Reading, Berkshire, RG1
CH

Reading, Berkshire, RG1

By Chancellors

£ 350,000

Reviews

3 out of 5 stars

Chancellors says ..

Set in this popular location, convenient for Reading Centre, The Oracle with its shops, bars and restaurants and Reading Station is this two double bedroom terrace with first floor bathroom, open living/dining space, modern Kitchen with utility space, garden room and parking to rear

Property Oracle says ..

This two-bedroom terraced house in Reading’s Katesgrove area presents a solid, if unspectacular, investment opportunity. Its key strengths lie in its convenient location, offering easy access to Reading town centre, the Oracle shopping centre and Reading railway station. This ensures excellent access to amenities, transport links, and employment opportunities. The property itself, based on the photographs, appears to be reasonably well-maintained and in a move-in ready condition. The interior shows a generally clean and tidy presentation, however, some aspects, including the bathroom, seem a little dated and might benefit from modernisation to enhance its overall appeal. The property’s garden is a plus, providing some outdoor space, although it’s not extensive. While the property’s size isn’t fully specified, comparable nearby properties suggest the asking price of £350,000 is in line with market expectations. Overall, prospective buyers should consider balancing the property’s location benefits against the need for potential future improvements and its relatively compact garden. While not a luxurious property, it offers comfortable living in a well-connected location. This makes it an appropriate investment for those prioritizing convenience and location over extensive luxury features. The lack of definitive square footage information for both the house and the plot size is a noticeable omission that limits a more precise analysis of the price-per-square-foot value. The age and energy efficiency of the property, if available, could give a more holistic picture of its value proposition.

Therefore, we give this property 6 / 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
4
Bedrooms
2
Bathrooms
1
Sqft (est)
944.00

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
327,000.00 £
Increased by 3.23 %
from 316,782.00 £
Est sale value
499,376.00 £
Increased by 39.21 %
from 358,720.00 £
Average area rental value
1,287.00 £/mo
Decreased by 3.31 %
from 1,331.00 £/mo
Est letting value
1,888.00 £/mo
Increased by 100.00 %
from 944.00 £/mo
Est rental Yield
4.72 %
Decreased by 6.35 %
from 5.04 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Chancellors created the listing.

Nearby Schools

NameTypeOfstedDistance
The Abbey School ReadingOther Independent School0.43 KM
Kendrick SchoolAcademy Converter0.45 KM
New Christ Church Church Of England Primary SchoolAcademy Converter0.50 KM
Trinity Christian SchoolOther Independent School0.55 KM
The Deenway Montessori SchoolOther Independent SchoolGood0.61 KM

Images

Kitchen Dining External Front Bedroom Bedroom Bedroom Bathroom External Grounds External Grounds Living Room Kitchen

Nearby Streets

NameAverage PriceAverage SqftDistance
Highgrove Terrace £ 000.00 KM
Mount Street £ 000.00 KM
London Road £ 000.00 KM
Queens Road £ 368,00000.00 KM
Mill Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading3149RDG1.42 KM
Reading West3160RDW2.81 KM
Earley5694EAR5.36 KM
Tilehurst3154TLH7.55 KM
Winnersh Triangle5698WTI8.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
Reading, Berkshire, RG1 £ 350,000BUY6 / 100.00 KM
75 Mount Pleasant, Reading, Berkshire, RG1 2TF £ 415,000BUY5 / 100.04 KM
75 Mount Pleasant, Reading, Berkshire, RG1 2TF £ 370,000BUY5 / 100.04 KM
Mount Pleasant, Reading £ 270,000BUY5 / 100.05 KM
Mount Pleasant, Reading, RG1 £ 400,000BUYUnknown0.06 KM

Nearby Properties

AddressPriceDistance
67 Mount Pleasant £ 150,0000.02 KM
47 Mount Pleasant £ 69,0000.02 KM
11 Mount Pleasant £ 355,0000.02 KM
57 Mount Pleasant £ 162,5000.02 KM
65 Mount Pleasant £ 307,0000.02 KM