3 Bed Semi-Detached House, Planning Permission, Reading, RG1 6JA, £585,000

Hungerford Drive, Reading, RG1 6JA - 10 months ago

Planning
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£150K - £620K
Sold Prices/m²£2.5K/m² - £6.2K/m²

 

 

Square Metres

~93 m²
Price/m²£6.3K/m²

Value Estimate

£400,116

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£146,250

Stamp Duty & Legal Fees

£35,500

Total Cash In

£181,750

 

 

Cash Out

 

Rent Range

£1,300 - £3,545

Rent Estimate

£1,498

Running Costs/mo

£2,148

Cashflow/mo

£-650

Cashflow/yr

£-7,797

Gross Yield

3%

Local Sold Prices

50 sold prices from £150K to £620K, average is £375K. £2.5K/m² to £6.2K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£475K03/210.03 mi28, Baydon Drive, Reading RG1 6JB3
£550K03/220.05 mi16, Ashley Road, Reading RG1 6HT3
£462K05/210.12 mi9, Upavon Drive, Reading RG1 6LP3
£425K02/220.13 mi12, Froxfield Avenue, Reading RG1 6LR3
£375K09/210.15 mi21, Edenham Crescent, Reading RG1 6HU3
£367.1K05/210.15 mi35, Edenham Crescent, Reading RG1 6HU3
£345K06/210.15 mi17, Edenham Crescent, Reading RG1 6HU3
£348K02/210.17 mi34, Portway Close, Reading RG1 6LB3
£375K03/230.17 mi31, Portway Close, Reading RG1 6LB3
£340K02/230.18 mi83, Coley Avenue, Reading RG1 6LT3
£380K04/230.21 mi91, Swallows Croft, Reading RG1 6EH3
£463K06/210.24 mi11, Southcote Lane, Reading RG30 3AA3
£450K06/230.24 mi11, Carsdale Close, Reading RG1 6DL3
£360K09/220.24 mi179, Wensley Road, Reading RG1 6DU3
£315K11/200.24 mi38, Lesford Road, Reading RG1 6DX3
£298K12/200.24 mi5, Lesford Road, Reading RG1 6DX3
£410K04/230.24 mi41, Lesford Road, Reading RG1 6DX3
£620K07/230.26 mi31, Kenilworth Avenue, Reading RG30 3DL3
£422.5K07/230.26 mi41, Wensley Road, Reading RG1 6DQ3
£341K09/210.26 mi194, St Saviours Road, Reading RG1 6EU3
£350K07/230.26 mi184, St Saviours Road, Reading RG1 6EU3
£320.5K07/210.27 mi2, Bucknell Court, Reading RG1 6FB3
£465K11/220.28 mi159, St Saviours Road, Reading RG1 6EY3
£250K11/220.29 mi6, Heron Way, Reading RG1 6DY3
£550K03/230.29 mi50, Kenilworth Avenue, Reading RG30 3DN3
£565K11/220.3 mi44, Berkeley Avenue, Reading RG1 6JE3
£370K12/200.3 mi6, Tintern Crescent, Reading RG1 6HA3
£354K06/210.3 mi15, Tintern Crescent, Reading RG1 6HB3
£315K11/210.31 mi7, Tupsley Road, Reading RG1 6EX3
£340K03/230.31 mi9, Tupsley Road, Reading RG1 6EX3
£368K06/210.31 mi130, St Saviours Road, Reading RG1 6ET3
£335K04/210.32 mi69, Brunswick Street, Reading RG1 6NY3
£150K12/200.32 mi85, Brunswick Street, Reading RG1 6NY3
£266K03/210.37 mi9, Belle Vue Terrace, Reading RG1 6PA3
£355K03/210.37 mi121, St Saviours Road, Reading RG1 6EP3
£290K12/200.38 mi250, Wensley Road, Reading RG1 6DP3
£422.5K01/210.38 mi6, Berkeley Avenue, Reading RG1 6JE3
£400K10/220.39 mi25, Coley Avenue, Reading RG1 6LJ3
£330K09/210.4 mi38, Trelleck Road, Reading RG1 6EN3
£450K12/220.41 mi31, Trelleck Road, Reading RG1 6EN3
£313.5K11/200.41 mi52, Boston Avenue, Reading RG1 6JU3
£410K03/210.41 mi36, Boston Avenue, Reading RG1 6JU3
£492.5K02/210.42 mi18, Winser Drive, Reading RG30 3EQ3
£465K01/210.42 mi20, Winser Drive, Reading RG30 3EQ3
£294K03/210.42 mi44a, Winser Drive, Reading RG30 3EQ3
£400K01/230.42 mi24, Winser Drive, Reading RG30 3EQ3
£411K02/210.42 mi110, Kenilworth Avenue, Reading RG30 3DW3
£550K09/210.43 mi8, Berkeley Avenue, Reading RG1 6JE3
£450K11/220.45 mi5, Deepdene Close, Reading RG1 7YX3
£375K11/200.45 mi4, Deepdene Close, Reading RG1 7YX3

