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