Farmer & Dyer says ..

Property Oracle says ..

This property in Caversham, Reading presents a unique opportunity for buyers seeking a riverside leisure plot with exclusive access to the River Thames. The listing offers a private slipway, a cabin with basic amenities, and a generous outdoor space directly adjacent to the water. The photographs depict both the riverside terrace and what looks to be the grounds which are mainly lawned, with a patio and additional outdoor lavatories available.

The main structure’s condition seems reasonable, though some elements might necessitate updating or renovation. The photographs suggest various outbuildings in need of maintenance and repair. A substantial area of lawned garden is present though it could benefit from some TLC.

The location on Mill Green in Caversham is attractive due to its riverside position. Its closeness to Reading town centre and Reading Railway station is advantageous, offering good access to amenities and transport links. The proximity to highly-rated local schools (such as New Bridge Nursery School) will also be of interest to families. However, the immediate vicinity may lack immediate access to day-to-day shops and other high-street facilities.

The list price of £475,000 sits within the higher end of the market for this area, reflecting the unique features. The lack of comparable properties due to the exclusive nature of the leisure plot makes it difficult to assess the exact price per square foot. However, the overall package of a private slipway, mooring, and a sizeable riverside plot appears to justify the price in the context of the Caversham property market, though it may not represent the most exceptional value.

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

Images