AH Lansley Residential says ..

Property Oracle says ..

This four-bedroom, two-bathroom property located on Chatham Street in Reading’s Abbey area presents a mixed bag. Its key strengths lie in its location, offering easy access to Reading town centre, railway stations, schools, and amenities. The proximity to Reading West and Reading train stations is a definite advantage, and the abundance of well-regarded schools nearby could attract families. However, the property requires significant modernisation and updating. The internal photos reveal dated decor, particularly in the kitchen and bathroom, while the attic bedroom shows visible signs of damp. The small, gravelled rear garden offers some outdoor space, but it is limited in size and features.

The £400,000 asking price falls within a reasonable range for properties of comparable size in this area, but buyers will need to factor in substantial renovation costs to bring the property to a modern standard. While the location is an undeniable positive, the significant renovation work needed to improve condition might make it more suitable for investors willing to undertake such projects or buyers comfortable with undertaking a refurbishment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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