3 Bed Terraced House, Single Let, Reading, RG4 5DA, £255,000





ValuationUndervalued
Sold Prices | £286K - £835K |
Sold Prices/m² | £3K/m² - £6K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £2.7K/m² |
Value Estimate | £308,550£308,550 |
BMV | 21% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £63,750£63,750 |
Stamp Duty & Legal Fees | £14,200£14,200 |
Total Cash In | £77,950£77,950 |
| |
Cash Out | |
Rent Range | £1,495 - £2,325£1,495 - £2,325 |
Rent Estimate | £1,595 |
Running Costs/mo | £1,136£1,136 |
Cashflow/mo | £459£459 |
Cashflow/yr | £5,510£5,510 |
ROI | 7%7% |
Gross Yield | 8%8% |
Local Sold Prices
50 sold prices from £286K to £835K, average is £392.5K. £3K/m² to £6K/m², average is £4.6K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£293K | 11/22 | 0.07 mi | 47, Alston Walk, Caversham, Reading RG4 5DD | - | - | 3 | Terraced House | |
£286K | 03/21 | 0.11 mi | 46, Rothwell Walk, Caversham, Reading RG4 5DB | £3,213 | 89 | 3 | Terraced House | |
£350K | 04/23 | 0.11 mi | 46, Rothwell Walk, Caversham, Reading RG4 5DB | £3,933 | 89 | 3 | Terraced House | |
£415K | 05/21 | 0.11 mi | 10, Peel Close, Caversham, Reading RG4 5BL | £4,150 | 100 | 3 | Semi-Detached House | |
£307K | 06/21 | 0.16 mi | 61, Amersham Road, Caversham, Reading RG4 5BP | £3,028 | 101 | 3 | Terraced House | |
£436K | 01/23 | 0.18 mi | 132, Meadow Way, Caversham, Reading RG4 5LY | £5,991 | 73 | 3 | Terraced House | |
£370K | 12/20 | 0.18 mi | 134, Meadow Way, Caversham, Reading RG4 5LY | £3,663 | 101 | 3 | Terraced House | |
£345K | 07/21 | 0.22 mi | 65, Lower Henley Road, Caversham, Reading RG4 5LD | - | - | 3 | Terraced House | |
£395K | 05/23 | 0.26 mi | 14, Talbot Close, Caversham, Reading RG4 5BN | - | - | 3 | Terraced House | |
£390K | 04/23 | 0.27 mi | 6, Eccles Close, Caversham, Reading RG4 5BJ | £4,588 | 85 | 3 | Terraced House | |
£835K | 01/23 | 0.28 mi | 248, Henley Road, Caversham, Reading RG4 6LR | £5,240 | 159 | 3 | Detached House | |
£505K | 01/23 | 0.3 mi | 116, Mayfield Drive, Caversham, Reading RG4 5JT | - | - | 3 | Semi-Detached House | |
£400K | 04/23 | 0.3 mi | 35, Star Road, Caversham, Reading RG4 5BE | £5,376 | 74 | 3 | Semi-Detached House | |
£380K | 10/20 | 0.3 mi | 78b, Star Road, Caversham, Reading RG4 5BE | £4,578 | 83 | 3 | Terraced House | |
£369.7K | 12/20 | 0.3 mi | 41, Star Road, Caversham, Reading RG4 5BE | £5,022 | 74 | 3 | Semi-Detached House | |
£332K | 10/20 | 0.3 mi | 29, Star Road, Caversham, Reading RG4 5BE | £3,906 | 85 | 3 | Terraced House | |
£390K | 12/20 | 0.3 mi | 37, Star Road, Caversham, Reading RG4 5BE | £5,000 | 78 | 3 | Semi-Detached House | |
£348.5K | 02/21 | 0.3 mi | 62, Star Road, Caversham, Reading RG4 5BE | £4,199 | 83 | 3 | Semi-Detached House | |
£420.5K | 04/23 | 0.3 mi | 25, Star Road, Caversham, Reading RG4 5BE | £4,083 | 103 | 3 | Terraced House | |
£435K | 08/23 | 0.34 mi | 89, Briants Avenue, Caversham, Reading RG4 5BA | - | - | 3 | Semi-Detached House | |
£415K | 03/21 | 0.34 mi | 23, Donkin Hill, Caversham, Reading RG4 5DG | £4,323 | 96 | 3 | Semi-Detached House | |
£321K | 01/23 | 0.34 mi | 5, Donkin Hill, Caversham, Reading RG4 5DG | - | - | 3 | Terraced House | |
£385K | 12/20 | 0.35 mi | 45, Briants Avenue, Caversham, Reading RG4 5AS | £4,185 | 92 | 3 | Semi-Detached House | |
£335K | 03/21 | 0.35 mi | 30, Briants Avenue, Caversham, Reading RG4 5AS | £4,589 | 73 | 3 | Terraced House | |
