Lynmouth Road, Reading, RG1
AH Lansley Residential logo

Lynmouth Road, Reading, RG1

By AH Lansley Residential

£ 1,000,000

Reviews

2 out of 5 stars

AH Lansley Residential says ..

Lansley - A rare opportunity to aquire a block of four two bedroom apartments located half a mile from Reading mainline train station. All units are currently occupied bringing in a combined income of approximately £57,600 although in our opinion this could potentially be as much as £...

Property Oracle says ..

This property is a block of four apartments located in Reading’s Abbey area, close to Reading train station. The listing mentions the potential for substantial rental income, making it attractive for investors. The apartments are presented as being currently occupied and providing a consistent revenue stream. The interior photos show a reasonably modern, clean, and livable space, suggesting some modernisation work in the recent past.

The exterior of the building looks slightly older and could benefit from some cosmetic improvements. The garden is a pleasant addition but not extensive. The listing price is substantial, and without more information on comparable recently-sold properties, it’s challenging to determine its relative value in the Reading market. It is important to note that this appears to be a property converted into apartments rather than a family home. More detailed information on the condition and layout of each individual apartment, along with recent rental income figures, would assist a prospective buyer or investor in making an informed decision. A buyer looking for a family house might find the lack of land a drawback in the context of the price.

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
5
Condition
6
Location
7
Land
4
Bedrooms
8
Bathrooms
4
Sqft (est)
2,253.96

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
971,456.76 £
Increased by 20.73 %
from 804,663.72 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
2,253.96 £/mo
Unchanged by 0.00 %
from 2,253.96 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • AH Lansley Residential marked this listing as sold.

  • AH Lansley Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
Thameside Primary SchoolCommunity SchoolGood0.44 KM
E P Collier Primary SchoolCommunity SchoolGood0.59 KM
St Anne'S Catholic Primary SchoolVoluntary Aided SchoolGood0.93 KM
Queen Anne'S SchoolOther Independent School1.02 KM
Hemdean House SchoolOther Independent School1.05 KM

Images

Picture No. 09 Picture No. 05 Picture No. 03 Picture No. 12 Picture No. 11 Picture No. 10 Picture No. 04 Picture No. 02 Picture No. 08 Picture No. 06 Picture No. 07 Picture No. 01 Picture No. 13

Nearby Streets

NameAverage PriceAverage SqftDistance
Harley Road £ 000.00 KM
Station Hill £ 000.00 KM
Station Road £ 273,75000.00 KM
Short Street £ 000.00 KM
Market Place £ 210,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading3149RDG0.36 KM
Reading West3160RDW2.14 KM
Earley5694EAR6.41 KM
Tilehurst3154TLH6.49 KM
Winnersh Triangle5698WTI9.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lynmouth Road, Reading, RG1 £ 550,000BUY7 / 100.01 KM
Reading Riverside, Berkshire, RG1 £ 300,000BUYUnknown0.01 KM
Lynton Court, Lynmouth Road, Reading £ 200,000BUY6 / 100.03 KM
Lynmouth Road, Reading £ 425,000BUYUnknown0.06 KM
2 Lynmouth RoadReadingBerkshire £ 425,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
20 Lynmouth Road £ 350,5000.01 KM
10 Lynmouth Road £ 534,0000.01 KM
2 Lynmouth Road £ 137,0000.01 KM
24 Lynmouth Road £ 102,0000.01 KM
14 Lynmouth Road £ 410,0000.01 KM