Old Silk Mill, Silk Lane, Twyford, Berkshire, RG10
DA

Old Silk Mill, Silk Lane, Twyford, Berkshire, RG10

By Davis Tate

£ 210,000

Reviews

2 out of 5 stars

Davis Tate says ..

Two bedroom first floor apartment located in a development suitable for those aged 55 and over. Offering a vacant property with no onward chain this two bedroom apartment further benefits from a communal lounge and gardens as well as a residents car park and laundry facility. EPC rating C.

Property Oracle says ..

This two-bedroom, first-floor apartment in Twyford, Berkshire, is situated within a retirement complex exclusively for those aged 55 and over. The property offers a vacant property with no onward chain and is conveniently located near the train station, making commuting to Reading and London relatively straightforward. The development itself includes a communal lounge, gardens, a residents’ car park, and a laundry facility.

The internal images reveal an apartment in adequate but somewhat dated condition. The decor and fixtures are somewhat worn. The kitchen and bathrooms are functional but may need updating to match modern preferences. The apartment is relatively spacious, however the absence of any significant private outdoor space is a noteworthy limitation.

The price point sits within the range of other similar properties within the locality; however, the apartment does not offer the highest value for money compared to nearby alternatives due to the dated condition and lack of land. The absence of detailed square footage information for comparable properties makes a precise price per square foot analysis difficult. However, given the amenities provided within the retirement development and the location, the price is justified within the market range for this type of property and in this specific location. Potential buyers should carefully consider their priorities when making an offer.

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
6
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
699.65

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
383,000.00 £
Decreased by 26.06 %
from 517,962.00 £
Est sale value
300,849.50 £
Decreased by 26.75 %
from 410,694.55 £
Average area rental value
2,089.00 £/mo
Increased by 8.80 %
from 1,920.00 £/mo
Est letting value
1,399.30 £/mo
Unchanged by 0.00 %
from 1,399.30 £/mo
Est rental Yield
6.55 %
Increased by 47.19 %
from 4.45 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Davis Tate created the listing.

Nearby Schools

NameTypeOfstedDistance
Polehampton Church Of England Infant SchoolAcademy Converter0.81 KM
Polehampton Church Of England Junior SchoolAcademy Converter1.10 KM
The Piggott SchoolAcademy ConverterGood1.42 KM
The Starlings Children'S CentreChildren's Centre1.61 KM
The Colleton Primary SchoolCommunity SchoolGood1.71 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Pine Grove £ 000.00 KM
Vale View £ 395,00000.00 KM
Willow Drive £ 000.00 KM
Southview Close £ 000.00 KM
Edward Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Twyford3155TWY0.94 KM
Wargrave3158WGV2.35 KM
Shiplake3150SHI3.96 KM
Winnersh Triangle5698WTI5.05 KM
Winnersh5697WNS5.31 KM

Nearby Listings

AddressPriceTypeScoreDistance
Old Silk Mill, Silk Lane, Twyford, Berkshire, RG10 £ 210,000BUY5 / 100.00 KM
Silk Lane, Twyford, RG10 £ 165,000BUY6 / 100.00 KM
Silk Lane, Twyford, Reading, Berkshire, RG10 £ 275,000BUYUnknown0.01 KM
Silk Lane, Twyford, Reading, Berkshire, RG10 £ 189,000BUY5 / 100.01 KM
Silk Lane, Twyford, Reading, Berkshire, RG10 £ 175,000BUY5 / 100.02 KM

Nearby Properties

AddressPriceDistance
52 High Street £ 450,0000.13 KM
38 High Street £ 240,0000.13 KM
54 High Street £ 74,9500.13 KM
Coach House £ 960,0000.13 KM
58a High Street £ 375,0000.13 KM