Eastern Avenue, Reading, Berkshire, RG1 5RU
MA

Eastern Avenue, Reading, Berkshire, RG1 5RU

By Martyn Russell Property Services

£ 245,000

Reviews

3 out of 5 stars

Martyn Russell Property Services says ..

A rare find in the University area! This ground-floor maisonette is the only one in the block with direct garden access, plus a 937-year lease & garage. A fantastic project opportunity with no onward chain, just minutes from the Uni & town. Don’t miss out – book your viewing!

Property Oracle says ..

The property is a 2-bedroom ground maisonette located on Eastern Avenue in Reading, Berkshire. The list price is £245,000. Considering the average price of properties in the area is £399,565 and the average price per sqft is £452, the property’s price of £245,000 for 591 sqft (£414 per sqft) appears comparatively low. However, this needs to be considered in the context of the property’s condition and location. The property benefits from a relatively good location, with several schools within a short distance, including Redlands Primary School (rated ‘Good’ by Ofsted) and UTC Reading (rated ‘Outstanding’). Reading train station is also within reasonable commuting distance. The presence of a garden is a positive attribute. Based on the provided images, the property seems to be in reasonably good condition, although some aspects of the interior decor might be considered dated. There is no obvious evidence of significant repairs or renovations being required. The kitchen and bathroom appear functional but could benefit from some modernisation. The property’s relatively small size (591 sqft) and the fact it is a ground maisonette, compared to larger semi-detached or detached properties in the area, likely contributes to the lower price point. The inclusion of a garage is a positive factor. In summary, while the price per sqft is lower than the average for the area, the smaller size, ground floor maisonette style, and potentially the need for some cosmetic upgrades, justify the lower price compared to other properties in the area. The property’s location and the inclusion of a garden are positive aspects.

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

Price
7
Condition
7
Location
8
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
591.00
Lot (est)
695.00

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
429,375.00 £
Increased by 2.76 %
from 417,832.00 £
Est sale value
390,060.00 £
Increased by 67.94 %
from 232,263.00 £
Average area rental value
1,283.00 £/mo
Increased by 0.16 %
from 1,281.00 £/mo
Est letting value
591.00 £/mo
Unchanged by 0.00 %
from 591.00 £/mo
Est rental Yield
3.59 %
Decreased by 2.45 %
from 3.68 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Martyn Russell Property Services created the listing.

Nearby Schools

NameTypeOfstedDistance
Redlands Primary SchoolCommunity SchoolGood0.47 KM
St Joseph'S CollegeOther Independent School0.54 KM
East Reading Children'S CentreChildren's Centre0.66 KM
Maiden Erlegh School In ReadingFree SchoolsGood0.78 KM
Utc ReadingUniversity Technical CollegeOutstanding0.79 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Wokingham Road £ 000.00 KM
Villa Mews £ 000.00 KM
Oaklands £ 223,33300.00 KM
King's Road £ 000.00 KM
Norwood Road £ 380,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading3149RDG2.90 KM
Earley5694EAR3.37 KM
Reading West3160RDW4.81 KM
Winnersh Triangle5698WTI6.34 KM
Winnersh5697WNS8.07 KM

Nearby Listings

AddressPriceTypeScoreDistance
Eastern Avenue, Reading, Berkshire, RG1 5RU £ 245,000BUY7 / 100.00 KM
Eastern Avenue, Reading, Berkshire, RG1 £ 250,000BUYUnknown0.04 KM
Eastern Avenue, Reading, Berkshire, RG1 £ 900,000BUYUnknown0.07 KM
Junction Road, Reading, Berkshire, RG1 £ 450,000BUYUnknown0.12 KM
Carnarvon Road, Reading, RG1 £ 350,000BUYUnknown0.13 KM

Nearby Properties

AddressPriceDistance
17 Eastern Avenue £ 470,0000.03 KM
21 Eastern Avenue £ 399,7000.03 KM
3a Eastern Avenue £ 338,0000.03 KM
5 Eastern Avenue £ 473,0000.03 KM
19 Eastern Avenue £ 400,0000.03 KM