Davis Tate says ..

Property Oracle says ..

The property is located on Denmark Road in Reading, Berkshire. It’s a 5-bedroom, 3-bathroom house with a sizable plot of 2,224 sqft. The list price is £700,000.

The property appears to be in need of some modernisation and updating. Whilst the structure seems sound, many of the rooms show dated decor and furnishings. The bathrooms and kitchen, while functional, could benefit from a refresh to enhance their appeal and value. The garden, while present, requires some landscaping and maintenance to reach its full potential.

The location is positive, with proximity to Reading town centre and its amenities. The presence of several schools nearby is also a significant advantage for families. Good transport links are also within reasonable distance.

Considering the average price per sqft in the area (£452), the list price of £700,000 for a 1,568 sqft property seems slightly high. However, the larger plot size, the desirable location, and the potential for increased value after modernisation should be taken into account. The list price might be justified if the property is in a highly sought-after area within Reading, where properties often command a premium. Further investigation into comparable recently sold properties on Denmark Road would provide a more definitive assessment of the price’s reasonableness.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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