Prospect Estate Agency says ..

Property Oracle says ..

This one-bedroom, one-bathroom apartment located on Eldon Road in Reading’s Abbey area presents a mixed opportunity. The property benefits from a location close to Reading town centre, Reading Train Station, and several schools, making it attractive for commuters and families. However, the provided images reveal that the property is in need of substantial modernisation. The interior appears dated, with finishes that would likely require a complete overhaul. The kitchen and bathroom are functional but lack contemporary appeal. There is a clear need for renovation and updating to bring it up to market standards.

The absence of significant plot size limits any outdoor space. The lack of detailed information on comparable properties with specific square footage makes a precise assessment of the price per square foot difficult. However, considering the necessary renovations, the asking price of £180,000 may require careful negotiation, as this will significantly add to the overall cost of acquisition.

Potential buyers should factor the considerable costs associated with renovation and modernisation into their budget. While the location offers advantages, the condition of the property will require significant investment to reach optimal condition. A thorough survey and professional assessment are recommended before making any purchasing decisions.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images