Reading University / Hospital Borders, Berkshire, RG2
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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 %
from 316,116.00 £
Est sale value
822,288.90 £
Increased by 53.25 %
from 536,578.35 £
Average area rental value
1,055.00 £/mo
Decreased by 3.56 %
from 1,094.00 £/mo
Est letting value
2,322.85 £/mo
from 0.00 £/mo
Est rental Yield
4.84 %
Increased by 16.63 %
from 4.15 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Chancellors created the listing.

Nearby Schools

NameTypeOfstedDistance
University Of ReadingHigher Education Institutions0.76 KM
Hamilton SchoolAcademy Special Sponsor Led0.90 KM
Reading Girls' SchoolAcademy Sponsor Led0.97 KM
Leighton Park SchoolOther Independent School0.97 KM
The Ridgeway Primary SchoolCommunity SchoolGood0.98 KM

Images

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

Nearby Streets

NameAverage PriceAverage SqftDistance
Sherfield Drive £ 000.00 KM
Cherry Grove £ 000.00 KM
Lower Mount £ 475,00000.00 KM
Lydford Road £ 000.00 KM
Hexham Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading3149RDG3.20 KM
Earley5694EAR3.90 KM
Reading West3160RDW4.59 KM
Winnersh Triangle5698WTI6.82 KM
Winnersh5697WNS8.45 KM

Nearby Listings

AddressPriceTypeScoreDistance
Reading University / Hospital Borders, Berkshire, RG2 £ 850,000BUY5 / 100.00 KM
Ennerdale Road, Reading £ 500,000BUYUnknown0.04 KM
Benson Close, Reading, RG2 £ 500,000BUYUnknown0.10 KM
Northcourt Avenue, Reading £ 815,000BUY6 / 100.11 KM
Barnsdale Road, Reading £ 240,000BUY7 / 100.12 KM

Nearby Properties

AddressPriceDistance
14 Benson Close £ 75,0000.10 KM
10 Benson Close £ 270,0000.10 KM
19 Benson Close £ 85,0000.10 KM
5 Benson Close £ 205,0000.10 KM
11 Benson Close £ 300,0000.10 KM