Ormsby Street, Reading, Berkshire
RO

Ormsby Street, Reading, Berkshire

By Romans

£ 450,000

Reviews

2 out of 5 stars

Romans says ..

***Rental Yield above 8%*** Romans are delighted to offer onto the market this spacious five bedroom home, which is being sold with no onward chain, with the opportunity to convert back into a three bedrooms home with two reception rooms. Entering the property, buyers are gr...

Property Oracle says ..

This five-bedroom, five-bathroom property located on Ormsby Street in Reading, Berkshire, presents a mixed bag of features. Its key strengths lie in its convenient location, close to Reading West train station and several well-regarded schools. This makes it potentially attractive to families and commuters. However, the property’s condition appears to be average, with the provided images suggesting a need for some updating and minor repairs, particularly in the kitchen and bathrooms. The limited garden space is another factor to consider. The list price of £450,000 requires further scrutiny, given the property’s apparent condition and lack of substantial land. A comparative market analysis considering similar properties in the area, along with a thorough in-person inspection, would be necessary to determine the true value and suitability of this property for potential buyers.

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
6
Condition
5
Location
7
Land
3
Bedrooms
5
Bathrooms
5
Sqft (est)
1,034.00

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
317,000.00 £
Increased by 3.08 %
from 307,537.00 £
Est sale value
502,524.00 £
Increased by 24.94 %
from 402,226.00 £
Average area rental value
1,341.00 £/mo
Increased by 9.47 %
from 1,225.00 £/mo
Est letting value
2,068.00 £/mo
Increased by 100.00 %
from 1,034.00 £/mo
Est rental Yield
5.08 %
Increased by 6.28 %
from 4.78 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Romans created the listing.

Nearby Schools

NameTypeOfstedDistance
Oxford Road Community SchoolCommunity SchoolGood0.31 KM
All Saints Junior SchoolFree SchoolsOutstanding0.41 KM
All Saints Church Of England Aided Infant SchoolVoluntary Aided SchoolGood0.41 KM
St Edward'S PrepOther Independent School0.57 KM
Battle Primary AcademyAcademy Sponsor LedGood0.96 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Stanley Grove £ 000.00 KM
Josephine Court £ 000.00 KM
Connaught Road £ 000.00 KM
Bath Road Overbridge £ 1,150,00000.00 KM
Monck Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading West3160RDW0.07 KM
Reading3149RDG2.01 KM
Tilehurst3154TLH4.80 KM
Earley5694EAR8.07 KM
Theale3153THE9.74 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ormsby Street, Reading, Berkshire £ 450,000BUY5 / 100.00 KM
Argyle Street, Reading, RG1 £ 200,000BUY7 / 100.09 KM
Reading, Berkshire, RG1 £ 175,000BUY6 / 100.09 KM
Brunswick Hill, Reading, Berkshire, RG1 £ 200,000BUYUnknown0.09 KM
Brunswick Hill, Reading, RG1 £ 850,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
13 Ormsby Street £ 176,0000.00 KM
20 Ormsby Street £ 191,0000.00 KM
26 Ormsby Street £ 195,0000.00 KM
5 Ormsby Street £ 220,0000.00 KM
1 Ormsby Street £ 196,0000.00 KM