3 Bed Terraced House, Planning Permission, Reading, RG4 6PS, £435,000

22 Montpelier Drive, Reading, RG4 6PS - 3 views - 5 months ago

Sold STC
Planning
84 m²
+16 photos

ValuationOvervalued

Sold Prices£280K - £835K
Sold Prices/m²£2.6K/m² - £5.5K/m²

 

 

Square Metres

84 m²
Price/m²£5.2K/m²

Value Estimate

£358,305

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£108,750

Stamp Duty & Legal Fees

£23,500

Total Cash In

£132,250

 

 

Cash Out

 

Rent Range

£1,650 - £1,850

Rent Estimate

£1,650

Running Costs/mo

£1,709

Cashflow/mo

£-59

Cashflow/yr

£-712

Gross Yield

5%

Local Sold Prices

50 sold prices from £280K to £835K, average is £376.3K. £2.6K/m² to £5.5K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£420K08/210.05 mi53, Galsworthy Drive, Caversham, Reading RG4 6QB3
£369.9K06/210.06 mi8, Redberry Close, Caversham, Reading RG4 6QF3
£318K03/210.07 mi12, Newton Avenue, Caversham, Reading RG4 6PX3
£340K09/210.1 mi8, Framlingham Drive, Caversham, Reading, Oxfordshire RG4 6RE3
£330K12/200.14 mi7, Dumbarton Way, Caversham, Reading RG4 6QT3
£445K04/230.14 mi138, Galsworthy Drive, Caversham, Reading RG4 6QJ3
£331K10/200.14 mi128, Galsworthy Drive, Caversham, Reading, Oxfordshire RG4 6QJ3
£455K02/230.14 mi13, Tenby Avenue, Caversham, Reading RG4 6QG3
£500K12/220.16 mi6, Highbridge Close, Caversham, Reading RG4 6PH3
£330K12/200.16 mi7, Highbridge Close, Caversham, Reading RG4 6PH3
£450K04/210.16 mi5, Highbridge Close, Caversham, Reading RG4 6PH3
£385K06/210.16 mi4, Farleigh Mews, Caversham, Reading RG4 6RG3
£405K01/230.16 mi25, Kingsway, Caversham, Reading RG4 6RA3
£420K12/220.17 mi21, Kingsway, Caversham, Reading RG4 6RA3
£350K01/210.2 mi13, Ilchester Mews, Caversham, Reading, Oxfordshire RG4 6RL3
£377.5K12/200.2 mi6, Ilchester Mews, Caversham, Reading RG4 6RL3
£344K04/210.2 mi3, Ilchester Mews, Caversham, Reading, Oxfordshire RG4 6RL3
£350K04/230.2 mi14, Lowfield Road, Caversham, Reading RG4 6PA3
£345K02/210.2 mi3, Illingworth Avenue, Caversham, Reading RG4 6RB3
£355K01/210.2 mi17, Whitby Green, Caversham, Reading RG4 6SL3
£430K06/230.21 mi2, Melford Green, Caversham, Reading RG4 6XR3
£355K01/210.22 mi17, Whitby Green, Caversham, Reading RG4 6SL3
£280K05/210.22 mi21, Lowfield Road, Caversham, Reading RG4 6NL3
£330K04/210.22 mi23, Lowfield Road, Caversham, Reading RG4 6NL3
£285K07/210.22 mi25, Lowfield Road, Caversham, Reading RG4 6NL3
£302.5K02/210.22 mi17, Lowfield Road, Caversham, Reading RG4 6NL3
£485K02/230.23 mi7, Thetford Mews, Caversham, Reading RG4 6SN3
£340K02/230.25 mi6, Kelso Mews, Caversham, Reading RG4 6RJ3
£355K05/210.25 mi69, Kingsway, Caversham, Reading, Oxfordshire RG4 6RH3
£375K11/210.25 mi51, Kingsway, Caversham, Reading, Oxfordshire RG4 6RH3
£390K01/230.25 mi63, Kingsway, Caversham, Reading RG4 6RH3
£342.5K12/200.25 mi18, Netley Close, Caversham, Reading, Oxfordshire RG4 6SR3
£511K03/210.27 mi48, Orchard Grove, Caversham, Reading RG4 6NF3
£385K06/210.28 mi8, Pendennis Avenue, Caversham, Reading, Oxfordshire RG4 6SS3
£375K02/210.3 mi1, Ragley Mews, Caversham, Reading RG4 6SG3
£304K09/210.31 mi11, Northbrook Road, Caversham, Reading RG4 6PW3
£342K04/230.38 mi144, Lowfield Road, Caversham, Reading RG4 6PQ3
£452K01/230.42 mi18, Gayhurst Close, Caversham, Reading RG4 6QW3
£340K11/200.44 mi12, Mallory Avenue, Caversham, Reading RG4 6QN3
£470K12/220.45 mi6, Chatsworth Close, Caversham, Reading RG4 6RS3
£405K06/230.46 mi23, Fraser Avenue, Caversham, Reading RG4 6RT3
£340K06/210.46 mi15, Fraser Avenue, Caversham, Reading RG4 6RT3
£450K06/210.49 mi4, Elstow Avenue, Caversham, Reading, Oxfordshire RG4 6RX3
£385K03/210.57 mi11, Norman Road, Caversham, Reading RG4 5JN3
£492K01/230.58 mi127, Mayfield Drive, Caversham, Reading RG4 5JR3
£835K01/230.58 mi248, Henley Road, Caversham, Reading RG4 6LR3
£435K06/210.58 mi109, Mayfield Drive, Caversham, Reading RG4 5JR3
£400K11/200.58 mi105, Mayfield Drive, Caversham, Reading RG4 5JR3
£493K06/230.58 mi125, Mayfield Drive, Caversham, Reading RG4 5JR3
£480K10/210.58 mi12, Valentine Crescent, Caversham, Reading RG4 5JJ3

