Flat 2, Milman, Reading, RG2
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Flat 2, Milman, Reading, RG2

By UK Property Sellers

£ 185,000

Reviews

2 out of 5 stars

UK Property Sellers says ..

Full descriptionTenure: Leasehold Reading Borough Council Situated on Milman Road, close to the amenities available in Reading Town Centre including Reading Train Station. A Self-Contained Ground Floor Flat requiring modernisation with accommodation comprising: · Entrance Hall · Reception ...

Property Oracle says ..

This ground floor flat in Reading’s Katesgrove area is listed for £185,000. The property’s location is a strong point, being within close proximity to Reading town centre, offering easy access to a wide range of amenities, including shops, restaurants, and entertainment venues. The nearby Reading Train Station ensures excellent connectivity to other parts of the UK. Furthermore, its proximity to several schools, including New Christ Church Church of England Primary School, adds to its appeal.

The property’s interior, however, requires some work. While the provided images show a habitable space, the property would benefit from renovations. The kitchen particularly appears dated and in need of modernization; there may be other areas in need of attention not shown. The overall condition is a limiting factor.

The property’s size remains unspecified, which makes it challenging to provide a definitive assessment of its value for money. The lack of garden space is also a notable drawback for many buyers. Comparing to nearby properties, while some are listed higher and lower, the listed price suggests it may be a good investment property, especially to a buyer interested in improving the property and renting it out in the near future. However, potential buyers should undertake a thorough inspection and obtain professional valuation advice before making a purchase decision. A lack of precise property data, such as the square footage, is a hinderance in the overall assessment of the property, and further investigation is necessary.

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
1
Bedrooms
1
Bathrooms
1

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
327,000.00 £
Increased by 3.23 %
from 316,782.00 £
Average area rental value
1,287.00 £/mo
Decreased by 3.31 %
from 1,331.00 £/mo
Est rental Yield
4.72 %
Decreased by 6.35 %
from 5.04 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • UK Property Sellers created the listing.

Nearby Schools

NameTypeOfstedDistance
New Christ Church Church Of England Primary SchoolAcademy Converter0.16 KM
The Palmer Primary AcademyAcademy Sponsor LedGood0.37 KM
Trinity Christian SchoolOther Independent School0.47 KM
The Avenue Special SchoolAcademy Special ConverterOutstanding0.51 KM
Oneschool Global Reading Senior CampusOther Independent School0.78 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Mount Street £ 000.00 KM
Highgrove Terrace £ 000.00 KM
Lynden Mews £ 165,00000.00 KM
Elgar Road £ 000.00 KM
Sherfield Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading3149RDG1.78 KM
Reading West3160RDW2.86 KM
Earley5694EAR5.46 KM
Tilehurst3154TLH7.58 KM
Winnersh Triangle5698WTI8.43 KM

Nearby Listings

AddressPriceTypeScoreDistance
Flat 2, Milman, Reading, RG2 £ 185,000BUY5 / 100.00 KM
Milman Road, Reading, RG2 £ 340,000BUYUnknown0.00 KM
Milman Road, Reading, Berkshire, RG2 £ 150,000BUY5 / 100.04 KM
Mitcham Close, Reading, Berkshire, RG2 £ 375,000BUY6 / 100.05 KM
Milman Road, Reading, Berkshire, RG2 £ 495,000BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
25b Milman Road £ 205,0000.01 KM
27b Milman Road £ 125,0000.01 KM
61 Milman Road £ 275,0000.01 KM
67 Milman Road £ 281,0000.01 KM
5 Milman Road £ 415,0000.01 KM