the area is £380.00, while this property is listed at a much lower price per square foot, given its size of 322 sqft. This could be due to the smaller size of the apartment and the lack of a garden or outdoor space. This price point may reflect the market value for a small, one-bedroom apartment in this location. However, further comparable sales data would be needed to confirm this assessment.

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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