Romans says ..

Property Oracle says ..

The property is a small, 232 sqft ground floor flat with one bathroom and no bedrooms, situated in Lower Earley, Reading. The flat benefits from a small garden. Lower Earley is a residential area with access to local amenities and transport links. The nearby train station, Earley, offers connections to Reading and other locations. Several primary schools are within a reasonable distance. The property’s condition appears to be fair. While the kitchen and bathroom seem functional, some updating might be needed. The overall condition of the property is acceptable but not exceptional. The small size of the property is a significant factor. The plot size is relatively small at 265.80 sqft. While there is a small garden area, it’s not extensive. Considering the list price of £120,000, the average price of properties in the area is significantly higher at £367,384. The average price per sqft is £428.00, which is considerably more than what this property is listed for. However, it is important to note that the average price and price per sqft are based on larger properties than the subject property. The property’s lack of bedrooms and smaller size significantly impacts its value. The listed price reflects this. The nearby comparable properties on Watersfield Close, ranging from £81,500 to £174,000, support the listed price.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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