Reading University / Hospital Borders, Berkshire, RG2
By Chancellors
£ 850,000
Reviews
2 out of 5 stars
Chancellors says ..
Set in this sought after location with convenient access to Reading University, Hospital, Town Centre and The Oracle is this detached home with four/five bedrooms, four reception rooms, open plan kitchen / dining room, two bathrooms. The property also benefits from a rear garden
Property Oracle says ..
This four-bedroom, two-bathroom property in Reading, Berkshire, is located near Reading University and the Royal Berkshire Hospital. This proximity offers several advantages, including access to amenities, employment opportunities, and potentially higher rental yields. The property is presented for sale at £850,000. The photos reveal a mixed condition. Some areas, such as the kitchen, appear modern and well-maintained. However, other areas, particularly some bedrooms, exhibit dated decor and would benefit from modernisation. The property includes a garden, although the provided plot size is inconsistent with the images, suggesting a need for clarification. The property’s location is a key selling point, with its proximity to educational institutions and healthcare facilities. The lack of precise comparable sales data for the immediate street limits a precise price-per-square-foot analysis. However, the list price appears high considering the property’s condition and the need for potential modernisation. A thorough survey and clarification of the plot size are recommended before making a purchase decision. Potential buyers should carefully consider the cost of modernisation and weigh this against the property’s location advantages and rental potential. The property would be suitable for a family or as a rental investment property, but the need for renovation should be factored into any offer.
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
- 5
- Location
- 7
- Land
- 4
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft (est)
- 2,322.85
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
- 261,363.00 £Decreased by 17.32 %
- Est sale value
- 822,288.90 £Increased by 53.25 %
- Average area rental value
- 1,055.00 £/moDecreased by 3.56 %
- Est letting value
- 2,322.85 £/mo
- Est rental Yield
- 4.84 %Increased by 16.63 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Chancellors created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| University Of Reading | Higher Education Institutions | 0.76 KM | |
| Hamilton School | Academy Special Sponsor Led | 0.90 KM | |
| Reading Girls' School | Academy Sponsor Led | 0.97 KM | |
| Leighton Park School | Other Independent School | 0.97 KM | |
| The Ridgeway Primary School | Community School | Good | 0.98 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sherfield Drive | £ 0 | 0 | 0.00 KM |
| Cherry Grove | £ 0 | 0 | 0.00 KM |
| Lower Mount | £ 475,000 | 0 | 0.00 KM |
| Lydford Road | £ 0 | 0 | 0.00 KM |
| Hexham Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Reading | 3149 | RDG | 3.20 KM |
| Earley | 5694 | EAR | 3.90 KM |
| Reading West | 3160 | RDW | 4.59 KM |
| Winnersh Triangle | 5698 | WTI | 6.82 KM |
| Winnersh | 5697 | WNS | 8.45 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Reading University / Hospital Borders, Berkshire, RG2 | £ 850,000 | BUY | 5 / 10 | 0.00 KM |
| Ennerdale Road, Reading | £ 500,000 | BUY | Unknown | 0.04 KM |
| Benson Close, Reading, RG2 | £ 500,000 | BUY | Unknown | 0.10 KM |
| Northcourt Avenue, Reading | £ 815,000 | BUY | 6 / 10 | 0.11 KM |
| Barnsdale Road, Reading | £ 240,000 | BUY | 7 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Benson Close | £ 205,000 | 0.10 KM |
| 11 Benson Close | £ 300,000 | 0.10 KM |
| 3 Benson Close | £ 81,600 | 0.10 KM |
| 7 Benson Close | £ 237,950 | 0.10 KM |
| 23 Benson Close | £ 430,000 | 0.10 KM |