Overdown Road, Tilehurst, Reading, RG31
AR

Overdown Road, Tilehurst, Reading, RG31

By Arins

£ 500,000

Reviews

2 out of 5 stars

Arins says ..

Arins Property Services - Offered to the market with no onward chain complications is this three double bedroom detached property that offers fantastic potential to extend (STPP). The property is situated in an extremely desirable location, being within walking distance of Tilehurst train...

Property Oracle says ..

This three-bedroom, detached property in Tilehurst, Reading, presents a mixed bag of attributes. Its location is a strong point, with nearby reputable schools and convenient access to Tilehurst train station. The proximity to Reading town centre and various amenities is also advantageous. However, the property’s condition needs attention. The interior requires modernisation, as evidenced by dated kitchen and bathroom fixtures, worn carpets, and relatively simplistic décor. While habitable, it may necessitate a substantial investment to improve and enhance the property to a modern standard. The garden is present but lacks size and may need some work to bring up to standards. The asking price of £500,000 seems relatively aligned with the market in this area given recent comparables, but potential buyers should factor in costs related to renovations and updates. A full property survey is strongly recommended before purchasing to ascertain structural integrity and to plan for potential renovations. Overall, the property offers potential but requires significant investment to achieve its full value. Buyers should carefully weigh the costs of necessary improvements against the benefits of the location.

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
5
Location
7
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
1,212.02

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
557,273.00 £
Increased by 9.25 %
from 510,104.00 £
Est sale value
618,130.20 £
Increased by 6.47 %
from 580,557.58 £
Average area rental value
1,975.00 £/mo
Increased by 20.65 %
from 1,637.00 £/mo
Est letting value
1,212.02 £/mo
Unchanged by 0.00 %
from 1,212.02 £/mo
Est rental Yield
4.25 %
Increased by 10.39 %
from 3.85 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Arins created the listing.

Nearby Schools

NameTypeOfstedDistance
Westwood Farm Infant SchoolCommunity SchoolOutstanding0.33 KM
Westwood Farm Junior SchoolCommunity SchoolGood0.33 KM
Brookfields Special SchoolCommunity Special SchoolOutstanding0.57 KM
Downsway Primary SchoolCommunity SchoolGood0.97 KM
Long Lane Primary SchoolCommunity SchoolGood1.40 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Holt £ 000.00 KM
Ventnor Road £ 000.00 KM
Hazelwood Close £ 457,50000.00 KM
Lister Close £ 000.00 KM
Hayfield Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Tilehurst3154TLH1.38 KM
Theale3153THE5.50 KM
Pangbourne3036PAN5.57 KM
Reading West3160RDW6.01 KM
Reading3149RDG7.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Overdown Road, Tilehurst, Reading, RG31 £ 500,000BUY5 / 100.00 KM
Fairford Road, Tilehurst, Reading, Berkshire, RG31 £ 450,000BUYUnknown0.08 KM
Fairford Road, Tilehurst, Reading, Berkshire, RG31 £ 450,000BUYUnknown0.08 KM
Fairford Road, Tilehurst, Reading, Berkshire, RG31 £ 465,000BUY7 / 100.08 KM
Overdown Road, Tilehurst, Reading £ 450,000BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
188 Overdown Road £ 419,0000.01 KM
192 Overdown Road £ 560,0000.01 KM
172 Overdown Road £ 310,0000.01 KM
180 Overdown Road £ 345,0000.01 KM
202 Overdown Road £ 540,0000.01 KM