Southcote Lodge, Reading
ST

Southcote Lodge, Reading

By Stratton & King Ltd

£ 125,000

Reviews

3 out of 5 stars

Stratton & King Ltd says ..

**ONE BEDROOM FIRST FLOOR RETIREMENT APARTMENT** Welcome to Southcote Lodge! Churchill Sales & Lettings are delighted to be marketing this lovely one bedroom first floor apartment. The property is presented in good order throughout and is conveniently located near the carpark providing e...

Property Oracle says ..

This one-bedroom retirement apartment at Southcote Lodge in Reading, Berkshire presents a compelling option for prospective buyers within its target demographic. Situated on Burghfield Road, it benefits from proximity to well-regarded primary schools and convenient access to public transportation, including Reading West station. The apartment itself, as evidenced by the photographs, is presented in good condition with a clean and recently updated interior. The kitchen and bathroom appear functional and recently modernized, and there’s a good-sized living space. While the property lacks significant private outdoor space, residents have access to the development’s communal gardens. The list price of £125,000 appears competitive, particularly when considering the convenient location and relatively modern condition. However, the scarcity of comparable property data in the immediate vicinity restricts a precise market value assessment. Overall, this retirement apartment is likely an attractive option for individuals or couples seeking a convenient, well-maintained property in Reading. The availability of communal green space and its proximity to amenities add to its value proposition. Buyers should factor in the retirement-specific features of the property, which may not entirely reflect broader market trends of the broader area. Furthermore, a lack of detailed plot size and comprehensive comparison data prevents a more concrete assessment of overall value for money.

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

Price
8
Condition
7
Location
7
Land
4
Bedrooms
1
Bathrooms
1
Sqft (est)
492.99

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
543,333.00 £
Increased by 36.87 %
from 396,972.00 £
Est sale value
421,506.45 £
Increased by 97.46 %
from 213,464.67 £
Average area rental value
1,579.00 £/mo
Decreased by 11.74 %
from 1,789.00 £/mo
Est letting value
985.98 £/mo
Increased by 100.00 %
from 492.99 £/mo
Est rental Yield
3.49 %
Decreased by 35.49 %
from 5.41 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Stratton & King Ltd marked this listing as sold.

  • Stratton & King Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
The Holy Brook SchoolCommunity Special SchoolGood0.27 KM
Manor Primary SchoolCommunity SchoolGood0.27 KM
Southcote Children'S CentreChildren's Centre0.69 KM
Kennet Valley Primary SchoolCommunity SchoolGood0.75 KM
King'S Academy ProspectAcademy ConverterRequires improvement0.88 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Grantham Road £ 435,00000.00 KM
Holmwood Avenue £ 000.00 KM
Florian Gardens £ 000.00 KM
Maker Close £ 000.00 KM
Fox Hunt Grove £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading West3160RDW3.56 KM
Tilehurst3154TLH3.75 KM
Reading3149RDG5.54 KM
Theale3153THE6.31 KM
Mortimer5501MOR7.78 KM

Nearby Listings

AddressPriceTypeScoreDistance
Southcote Lodge, Reading £ 125,000BUY6 / 100.00 KM
Southcote Lodge, Reading £ 115,000BUY7 / 100.01 KM
Burghfield Road, Reading, Berkshire, RG30 £ 750,000BUY8 / 100.03 KM
Burghfield Road, Reading, Berkshire, RG30 £ 170,000BUY7 / 100.03 KM
Burghfield Road, Reading, RG30 £ 110,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
49 Burghfield Road £ 305,0000.03 KM
90 Burghfield Road £ 393,0000.07 KM
86 Burghfield Road £ 577,0000.07 KM
76 Burghfield Road £ 189,0000.07 KM
80 Burghfield Road £ 288,3880.07 KM