Royal Court, Kings Road, Reading, Berkshire, RG1
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Royal Court, Kings Road, Reading, Berkshire, RG1

By Parkers Estate Agents

£ 130,000

Reviews

2 out of 5 stars

Parkers Estate Agents says ..

Offered to the market with no onward chain and located within a short walk from Reading town centre and mainline railway station, this studio apartment is ideal for first time buyers and investment buyers alike.

Property Oracle says ..

This studio apartment at Royal Court, Kings Road, Reading, is presented as an investment or first-time buyer opportunity. Its key strengths lie in its convenient location, close to Reading’s town centre and mainline railway station, offering easy access to shops, restaurants, and commuting options. The property has a bathroom and a compact kitchen, as shown in the provided photos. However, the images reveal that the apartment is in need of modernisation. Carpets and decor are dated; while functional, an update would significantly improve its appeal and potentially rental value. The absence of a garden is typical for a city-centre studio flat, and should be expected. The price of £130,000 is competitive compared to other similar properties in the vicinity, though the lack of square footage data makes a true comparison difficult. Overall, the property represents a feasible entry point into the Reading housing market, although potential buyers should budget for renovations to update the interior to improve the livability and desirability. Further details on the property’s tenure (leasehold or freehold) and any associated service charges would be beneficial in assessing the overall value.

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

Price
7
Condition
5
Location
7
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
292.78

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
350,323.00 £
Decreased by 1.18 %
from 354,508.00 £
Est sale value
126,188.18 £
Increased by 20.73 %
from 104,522.46 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
292.78 £/mo
Unchanged by 0.00 %
from 292.78 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Parkers Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Red Balloon Learner Centre ReadingOther Independent School0.36 KM
The Deenway Montessori SchoolOther Independent SchoolGood0.40 KM
Kendrick SchoolAcademy Converter0.54 KM
The Abbey School ReadingOther Independent School0.67 KM
St John'S Church Of England Primary SchoolAcademy ConverterRequires improvement0.84 KM

Images

Picture No. 03 Picture No. 07 Picture No. 02 Picture No. 04 Picture No. 05 Picture No. 09 Picture No. 06

Nearby Streets

NameAverage PriceAverage SqftDistance
Queens Road £ 287,00000.00 KM
Blake's Wharf £ 280,00000.00 KM
Joseph Huntley Walk £ 375,00000.00 KM
Carraway Street £ 300,00000.00 KM
Queen's Road £ 259,95000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading3149RDG1.32 KM
Reading West3160RDW3.25 KM
Earley5694EAR4.96 KM
Tilehurst3154TLH7.87 KM
Winnersh Triangle5698WTI7.92 KM

Nearby Listings

AddressPriceTypeScoreDistance
Royal Court, Kings Road, Reading, Berkshire, RG1 £ 130,000BUY5 / 100.00 KM
Kennet Street, Reading £ 289,950BUY6 / 100.03 KM
Kennet Street, Reading, Berkshire, RG1 £ 78,000BUYUnknown0.04 KM
Kennet Street, Reading, Berkshire, RG1 £ 315,000BUY6 / 100.06 KM
Kennet Street, Reading, Berkshire £ 315,000BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
11 Patriot Place £ 108,0000.08 KM
44 Patriot Place £ 46,0000.08 KM
108 Queens Road £ 258,0000.09 KM
112 Queens Road £ 74,0000.09 KM
110 Queens Road £ 188,0000.09 KM