Drake Way, Reading, Berkshire, RG2
PR

Drake Way, Reading, Berkshire, RG2

By Prospect Estate Agency

£ 270,000

Reviews

3 out of 5 stars

Prospect Estate Agency says ..

This modern apartment is tucked away in the popular Kennet Island development; this apartment is a fantastic option for someone looking to get on the property ladder and/or wanting fast access to Green Park or the town centre. Benefitting from being built in the later phase of Cygnet House, the a...

Property Oracle says ..

This is a two-bedroom, two-bathroom apartment located on Drake Way in Reading. The property is listed for £270,000 by Prospect Estate Agency. The apartment is 635.82 sqft. The location offers reasonable access to amenities and transport, although school ratings in the immediate vicinity vary. The apartment itself appears to be in good condition, suggesting a modern build. The price is in line with the local market, although slightly above the average price per square foot for the area. The property benefits from being located near Drake Way cycle path, Commercial Road, and Boulton Road.

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
7
Condition
8
Location
6
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
635.82

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
312,014.00 £
Increased by 7.46 %
from 290,359.00 £
Est sale value
256,235.46 £
Increased by 44.96 %
from 176,757.96 £
Average area rental value
1,599.00 £/mo
Decreased by 0.87 %
from 1,613.00 £/mo
Est letting value
1,271.64 £/mo
Increased by 100.00 %
from 635.82 £/mo
Est rental Yield
6.15 %
Decreased by 7.80 %
from 6.67 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Prospect Estate Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
Oneschool Global Reading Senior CampusOther Independent School0.97 KM
Whitley Park Primary And Nursery SchoolCommunity SchoolRequires improvement1.17 KM
The Palmer Primary AcademyAcademy Sponsor LedGood1.52 KM
Whitley Children'S CentreChildren's Centre1.57 KM
New Christ Church Church Of England Primary SchoolAcademy Converter1.59 KM

Images

Picture No. 01

Nearby Streets

NameAverage PriceAverage SqftDistance
Drake Way cycle path £ 000.00 KM
Commercial Road £ 000.00 KM
Boulton Road £ 000.00 KM
Merrivale Gardens £ 000.00 KM
Hay Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading West3160RDW2.98 KM
Reading3149RDG3.02 KM
Earley5694EAR6.59 KM
Tilehurst3154TLH7.31 KM
Mortimer5501MOR9.31 KM

Nearby Listings

AddressPriceTypeScoreDistance
Drake Way, Reading, Berkshire, RG2 £ 270,000BUY6 / 100.00 KM
Cygnet House, Drake Way, Reading £ 275,000BUY6 / 100.00 KM
Cygnet House, Drake Way, Kennet Island £ 280,000BUY6 / 100.00 KM
Drake Way, Reading, RG2 £ 280,000BUY5 / 100.01 KM
Drake Way, Reading, Berkshire, RG2 £ 270,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
3 Drake Way £ 293,0000.11 KM
11 Drake Way £ 220,0000.12 KM
5 Drake Way £ 192,5000.12 KM
7 Drake Way £ 200,0000.12 KM
9 Drake Way £ 293,0000.12 KM