Kings Road, Reading
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Kings Road, Reading

By Goldschmidt & Howland

£ 6,950,000

Reviews

3 out of 5 stars

Goldschmidt & Howland says ..

*** INVESTMENT FOR SALE *** Three freehold income producing investment located in the desirable conservation area of Reading. Three extremely attractive buildings consists of a total 21 units which comprises of , 1x studio, 6 x one bedroom, 13 x two bedrooms and 1 x three-bedrooms lux...

Property Oracle says ..

The property is located on Kings Road in the Abbey area of Reading, Berkshire. The area benefits from its proximity to Reading train station (1.57km), providing convenient access to London and other major cities. Several schools are within a short distance, including Red Balloon Learner Centre Reading (0.11km), St John’s Church of England Primary School (0.59km), and The Deenway Montessori School (0.61km). The presence of these amenities contributes positively to the location score. Based on the provided images, the property appears to be in excellent condition. The interior is modern and well-maintained, with updated fixtures and finishes. There is no visible evidence of wear or damage. The exterior is also well-presented. This suggests a high condition score. The plot size is listed as 0.00 sqft, indicating a lack of significant private outdoor space. While there is some communal green space visible in the photos, this is not equivalent to a private garden. This will likely result in a lower land score. The list price of £6,950,000 is significantly higher than the average price of £340,786 for the area. The average price per square foot in the area is £380.00, and while the property’s square footage is not provided, the list price suggests a substantial premium. Considering the property’s condition and location, the price may be justified, but a detailed analysis of comparable properties and the property’s square footage would be needed to determine if it represents good value. Therefore, the price score will reflect this uncertainty. The property has a modern design and is in a very good location. However, the lack of a private garden and the high price relative to area averages will need to be taken into account.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
10
Location
9
Land
3
Bedrooms
35
Bathrooms
36
Sqft (est)
1,277.68

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
550,680.08 £
Increased by 20.73 %
from 456,131.76 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
1,277.68 £/mo
Unchanged by 0.00 %
from 1,277.68 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Goldschmidt & Howland created the listing.

Nearby Schools

NameTypeOfstedDistance
Red Balloon Learner Centre ReadingOther Independent School0.11 KM
St John'S Church Of England Primary SchoolAcademy ConverterRequires improvement0.59 KM
The Deenway Montessori SchoolOther Independent SchoolGood0.61 KM
Kendrick SchoolAcademy Converter0.73 KM
The Abbey School ReadingOther Independent School0.75 KM

Images

Picture No. 02 Picture No. 25 Picture No. 12 Picture No. 13 Picture No. 04 Picture No. 05 Picture No. 37 Picture No. 32 Picture No. 26 Picture No. 06 Picture No. 08 Picture No. 15 Picture No. 31 Picture No. 09 Picture No. 11 Picture No. 35 Picture No. 36 Picture No. 10 Picture No. 17 Picture No. 22 Picture No. 21 Picture No. 23 Picture No. 07 Picture No. 16 Picture No. 19 Picture No. 33 Picture No. 46

Nearby Streets

NameAverage PriceAverage SqftDistance
Queens Road £ 287,00000.00 KM
Joseph Huntley Walk £ 375,00000.00 KM
Blake's Wharf £ 280,00000.00 KM
Carraway Street £ 300,00000.00 KM
London Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading3149RDG1.57 KM
Reading West3160RDW3.51 KM
Earley5694EAR4.70 KM
Winnersh Triangle5698WTI7.67 KM
Tilehurst3154TLH8.13 KM

Nearby Listings

AddressPriceTypeScoreDistance
Kings Road, Reading £ 6,950,000BUY7 / 100.00 KM
Kings Road, Reading £ 1,900,000BUY6 / 100.00 KM
Kings Road, Reading £ 5,500,000BUY6 / 100.01 KM
Alexandra House, 169-171 Kings Road, Reading, Berkshire, RG1 £ 250,000BUYUnknown0.01 KM
Reading, Berkshire, RG1 £ 340,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
30 Arthur Place £ 160,0000.10 KM
26 Arthur Place £ 170,0000.10 KM
20 Arthur Place £ 157,0000.10 KM
15 Arthur Place £ 135,0000.10 KM
1 Town Place £ 171,0000.13 KM