2 Bed Flat, Single Let, Reading, RG4 6ND, £289,950

2C Lowfield Road, Caversham, Reading, RG4 6ND - 1 views - 3 months ago

Leasehold
BTL
ROI: 1%
~67 m²
+9 photos

ValuationFair Value











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,488

Stamp Duty & Legal Fees

£17,695

Total Cash In

£90,183

 

 

Cash Out

 

Rent Range

£1,200 - £3,000

Rent Estimate

£1,267

Running Costs/mo

£1,179

Cashflow/mo

£88

Cashflow/yr

£1,050

ROI

1%

Gross Yield

5%













Local Rents

50 rents from £1.2K/mo to £3K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,39507/240.03 miMilestone View Court 2
£1,69904/250.17 mi-2
£1,65012/240.26 mi-2
£1,55001/250.26 mi-2
£1,65007/240.28 mi-2
£1,25007/240.45 miRuskin, Henley Road, Reading, Berkshire, RG42
£1,30012/240.69 miQueensway, Caversham, Reading2
£1,50007/240.74 miGeorge Close, Grosvenor Road, Caversham2
£1,59012/240.76 mi-2
£1,30012/240.79 miMeadow Way, Caversham2
£1,30012/240.79 miMeadow Way, Caversham2
£1,30012/240.79 miMeadow Way, Caversham, Reading, Berkshire, RG42
£3,00012/240.8 mi-2
£1,50012/240.82 miStar Road, Caversham, Reading2
£1,50012/240.82 mi-2
£1,20007/240.85 miPipers Gate, Star Road, Caversham, Reading, RG42
£1,25012/240.85 miPipers Gate, Star Road, Caversham, Reading, RG42
£1,60012/240.87 miDickens Close, Caversham, Reading2
£2,85012/240.88 miEmmer Green Court, Reading, Berkshire2
£1,30007/240.89 miLowfield Road2
£1,50011/240.9 mi-2
£1,40012/240.92 miFry Court, 11A Derby Road, Caversham, Reading, RG42
£1,65002/240.93 mi-2
£1,70004/250.93 mi-2
£1,35012/240.94 miWillow Court2
£1,35012/240.94 miBriants Avenue, Caversham, Reading2
£1,29512/240.97 miDerby Road, Caversham2
£1,30004/250.99 mi-2
£1,70012/241.02 mi-2
£1,70012/241.02 miSend Road, Caversham, Reading2
£1,45012/241.04 miArdler Road, Caversham2
£1,35007/241.09 miSouth View Avenue, Caversham2
£1,30012/241.1 mi-2
£1,35012/241.1 miKings Road, Caversham, Reading2
£1,60002/241.13 mi-2
£1,60002/241.14 mi-2
£1,67512/241.14 miKings Road, Reading, Berkshire, RG42
£1,40012/241.14 miKings Road, Caversham2
£1,29507/241.15 miAsh Court, Balmore Park, Reading2
£1,65007/241.15 miQueens Road, Caversham, Reading, Berkshire, RG42
£1,60007/241.19 miQueens Road, Caversham, RG42
£1,40003/251.2 mi-2
£1,65004/251.22 mi-2
£1,70003/251.22 mi-2
£1,65002/241.22 mi-2
£1,65007/241.23 miLuscinia View, Napier Road, Reading, Berkshire, RG12
£1,69510/231.23 miLuscinia View, Napier Road, Reading, Berkshire, RG12
£1,59508/241.23 miNapier Road2
£1,55010/231.23 miNapier Road, Reading, Berkshire, RG12
£1,50007/241.24 miLuscinia View, Napier Road, Reading, Berkshire, RG12

Local Area Statistics

Population in RG4

39,160

Population in Reading

321,187

Town centre distance

2.03 miles away

Nearest school

0.30 miles away

Nearest train station

1.67 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Price changed to £289,950

February 4, 2025

Listed for £299,500

January 17, 2025

Floor Plans

Description

  • Excellent presentation +
  • Ground floor apartment +
  • Access to communal grounds +
  • Two bedrooms +
  • En-suite to main bedroom +
  • Parking +

A well-presented two-bedroom ground floor apartment situated on a popular road, within easy access of local shops, schools and transport links. The accommodation comprises: hallway, bay-fronted sitting/dining room, kitchen with inset gas hob and electric oven, two bathrooms, two double bedrooms; master bedroom with built in wardrobes, en-suite shower room and access to the communal gardens via French doors. Further benefits of this property include secure communal entrance, double-glazing, radiator central heating and parking.

Milestone View Court is conveniently located within a short drive of Henley and Reading town centres, as well as Twyford railway station, offering an alternative service for direct peak trains/Crossrail into London. Additionally, the property is just a short walk from the Reading Transport bus stop on Lowfield Road. Tax band C. Viewing highly recommended. EPC rating C.

* Length of lease: 103 years remaining
* Ground rent charge: £100 pa
* Service charge £1053

Living/Dining Room - 4.88m x 4.47m (16'0 x 14'8 ) -

Kitchen - 3.25m x 2.46m (10'8 x 8'1) -

Bathroom -

Bedroom 1 En Suite -

Bedroom 1 - 3.73m x 3.35m (12'3 x 11'0) -

Bedroom 2 - 3.10m x 2.21m (10'2 x 7'3) -

Agent Details

Walmsley Estate Agents, Caversham

0118 230 5597

Next Steps?

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