2 Bed Flat, Single Let, Reading, RG4 7RE, £450,000

TREETOPS The Mount, Reading, RG4 7RE - 6 months ago

Leasehold
BTL
98 m²
+8 photos

ValuationFair Value

Sold Prices£180K - £585K
Sold Prices/m²£3K/m² - £5.7K/m²

 

 

Square Metres

98 m²
Price/m²£4.6K/m²

Value Estimate

£446,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,250 - £3,280

Rent Estimate

£1,295

Running Costs/mo

£1,685

Cashflow/mo

£-390

Cashflow/yr

£-4,683

Gross Yield

3%

Local Sold Prices

39 sold prices from £180K to £585K, average is £265K. £3K/m² to £5.7K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£490K05/210.01 miFlat 5, Treetops, The Mount, Caversham, Reading RG4 7RE2
£485K06/210.01 miFlat 10, Treetops, The Mount, Caversham, Reading RG4 7RE2
£585K03/230.01 miFlat 9, Treetops, The Mount, Caversham, Reading RG4 7RE2
£243.5K12/200.09 miFlat 4, Warren House Court, St Peters Avenue, Caversham, Reading RG4 7RG2
£350K10/220.3 mi57, Abbotsmead Place, Caversham, Reading RG4 8BB2
£395K10/200.3 mi37, Abbotsmead Place, Caversham, Reading RG4 8BB2
£269K06/210.3 mi4, Abbotsmead Place, Caversham, Reading RG4 8BB2
£277K03/210.3 mi2, Abbotsmead Place, Caversham, Reading RG4 8BB2
£295K03/210.3 mi20, Abbotsmead Place, Caversham, Reading RG4 8BB2
£330K04/230.3 mi45, Abbotsmead Place, Caversham, Reading RG4 8BB2
£340K02/230.32 mi11, Abbotsmead Place, Caversham, Reading RG4 8BB2
£257.5K05/210.35 miFlat 26, Caversham Place, Richfield Avenue, Reading RG1 8BY2
£335K12/220.38 mi9, Abbotsmead Place, Caversham, Reading RG4 8BB2
£250K06/210.47 miFlat 5, Beech Court, Balmore Park, Caversham, Reading RG4 8PY2
£265K05/210.47 miFlat 3, Larch Court, Balmore Park, Caversham, Reading RG4 8PY2
£229.9K01/210.49 mi187, Hemdean Road, Caversham, Reading RG4 7QX2
£330K01/230.55 mi86, Elliots Way, Caversham, Reading RG4 8BF2
£295K02/230.55 mi74, Elliots Way, Caversham, Reading RG4 8BF2
£300K04/210.55 miFlat 18, Regents Riverside, Brigham Road, Reading RG1 8QS2
£363K06/230.55 miFlat 57, Regents Riverside, Brigham Road, Reading RG1 8QS2
£250K12/200.56 mi63, Sheridan Avenue, Caversham, Reading RG4 7QB2
£227.5K09/210.57 mi2, Waller Court, Caversham, Reading RG4 6DB2
£260K02/210.57 mi28, Waller Court, Caversham, Reading RG4 6DB2
£230K03/210.57 mi14, Waller Court, Caversham, Reading RG4 6DB2
£262.5K09/210.57 mi91, Elliots Way, Caversham, Reading RG4 8BW2
£265K03/210.57 mi71, Elliots Way, Caversham, Reading RG4 8BW2
£250K10/220.59 mi94, Gosbrook Road, Caversham, Reading RG4 8BJ2
£198K12/200.6 mi59b, Cardiff Road, Reading RG1 8ET2
£230K05/210.63 mi168, Gosbrook Road, Caversham, Reading RG4 8BJ2
£265K10/220.7 mi140, Gosbrook Road, Caversham, Reading RG4 8BJ2
£395K01/210.7 miFlat 6, Avenue House, Upper Warren Avenue, Caversham, Reading RG4 7EF2
£234K10/200.72 miFlat 16, Jeffrey Place, Caversham Road, Reading RG1 7AY2
£255K03/210.74 mi35, Field View, Caversham, Reading RG4 5HD2
£185K03/210.74 mi19, Regency Heights, Caversham, Reading RG4 7RH2
£215K04/230.85 mi23, Stratheden Place, Reading RG1 7BH2
£250K02/210.89 miFlat 21, Projection West, Merchants Place, Reading RG1 1ET2
£180K06/230.89 miFlat 19, Icon House, Merchants Place, Reading RG1 1EQ2
£367.5K02/210.91 mi6, George Close, Caversham, Reading RG4 5EW2
£215K10/210.95 mi29, Bedford Road, Reading RG1 7EU2

