3 Bed Terraced House, Single Let, Reading, RG2 0GY, £425,000

Kennet Island, Reading, RG2 0GY - 3 views - 8 months ago

BTL
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£225K - £500K
Sold Prices/m²£3K/m² - £6.2K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£372,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£24,700

Total Cash In

£130,950

 

 

Cash Out

 

Rent Range

£1,400 - £4,000

Rent Estimate

£1,438

Running Costs/mo

£1,636

Cashflow/mo

£-198

Cashflow/yr

£-2,373

Gross Yield

4%

Local Sold Prices

50 sold prices from £225K to £500K, average is £337K. £3K/m² to £6.2K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£300K03/230.31 mi422, Basingstoke Road, Reading RG2 0JQ3
£290K01/210.34 mi10, Newlyn Gardens, Reading RG2 8BD3
£330K02/230.35 mi13, Callington Road, Reading RG2 7QQ3
£445K01/230.36 mi291, Basingstoke Road, Reading RG2 0JA3
£385.5K10/210.37 mi8, Padstow Gardens, Reading RG2 8BB3
£293K02/230.41 mi465, Basingstoke Road, Reading RG2 0JG3
£355K08/230.46 mi5, Corinne Close, Reading RG2 8AA3
£314K12/210.49 mi25, Hartland Road, Reading RG2 8AB3
£255K08/210.5 mi30, Buckland Road, Reading RG2 7SN3
£375K06/230.51 mi31, Buckland Road, Reading RG2 7ST3
£370K04/210.51 mi5, Whitstone Gardens, Reading RG2 8AL3
£336K08/210.51 mi2, Chudleigh Gardens, Reading RG2 7RH3
£370K11/200.51 mi11, Chudleigh Gardens, Reading RG2 7RH3
£260K04/210.51 mi46, Tavistock Road, Reading RG2 7SR3
£405K01/230.51 mi1, Tavistock Road, Reading RG2 7SR3
£350K10/210.56 mi5, Landrake Crescent, Reading RG2 8AJ3
£395K12/220.58 mi26, Long Barn Lane, Reading RG2 7SZ3
£287.5K08/210.59 mi61, Hartland Road, Reading RG2 8AD3
£410K12/220.62 mi277, Northumberland Avenue, Reading RG2 7QD3
£340K12/220.63 mi103, Ambrook Road, Reading RG2 8SW3
£270K05/230.63 mi110, Ambrook Road, Reading RG2 8SW3
£405K07/230.63 mi86, Ambrook Road, Reading RG2 8SW3
£290K04/210.65 mi3, Totnes Road, Reading RG2 7NY3
£317K07/210.68 mi190, Northumberland Avenue, Reading RG2 7PU3
£285K03/210.68 mi180, Northumberland Avenue, Reading RG2 7PU3
£295K02/210.69 mi25, Ambrook Road, Reading RG2 8SL3
£260K05/210.7 mi35, Torrington Road, Reading RG2 7NU3
£325K05/210.7 mi24, Torrington Road, Reading RG2 7NU3
£345K11/220.7 mi15, Torrington Road, Reading RG2 7NU3
£357K04/210.71 mi33, Blagdon Road, Reading RG2 7NT3
£355K06/230.73 mi51, Greenfields Road, Reading RG2 8SG3
£315K08/210.73 mi93, Greenfields Road, Reading RG2 8SG3
£450K03/230.73 mi35, Greenfields Road, Reading RG2 8SG3
£356K09/210.73 mi31, Brayford Road, Reading RG2 8LT3
£356K09/210.73 mi31, Brayford Road, Reading RG2 8LT3
£290K03/210.74 mi47, Blandford Road, Reading RG2 8RG3
£330K04/230.74 mi8, Winchester Road, Reading RG2 0EY3
£327K03/210.74 mi22, Winchester Road, Reading RG2 0EY3
£225K12/200.74 mi21, Winchester Road, Reading RG2 0EY3
£500K12/220.75 mi35, Champlain Street, Reading RG2 6AE3
£385K11/220.75 mi44, Greenfields Road, Reading RG2 8SF3
£285K12/200.77 mi361, Elgar Road South, Reading RG2 0DP3
£320K06/210.78 mi2, Greenfields Road, Reading RG2 8SE3
£338K06/230.8 mi25, Surrey Road, Reading RG2 0EU3
£350K06/210.8 mi12, Surrey Road, Reading RG2 0EU3
£255K03/210.81 mi11, Byworth Close, Reading RG2 8SH3
£421.5K01/230.81 mi22, Exbourne Road, Reading RG2 8RH3
£372K06/210.81 mi101, Northumberland Avenue, Reading RG2 7PT3
£415K09/210.82 mi86, Northumberland Avenue, Reading RG2 7PP3
£269K09/210.82 mi180, Staverton Road, Reading RG2 7JY3

