Reading, Berkshire, RG1
CH

Reading, Berkshire, RG1

By Chancellors

£ 230,000

Reviews

2 out of 5 stars

Chancellors says ..

Set in this popular development with roof terrace, concierge, residents gym and conveniently positioned for Reading Town Centre, Station, University and Hospital is this Studio/one bedroom apartment with kitchen and bathroom.

Property Oracle says ..

This one-bedroom apartment in Reading, Berkshire, is situated on King’s Road in the Redlands area. The property is part of a modern apartment block, as evidenced by the exterior and interior photographs. The apartment itself appears to be in good condition, boasting a modern kitchen and bathroom. The apartment benefits from floor-to-ceiling windows. The provided images showcase a contemporary interior design and good natural light. The lack of data regarding the average price per square foot in the local area makes a definitive valuation challenging. However, available nearby listings demonstrate varied pricing ranges; from studio apartments costing significantly less to three-bedroom houses costing substantially more. The closest comparable property is also an apartment in central Reading listed at £230,000, which provides some context to the list price. The property’s proximity to Reading town centre is a major positive, offering easy access to amenities, transport links (Reading train station is relatively close), and employment opportunities. There are several schools nearby. A notable drawback is the absence of a garden or private outdoor space, which is common in apartment settings. The apartment block’s external appearance is a bit less appealing than the interior. Overall, the property presents a modern, well-maintained living space in a convenient location, albeit without the benefit of a garden and a price which may be slightly elevated in comparison to similar properties, considering its size.

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
6
Condition
8
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
359.00

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
429,375.00 £
Increased by 2.76 %
from 417,832.00 £
Est sale value
236,940.00 £
Increased by 67.94 %
from 141,087.00 £
Average area rental value
1,283.00 £/mo
Increased by 0.16 %
from 1,281.00 £/mo
Est letting value
359.00 £/mo
Unchanged by 0.00 %
from 359.00 £/mo
Est rental Yield
3.59 %
Decreased by 2.45 %
from 3.68 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Chancellors created the listing.

Nearby Schools

NameTypeOfstedDistance
East Reading Children'S CentreChildren's Centre0.18 KM
St John'S Church Of England Primary SchoolAcademy ConverterRequires improvement0.22 KM
New Town Primary SchoolAcademy Sponsor LedGood0.50 KM
Reading SchoolAcademy Converter0.58 KM
Red Balloon Learner Centre ReadingOther Independent School0.62 KM

Images

External Front Hallway Living Room Kitchen Kitchen Hallway Living Room Bathroom Bedroom Parking

Nearby Streets

NameAverage PriceAverage SqftDistance
King's Road £ 000.00 KM
Villa Mews £ 000.00 KM
Woodstock Street £ 000.00 KM
Norwood Road £ 380,00000.00 KM
Sun Street £ 240,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading3149RDG2.29 KM
Earley5694EAR3.99 KM
Reading West3160RDW4.22 KM
Winnersh Triangle5698WTI6.95 KM
Winnersh5697WNS8.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
East Reading / Newtown, Berkshire, RG1 £ 375,000BUYUnknown0.00 KM
Reading, Berkshire, RG1 £ 230,000BUY5 / 100.00 KM
Reading, Berkshire, RG1 £ 230,000BUY5 / 100.00 KM
East Reading, Berkshire, RG1 £ 290,000BUY6 / 100.00 KM
London Road, Reading, Berkshire, RG1 £ 180,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
139 London Road £ 305,0000.04 KM
125 London Road £ 490,0000.04 KM
145 London Road £ 500,0000.04 KM
137 London Road £ 310,0000.04 KM
129 London Road £ 108,0000.04 KM