Local Rents

50 rents from £1.3K/mo to £3.3K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£2,20012/240 miTreetops, Caversham, Reading2
£2,20012/240 miTreetops, The Mount, Caversham, Reading, Berkshire, RG42
£2,15012/240.07 miTreetops, The Mount, Reading2
£1,40007/240.11 mi2 Auburn Court2
£1,50012/240.14 mi-2
£1,80001/250.15 mi-2
£1,30002/240.28 mi-2
£1,25007/240.3 miSt. Martins Precinct, Church Street, Caversham, Reading, RG42
£1,37507/240.3 miAbbotsmead Place, Wolsey Road, Caversham, Reading, RG42
£1,70001/240.31 mi-2
£1,75007/240.32 miCaversham, Reading2
£1,37512/240.32 mi-2
£1,75012/240.32 miRiverside Court, Caversham, Reading2
£1,69507/240.32 miRiverside Court, Caversham2
£1,45007/240.32 miAbbotsmead Place2
£1,65003/250.36 mi-2
£1,27507/240.38 miRandolph Road2
£1,35009/240.38 miRandolph Road2
£1,39508/240.41 miDenbeigh Place2
£1,30007/240.42 miCaversham Road, Reading2
£1,35007/240.42 miCaversham Road, Reading2
£1,40007/240.43 mi-2
£1,75012/240.43 miNorth Street, Caversham2
£1,65012/240.43 mi-2
£1,55004/250.44 mi-2
£1,29507/240.46 miKidmore Road, Caversham, Reading, Berkshire, RG42
£1,40004/250.47 mi-2
£1,35009/240.51 mi-2
£1,35008/240.51 miSwansea Road, Reading, RG12
£1,29507/240.51 miAsh Court, Balmore Park, Reading2
£1,80007/240.52 miDellwood Park, Caversham, Berkshire, RG42
£1,29502/250.53 mi-2
£1,45012/240.53 miCharlotte Close, Caversham, Reading, RG42
£1,79507/240.54 miRegents Riverside, Brigham Road, Reading, Berkshire, RG12
£1,58010/240.54 mi-2
£1,60008/240.54 miSwansea Road, Reading, RG12
£1,35012/240.54 mi-2
£2,00002/240.55 mi-2
£3,28010/240.55 mi-2
£1,69507/240.55 miRegents Riverside2
£3,28007/240.55 miRegents Riverside, Reading, Berkshire2
£1,60007/240.55 miDe Montfort Road, Reading2
£1,60008/240.55 miRegents Riverside, Brigham Road, Reading, Berkshire, RG12
£1,70007/240.56 miRegents Riverside, Brigham Road, Reading, RG12
£1,65007/240.56 miRegents Riverside, Brigham Road, Reading, RG12
£1,52511/240.56 mi-2
£1,52510/240.57 mi-2
£1,55004/250.57 mi-2
£1,50012/240.58 miTamesis Place, Patrick Road, Caversham2
£1,40007/240.58 miCardiff Road, Caversham2

Local Area Statistics

Population in RG4

39,160

Population in Reading

321,187

Town centre distance

1.21 miles away

Nearest school

0.40 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £450,000

October 10, 2024

Sold for £355,000

2007

Floor Plans

Description

  • Superb two bedroom apartment +
  • Magnificent southerly views +
  • Prestigious and sought after development +
  • Beautiful gated communal grounds +
  • Secure allocated parking and entry +
  • Within striking distance of Reading station +
  • Moments from historic Caversham Court Gardens +
  • NO CHAIN! +

Rare to the market is this substantial two bedroom apartment situated within a prestigious development featuring level ground floor access whilst enjoying far reaching southerly views to the rear. Treetops was designed and constructed to a high specification by house builder of repute Donfield Homes and is set within magnificent gated grounds featuring immaculate lawns, ornamental seating areas and secure allocated and guest parking. The property offers bright, spacious and well planned accommodation with particular features including under floor heating, a high quality Mark Wilkinson kitchen and a well appointed bathroom and additional cloakroom. Bustling Caversham centre with its host of excellent restaurants and bars is a short walk whilst historic Caversham Court Gardens on the banks of the River Thames is just moments away. Furthermore, the property is conveniently placed for transport links with Reading railway station being within striking distance. An early viewing is highly recommended and there is NO ONGOING CHAIN!

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Bridges Estate Agents, Caversham

0118 230 1725

Next Steps?

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