Local Rents

45 rents from £1.3K/mo to £3.5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,72503/250.09 mi-3
£1,85007/240.11 miBath Road, Reading, RG13
£1,75007/240.11 miFroxfield Avenue, Reading, RG13
£1,75007/240.12 miFroxfield Avenue, Reading, RG13
£1,77507/240.13 miBenyon Court, Reading, RG13
£1,75007/240.13 miBenyon Court, Bath Road, Reading, Berkshire, RG13
£2,25007/240.14 mi-3
£1,65008/240.17 miPortway Close3
£1,70001/250.22 mi-3
£1,70007/240.24 miCarsdale Close, Reading, Berkshire, RG13
£1,55007/240.25 miBrunswick Street, Reading, RG13
£1,60007/240.25 miBath Road, Reading, RG13
£1,90007/240.29 miKenilworth Avenue, Reading, RG303
£1,90007/240.29 miKenilworth Avenue, Reading, Berkshire, RG303
£1,79501/250.29 mi-3
£1,90007/240.31 miKenilworth Avenue, Reading3
£1,90008/240.31 miKenilworth Avenue, Reading3
£1,30010/230.31 miYew Lane, Reading, Berkshire, RG13
£1,80008/240.32 mi-3
£2,00002/240.32 mi-3
£1,55007/240.33 mi-3
£1,55007/240.33 miBrunswick Street, Reading, RG13
£1,60007/240.34 miYew Lane, Reading, Berkshire, RG13
£1,50002/240.36 mi-3
£1,50012/240.37 mi-3
£3,00012/240.38 mi-3
£1,65007/240.41 miBerkeley Avenue, Reading, Berkshire, RG13
£1,70007/240.42 miWinser Drive, Reading3
£3,20007/240.45 mi-3
£1,62507/240.45 mi-3
£3,54502/250.46 mi-3
£1,75007/240.46 miGloucester Road, Reading, RG303
£1,45010/230.49 miGloucester Court, Reading, RG30 2TW3
£1,60007/240.51 miChurch Terrace, Reading, RG13
£1,75003/250.52 mi-3
£1,60007/240.52 miGloucester Road, Reading3
£1,50004/250.55 mi-3
£1,57508/240.56 mi3 Bedroom House, Wolseley Street, Reading3
£1,69504/250.56 mi-3
£1,65007/240.57 miClifton Street, Reading3
£1,65009/240.57 mi-3
£1,80012/240.59 mi-3
£1,49507/240.61 miKent Road, Reading3
£1,90008/240.61 miCarey Street, Reading, Berkshire, RG13
£2,00008/240.62 mi-3

Local Area Statistics

Population in RG1

43,085

Population in Reading

321,187

Town centre distance

0.83 miles away

Nearest school

0.20 miles away

Nearest train station

0.60 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+7%

Property History

Listed for £585,000

July 3, 2024

Floor Plans

Description

  • No Onward Chain +
  • Potential To Extend STPP +
  • Prime Central Location +
  • Sought After Road +
  • Corner Plot Garden +
  • Ample Driveway Parking & Garage +
  • Good School Catchments +
  • Walking Distance To The Station +
  • Book Viewings Online +

The Property
An elegant 1930's extended bay fronted semi-detached home with further potential to extend STTP occupying a good size plot with a beautifully rear garden situated on this highly sought after road within a mile of Reading Town centre. NO ONWARD CHAIN

Upon entering the property, there is a spacious living room featuring a beautiful bay-fronted window, adding a touch of character to the home. The fireplace provides a cozy atmosphere, perfect for those cold winter evenings. The second reception room also boasts a fireplace, creating a warm and inviting space.

The kitchen is modern and open plan, equipped with the latest appliances, allowing you to prepare delicious meals for family and friends. The stunning open plan conservatory adds a touch of luxury and provides a perfect space for relaxation.

This property offers three bedrooms, providing ample space for a growing family. Bedroom one is a spacious double room, featuring a bay-fronted window that fills the room with natural light. Bedroom two is also a double room, while bedroom three is a comfortable single room. The large four-piece bathroom boasts a separate shower and a dual aspect, creating a bright and airy space.

Outside, you will find a large south-west facing corner plot garden with tremendous potential to extend further, subject to relevant planning permission. Ample parking and garage.

Location
Situated in prime Reading location that offers easy access to the town centre and mainline station, and with Reading West station within just a few minute's walk. The Kennet & Avon canal/Holybrook are both very close by where cycling and walking can be enjoyed. The Wren school, Blessed Hugh Faringdon and Southcote primary schools are all within walking distance. If you don't want to venture into the town centre there is an Asda superstore nearby and Prospect Park, with acres of open park land, is also within a short distance. M4 J11 & J12 are approx. 2 miles away.

Why not view the property online with our 3d smart tour and download our award-winning App.

TO BOOK A VIEWING - Use the brochure link in the full property description in the Rightmove advert or book online via the Purplebricks Website, App or Call Centre.

All viewings are by appointment and please give 48 working hours notice.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Reading

020 3834 7934

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