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 %
- Est sale value
- 971,456.76 £Increased by 20.73 %
- Average area rental value
- 1,334.00 £/moDecreased by 2.49 %
- Est letting value
- 2,253.96 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.57 %Decreased by 1.30 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
AH Lansley Residential marked this listing as sold.
AH Lansley Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Thameside Primary School | Community School | Good | 0.44 KM |
| E P Collier Primary School | Community School | Good | 0.59 KM |
| St Anne'S Catholic Primary School | Voluntary Aided School | Good | 0.93 KM |
| Queen Anne'S School | Other Independent School | 1.02 KM | |
| Hemdean House School | Other Independent School | 1.05 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Harley Road | £ 0 | 0 | 0.00 KM |
| Station Hill | £ 0 | 0 | 0.00 KM |
| Station Road | £ 273,750 | 0 | 0.00 KM |
| Short Street | £ 0 | 0 | 0.00 KM |
| Market Place | £ 210,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Reading | 3149 | RDG | 0.36 KM |
| Reading West | 3160 | RDW | 2.14 KM |
| Earley | 5694 | EAR | 6.41 KM |
| Tilehurst | 3154 | TLH | 6.49 KM |
| Winnersh Triangle | 5698 | WTI | 9.35 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lynmouth Road, Reading, RG1 | £ 550,000 | BUY | 7 / 10 | 0.01 KM |
| Reading Riverside, Berkshire, RG1 | £ 300,000 | BUY | Unknown | 0.01 KM |
| Lynton Court, Lynmouth Road, Reading | £ 200,000 | BUY | 6 / 10 | 0.03 KM |
| Lynmouth Road, Reading | £ 425,000 | BUY | Unknown | 0.06 KM |
| 2 Lynmouth RoadReadingBerkshire | £ 425,000 | BUY | 6 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 20 Lynmouth Road | £ 350,500 | 0.01 KM |
| 10 Lynmouth Road | £ 534,000 | 0.01 KM |
| 2 Lynmouth Road | £ 137,000 | 0.01 KM |
| 24 Lynmouth Road | £ 102,000 | 0.01 KM |
| 14 Lynmouth Road | £ 410,000 | 0.01 KM |