Park Lane, Tilehurst, Reading
By Village Properties
£ 150,000
Reviews
2 out of 5 stars
Village Properties says ..
VP - NO ONWARD CHAIN! Presented to the market is this one double bedroom retirement flat in the ever popular 'Pegasus Court' retirement development off Park Lane, within very easy reach of the village centre enjoying all the amenities including banks, bakers, coffee shops etc, plus the f...
Property Oracle says ..
This one-bedroom retirement flat located in Tilehurst, Reading, offers a convenient and relatively affordable entry point into the Reading property market. The property itself is situated on Park Lane, providing easy access to the village’s amenities and transport links. Tilehurst benefits from being relatively close to Reading town centre, while still maintaining a more residential, less busy atmosphere. Nearby schools are highly rated, making it an attractive option for families and retirees alike. The property itself benefits from being in a well-maintained complex. While the interior finishes are dated, the property appears to be in good structural and functional condition. The absence of outdoor space, a common limitation in retirement flats, is to be expected, but it may limit the appeal to buyers seeking a private garden. Considering comparable properties in the area, the asking price is relatively reasonable for a retirement property of this type and location, especially given the current market conditions. However, this value is to be considered relative, as the property is smaller and more basic than the surrounding homes, which are far larger and many are detached. Overall, this property offers a practical solution for those looking for a low-maintenance, convenient home in Tilehurst, though it might not appeal to buyers wanting large communal gardens and a more contemporary living space.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 450.04
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
- 426,364.00 £Increased by 9.44 %
- Est sale value
- 183,616.32 £Increased by 3.29 %
- Average area rental value
- 1,675.00 £/moIncreased by 16.00 %
- Est letting value
- 450.04 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.71 %Increased by 5.84 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Village Properties created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Park Lane Primary School | Community School | Good | 0.29 KM |
| St Paul'S Catholic Primary School | Voluntary Aided School | Good | 0.60 KM |
| Birch Copse Primary School | Community School | Outstanding | 0.64 KM |
| Springfield Primary School | Community School | Good | 1.06 KM |
| Blagrave Nursery School | Local Authority Nursery School | Outstanding | 1.14 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hayfield Close | £ 0 | 0 | 0.00 KM |
| Boundary Close | £ 450,000 | 0 | 0.00 KM |
| Hazelwood Close | £ 457,500 | 0 | 0.00 KM |
| Ashbury Drive | £ 0 | 0 | 0.00 KM |
| Maple Drive | £ 925,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Tilehurst | 3154 | TLH | 2.49 KM |
| Theale | 3153 | THE | 4.08 KM |
| Pangbourne | 3036 | PAN | 5.99 KM |
| Reading West | 3160 | RDW | 6.12 KM |
| Reading | 3149 | RDG | 8.15 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Park Lane, Tilehurst, Reading | £ 150,000 | BUY | 5 / 10 | 0.00 KM |
| Park Lane, Tilehurst, Reading, Berkshire, RG31 | £ 410,000 | BUY | 6 / 10 | 0.04 KM |
| Park Lane, Tilehurst, Reading, RG31 | £ 625,000 | BUY | 6 / 10 | 0.10 KM |
| Park Lane, Tilehurst, Reading, Berkshire, RG31 | £ 550,000 | BUY | 5 / 10 | 0.10 KM |
| Sheppard Court, Chieveley Close, Tilehurst, Reading | £ 125,000 | BUY | 5 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 Park Lane | £ 205,000 | 0.07 KM |
| 22 Park Lane | £ 246,000 | 0.07 KM |
| 83 Park Lane | £ 450,000 | 0.11 KM |
| 75 Park Lane | £ 436,000 | 0.11 KM |
| 61 Park Lane | £ 610,000 | 0.11 KM |