Kings Road, Reading, Berkshire, RG1
DA

Kings Road, Reading, Berkshire, RG1

By Davis Tate

£ 260,000

Reviews

2 out of 5 stars

Davis Tate says ..

**Investment Opportunity** This two-bedroom upper-floor apartment in Reading town centre offers easy access to amenities, restaurants, transport, & is just over 1/4 mile from Reading station. Sold with tenant in situ, generating a 6.9% gross yield. EPC D.

Property Oracle says ..

This two-bedroom apartment on Kings Road, Reading, presents itself as a potentially sound investment. Its location in the Abbey area offers easy access to Reading’s town centre amenities, including Reading Train Station, which is conveniently located approximately 0.59km away. The surrounding area boasts an array of shops, restaurants, and schools, enhancing its appeal. The apartment’s internal condition appears well-maintained and modern, based on the available photographs. The kitchen and bathroom seem recently updated. The living room and bedrooms also look presentable and clean, though specific details regarding fixtures and fittings are absent. While the listing states it’s an ‘Investment Opportunity’, due to a tenant already in place, the lack of precise details on the property’s square footage limits a detailed assessment of the price-per-square-foot value. However, the list price of £260,000 seems relatively reasonable based on comparable properties in the area and it’s desirable location. Considering the advantages of the location and the apparent good condition of the apartment, this property could be a viable option for both owner-occupiers and investors looking for a rental property.

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
7
Location
8
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
660.90

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
284,847.90 £
Increased by 20.73 %
from 235,941.30 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
660.90 £/mo
Unchanged by 0.00 %
from 660.90 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • Davis Tate created the listing.

Nearby Schools

NameTypeOfstedDistance
The Deenway Montessori SchoolOther Independent SchoolGood0.58 KM
Kendrick SchoolAcademy Converter0.60 KM
Katesgrove Primary SchoolCommunity SchoolGood0.74 KM
The Abbey School ReadingOther Independent School0.96 KM
Coley Primary SchoolCommunity SchoolGood1.17 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Duke Street £ 310,00000.00 KM
King Street £ 000.00 KM
Yield Hall Place £ 000.00 KM
Butter Market £ 000.00 KM
Market Place £ 210,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading3149RDG0.59 KM
Reading West3160RDW2.41 KM
Earley5694EAR5.78 KM
Tilehurst3154TLH7.04 KM
Winnersh Triangle5698WTI8.75 KM

Nearby Listings

AddressPriceTypeScoreDistance
Kings Road, Reading, Berkshire, RG1 £ 260,000BUY5 / 100.00 KM
Kings Road, Reading, Berkshire, RG1 £ 200,000BUY5 / 100.00 KM
Abbey Square, Reading, Berkshire, RG1 £ 235,000BUY5 / 100.04 KM
Abbey Square, Reading, Berkshire, RG1 £ 285,000BUY5 / 100.04 KM
Abbey Square, Reading £ 150,000BUYUnknown0.04 KM

Nearby Properties

AddressPriceDistance
16 Kings Road £ 410,0000.13 KM
23 Crane Wharf £ 320,0000.15 KM
17 Crane Wharf £ 310,0000.15 KM
25 Crane Wharf £ 481,0000.15 KM
27 Crane Wharf £ 249,9500.15 KM