Groves Lea, Mortimer, Reading, Berkshire, RG7
Parkers Burghfield Common logo

Groves Lea, Mortimer, Reading, Berkshire, RG7

By Parkers Burghfield Common

£ 250,000

Reviews

3 out of 5 stars

Parkers Burghfield Common says ..

A one bedroom semi detached bungalow set in a convenient and tucked away location in the village of Mortimer. Close to a host of local amenites. NO ONWARD CHAIN.

Property Oracle says ..

This one-bedroom bungalow located on Groves Lea in Mortimer, Reading, presents itself as a modest property suitable for a single person, couple, or investor. The property benefits from a desirable location, close to good schools and a train station. The interior requires some updating, especially the kitchen and bathroom, which might influence its market appeal to those seeking move-in-ready accommodations. The small, manageable garden provides some outdoor space, although not large. The pricing strategy appears balanced, aligning with the value of similar properties in the area, factoring in its age and potential need for modernisation. Buyers should budget for some improvements and also consider conducting a full structural survey prior to purchase. Overall, it’s a viable option for a first-time buyer, downsizer or an investor looking to modernise and potentially increase rental income. Prospective purchasers should weigh these factors against the property’s advantages before reaching a decision.

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
1
Bathrooms
1
Sqft (est)
418.61

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
466,875.00 £
Decreased by 13.73 %
from 541,205.00 £
Est sale value
203,444.46 £
Increased by 9.21 %
from 186,281.45 £
Average area rental value
1,300.00 £/mo
Decreased by 39.81 %
from 2,160.00 £/mo
Est letting value
418.61 £/mo
Unchanged by 0.00 %
from 418.61 £/mo
Est rental Yield
3.34 %
Decreased by 30.27 %
from 4.79 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Parkers Burghfield Common marked this listing as sold.

  • Parkers Burghfield Common created the listing.

Nearby Schools

NameTypeOfstedDistance
Mortimer St. John'S C.E. Infant SchoolVoluntary Controlled SchoolGood0.82 KM
The Willink SchoolCommunity SchoolGood1.96 KM
Mrs Bland'S Infant SchoolCommunity SchoolGood2.14 KM
Garland Junior SchoolCommunity SchoolGood2.53 KM
Mortimer St Mary'S C.E. Junior SchoolVoluntary Aided SchoolGood2.61 KM

Images

Kitchen Bedroom Rear Front Garden Front Living Room Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Spring Lane £ 000.00 KM
Saint Mary's Road £ 870,00000.00 KM
Saint John's Close £ 000.00 KM
Tower Gardens £ 375,00000.00 KM
Hackney Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Mortimer5501MOR3.81 KM
Bramley (Hampshire)5500BMY5.49 KM
Theale3153THE6.10 KM
Aldermaston3145AMT7.96 KM

Nearby Listings

AddressPriceTypeScoreDistance
Groves Lea, Mortimer, Reading, Berkshire, RG7 £ 185,000BUYUnknown0.00 KM
Groves Lea, Mortimer, Reading, Berkshire, RG7 £ 250,000BUY6 / 100.00 KM
Groves Lea, Mortimer, Reading, Berkshire, RG7 £ 225,000BUY6 / 100.01 KM
Groves Lea, Mortimer, Reading, Berkshire, RG7 £ 340,000BUYUnknown0.03 KM
Victoria Road, Mortimer, Reading, RG7 £ 850,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
62 Groves Lea £ 166,0000.01 KM
22 Groves Lea £ 210,0000.01 KM
50 Groves Lea £ 131,0000.01 KM
46 Groves Lea £ 179,9500.01 KM
42 Groves Lea £ 120,0000.01 KM