Parkers Estate Agents says ..

Property Oracle says ..

This three-bedroom end-of-terrace house in Caversham, Reading, is offered for sale at £400,000. The property benefits from a convenient location, close to Reading train station and Caversham High Street’s amenities. Several good schools are also within a reasonable distance. However, the property requires significant modernisation. The kitchen and bathroom appear dated and in need of refurbishment, and there is visible water damage in at least one bedroom. While the property includes a garden, it appears relatively small and overgrown. The asking price seems fair considering location but buyers should factor in the considerable costs of renovation and refurbishment before proceeding. The lack of precise square footage data for comparable properties makes a definitive price-per-square-foot analysis challenging. Potential buyers should conduct a thorough survey to assess the extent of any necessary repairs and to make an informed decision concerning the overall value of the property. The property would be most suitable for buyers who are comfortable undertaking a renovation project and are not afraid of a challenge. In the current market the value after renovation may result in this being a worthwhile purchase. However, this must be determined through further investigation.

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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