Chancellors says ..

Property Oracle says ..

The property is a 2-bedroom flat located in Katesgrove, Reading, Berkshire. It’s situated on Kendrick Road, close to Kendrick School and several other schools, suggesting a convenient location for families. The proximity to Reading train station (1.24 KM) is also a positive aspect, enhancing its accessibility.

The flat itself appears to be in reasonable condition based on the provided images. While not brand new, it doesn’t show significant signs of disrepair or needing immediate renovation. The kitchen and bathroom seem functional, though a modern update might increase its appeal.

The property lacks a substantial plot size (0.00 SQFT), meaning there is no garden. This is a common feature for flats, especially in urban areas like Reading.

Considering the list price of £250,000, the average price of similar properties in the area (£290,804), and the average price per square foot (£323), the property seems reasonably priced. While the average price per square foot is higher than the implied price per square foot of this property (£250,000 / 576 sqft = £434.03), the lack of a plot and the condition of the property justify the lower price. Nearby comparable properties support this assessment. However, it’s important to note that the lack of data for many nearby properties limits the scope of this comparison.

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

Images