5 Bed Semi-Detached House, Single Let, Reading, RG4 8NL, £925,000
Balmore Drive, Caversham, RG4 8NL - 2 months ago
Under Offer
BTL
~178 m²





+39 photos
ValuationOvervalued
Sold Prices | £400K - £1.3M |
Sold Prices/m² | £2.9K/m² - £6.1K/m² |
| |
Square Metres | ~178.28 m² |
Price/m² | £5.2K/m² |
Value Estimate | £767,941 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £231,250 |
Stamp Duty & Legal Fees | £62,700 |
Total Cash In | £293,950 |
| |
Cash Out | |
Rent Range | £1,550 - £2,750 |
Rent Estimate | £1,650 |
Running Costs/mo | £3,241 |
Cashflow/mo | £-1,591 |
Cashflow/yr | £-19,087 |
Gross Yield | 2% |
Local Sold Prices
28 sold prices from £400K to £1.3M, average is £916.5K. £2.9K/m² to £6.1K/m², average is £4.3K/m².
Local Rents
39 rents from £1.6K/mo to £2.8K/mo, average is £1.9K/mo.
Local Area Statistics
Population in RG4 | 39,160 |
Population in Reading | 321,187 |
Town centre distance | 1.50 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 1.06 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +35% |
Sales demand | Seller's market |
Capital growth (5yrs) | +13% |
Property History
Listed for £925,000
February 26, 2025
Floor Plans

Description
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