Local Rents

44 rents from £1.4K/mo to £4K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,95007/240.03 miWoolhampton Way, Reading, RG23
£2,00008/240.08 miGweal Avenue, Reading, Berkshire, RG23
£4,00007/240.09 mi-3
£1,70007/240.1 miSt. Agnes Way, Reading, Berkshire, RG23
£1,89508/240.1 miSt. Agnes Way, Kennet Island3
£2,00008/240.1 miGweal Avenue, Reading, Berkshire, RG23
£1,70007/240.1 miKennet Island, Reading3
£1,85002/240.11 mi-3
£2,45010/230.11 miLongships Way, Reading, Berkshire, RG23
£1,69507/240.11 miFair Isle Way, Kennet Island3
£1,40007/240.11 miGweal Avenue, Kennet Island3
£1,80011/240.11 mi-3
£1,90009/240.11 miHavergate Way, Kennet Island3
£2,00007/240.11 miGweal Avenue, Reading, Berkshire, RG23
£1,90009/240.12 miHavergate Way, Reading, RG23
£1,90009/240.12 mi-3
£3,30002/240.12 mi-3
£3,30008/240.12 mi-3
£3,30008/240.12 mi-3
£3,20012/240.12 mi-3
£3,50010/240.13 mi-3
£1,85010/240.14 mi-3
£2,00007/240.15 miGweal Avenue, Reading, RG23
£2,00007/240.15 miLongships way, Kennet Island, RG23
£2,00007/240.19 miWoolhampton Way, Reading, RG23
£1,95007/240.19 miWoolhampton Way, Reading, RG23
£1,80008/240.21 miWoolhampton Way, Reading, Berkshire, RG23
£1,99510/230.22 miGreenham Avenue, Reading, Berkshire, RG23
£1,85009/240.23 mi-3
£1,75007/240.32 miBasingstoke Rd, Reading3
£1,95008/240.39 mi-3
£1,65007/240.46 miBasingstoke Road, Reading, Berkshire, RG23
£2,10007/240.49 miSunapee Road, Reading, Berkshire, RG23
£1,65001/250.5 mi-3
£1,57503/250.5 mi-3
£1,70012/240.5 mi-3
£1,85012/240.5 mi-3
£2,80002/250.5 mi-3
£1,60007/240.52 miTavistock Road, Reading, Berkshire, RG23
£2,00003/250.53 mi-3
£1,40007/240.54 miDawlish Road, Whitley3
£1,80007/240.54 miBasingstoke Road, Reading, RG23
£1,80007/240.54 mi-3
£1,50007/240.55 miDawlish Road, Reading, Berkshire, RG23

Local Area Statistics

Population in RG2

36,866

Population in Reading

321,187

Town centre distance

1.56 miles away

Nearest school

0.40 miles away

Nearest train station

1.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

-3%

Property History

Price changed to £425,000

December 4, 2024

Listed for £450,000

August 27, 2024

Floor Plans

Description

  • Kennet Island +
  • Three bedrooms +
  • Modern kitchen with appliances +
  • Living/dining room opening onto gardens +
  • Ground floor cloakroom +
  • Master bedroom with en-suite +
  • Enclosed gardens +
  • Parking +
  • No chain +

Property Description

Set in the popular development of Kennet Island is this three bedroom home. Accommodation includes modern kitchen with appliances, living/dining room, ground floor cloakroom, three bedrooms, en-suite to master, bathroom, boarded loft, parking and enclosed rear gardens.

Property Details

Video Viewings:
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Agent Details

Chancellors, Reading

0118 230 1565

Next Steps?

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