Local Rents

10 rents from £1.6K/mo to £1.9K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65007/240.07 miNewton Avenue, Caversham Park, Reading, Berkshire, RG43
£1,75012/240.11 miQuantock Avenue, Caversham, Reading, Berkshire, RG43
£1,79512/240.16 miKingsway, Caversham3
£1,70002/240.16 mi-3
£1,85003/250.17 mi-3
£1,80012/240.25 miNetley Close, Caversham3
£1,85012/240.44 miCarisbrooke Close, Caversham Park, Reading3
£1,75007/240.57 miMayfield Drive, Caversham, Reading3
£1,75007/240.57 miValentine Crescent, Caversham, Reading, RG43
£1,75007/240.57 mi-3

Local Area Statistics

Population in RG4

39,160

Population in Reading

321,187

Town centre distance

2.18 miles away

Nearest school

0.30 miles away

Nearest train station

1.78 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £435,000

November 12, 2024

Sold for £336,000

2016

Sold for £213,500

2006

Sold for £170,000

2006

Floor Plans

Description

  • Popular Residential Location +
  • Modern Shower Room +
  • Spacious Open Planned Lounge/Diner +
  • Seperate Home Office/Study +
  • Ample Driveway Parking +
  • South Facing Rear Garden +

Parkers are delighted to offer to the market a beautiful three bedroom family home in the ever popular Caversham Park Village which has undergone recent renovation from the current owner.

The spacious and free-flowing accommodation comprises of; entrance hall, kitchen, open plan lounge/diner, converted garage which now makes the home office, downstairs WC / shower room and utility room. To the first floor are three well-proportioned bedrooms, two with useful built in storage and a family bathroom including both a full bath and standalone shower in addition to a separate WC.

Externally this property benefits from a south facing rear garden with well-presented high quality patio area that could offer the opportunity to extend should the need arise (subject to usual planning permissions) along with rear gated access. At the front is a recently block paved driveway with parking for two cars along with an electric vehicle charging point, useful secure storage room and ample room for bin storage.

The location gives easy access to both main roads into Reading and to the A4155 into South Oxfordshire. Only 2.4 miles from Reading town centre which provides the mainline railway with its fast links into London, within popular school catchments, a short walk to local amenities and regular bus services.

Viewing is highly recommended at the earliest opportunity to avoid disappointment.

Council Tax Band C

Agent Details

Parkers, Caversham

0118 230 0603

Next Steps?

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