Walmsley Estate Agency says ..

Property Oracle says ..

Ibstone Avenue is located in Caversham, Reading, a desirable area known for its good schools and convenient access to amenities. The property is a semi-detached house with three bedrooms and one bathroom. While the plot size is small, the images reveal a manageable rear garden. The property’s proximity to several well-regarded primary schools, such as Micklands Primary School and St Martin’s Catholic Primary School (both rated ‘Good’ by Ofsted), makes it attractive to families. Reading town centre and its railway station are within a reasonable commuting distance, providing good transport links.

The property’s condition appears to be fair. While it’s habitable, the interior shows signs of age and would benefit from modernisation. The decor and furnishings are dated, and some areas could be improved. The kitchen and bathroom, while functional, are not modern. The property would likely benefit from some updating to increase its value and appeal.

Considering the average house price in the area is significantly higher (£573,118) than the list price (£400,000), and the average price per square foot is £435, this property is priced competitively. However, the need for modernisation should be factored into any offer. Nearby comparable properties on Ibstone Avenue itself show a range of prices, with some selling for less and others for more than the asking price. This suggests that the list price is within the reasonable range for the area, given the property’s condition and size.

The property benefits from a small but usable rear garden, adding to its appeal. The lack of precise plot size information makes it difficult to provide a detailed assessment of the land.

Based on the provided information, the property presents a good opportunity for a buyer willing to undertake some modernisation. The location is strong, the price is competitive, and the property offers comfortable living space with a garden. However, potential buyers should factor in the cost of renovations when making an offer.

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

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