£300K | 02/21 | 0.35 mi | 67, Briants Avenue, Caversham, Reading RG4 5AS | £4,054 | 74 | 3 | Terraced House | |
£580K | 03/23 | 0.35 mi | 104, Mayfield Drive, Caversham, Reading RG4 5JT | £5,472 | 106 | 3 | Semi-Detached House | |
£450K | 11/20 | 0.35 mi | 106, Mayfield Drive, Caversham, Reading RG4 5JT | £4,737 | 95 | 3 | Semi-Detached House | |
£403K | 05/21 | 0.35 mi | 9, Pembroke Place, Caversham, Reading RG4 5HU | - | - | 3 | Semi-Detached House | |
£340K | 12/20 | 0.35 mi | 35, Briants Avenue, Caversham, Reading RG4 5AY | £4,048 | 84 | 3 | Semi-Detached House | |
£470K | 06/21 | 0.36 mi | 8, Star Road, Caversham, Reading RG4 5BS | £4,732 | 99 | 3 | Terraced House | |
£435K | 06/21 | 0.36 mi | 109, Mayfield Drive, Caversham, Reading RG4 5JR | £5,305 | 82 | 3 | Semi-Detached House | |
£400K | 11/20 | 0.36 mi | 105, Mayfield Drive, Caversham, Reading RG4 5JR | £5,263 | 76 | 3 | Semi-Detached House | |
£493K | 06/23 | 0.36 mi | 125, Mayfield Drive, Caversham, Reading RG4 5JR | £5,301 | 93 | 3 | Semi-Detached House | |
£492K | 01/23 | 0.36 mi | 127, Mayfield Drive, Caversham, Reading RG4 5JR | - | - | 3 | Semi-Detached House | |
£400K | 06/21 | 0.37 mi | 47, Mayfield Drive, Caversham, Reading RG4 5JP | £5,970 | 67 | 3 | Semi-Detached House | |
£432.5K | 11/21 | 0.37 mi | 45, Mayfield Drive, Caversham, Reading RG4 5JP | - | - | 3 | Semi-Detached House | |
£500K | 01/23 | 0.38 mi | 84, Mayfield Drive, Caversham, Reading RG4 5JT | £4,717 | 106 | 3 | Semi-Detached House | |
£375K | 12/20 | 0.39 mi | 96, South View Avenue, Caversham, Reading RG4 5BB | - | - | 3 | Semi-Detached House | |
£610K | 01/23 | 0.39 mi | 4, Montague Street, Caversham, Reading RG4 5AU | - | - | 3 | Detached House | |
£412K | 12/22 | 0.39 mi | 6, Marsack Street, Caversham, Reading RG4 5AP | £5,211 | 79 | 3 | Terraced House | |
£388.5K | 05/23 | 0.39 mi | 9, Montague Street, Caversham, Reading RG4 5AU | £4,738 | 82 | 3 | Terraced House | |
£430K | 03/23 | 0.4 mi | 8, Marsack Street, Caversham, Reading RG4 5AP | £5,811 | 74 | 3 | Terraced House | |
£325K | 02/21 | 0.4 mi | 22, Keston Close, Caversham, Reading RG4 5DZ | £3,693 | 88 | 3 | Terraced House | |
£387.5K | 01/21 | 0.41 mi | 9, Onslow Gardens, Caversham, Reading RG4 5HY | £5,236 | 74 | 3 | Semi-Detached House | |
£387.5K | 01/21 | 0.41 mi | 9, Onslow Gardens, Caversham, Reading RG4 5HY | £5,236 | 74 | 3 | Semi-Detached House | |
£339.9K | 10/20 | 0.41 mi | 400, Gosbrook Road, Caversham, Reading RG4 8EG | £4,249 | 80 | 3 | Terraced House | |
£435K | 07/23 | 0.43 mi | 25, Donegal Close, Caversham, Reading RG4 5DT | £5,118 | 85 | 3 | Terraced House | |
£332.5K | 11/20 | 0.43 mi | 4, Donegal Close, Caversham, Reading RG4 5DT | £4,263 | 78 | 3 | Terraced House | |
£351.5K | 04/21 | 0.43 mi | 25, Donegal Close, Caversham, Reading RG4 5DT | £4,135 | 85 | 3 | Terraced House | |
£464.2K | 03/21 | 0.45 mi | 27, Champion Road, Caversham, Reading RG4 8EL | £3,464 | 134 | 3 | Terraced House |
Local Rents
18 rents from £1.5K/mo to £2.3K/mo, average is £1.6K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,650 | 01/25 | 0.11 mi | - | 3 | Semi-Detached House | |
£2,325 | 03/25 | 0.16 mi | - | 3 | Terraced House | |
£1,650 | 12/24 | 0.26 mi | Eccles Close, Caversham, Reading | 3 | Terraced House | |
£2,000 | 07/24 | 0.28 mi | Anglefield Road, Caversham, Reading, Berkshire, RG4 | 3 | Detached House | |
£1,650 | 02/25 | 0.33 mi | - | 3 | Terraced House | |
£1,650 | 07/24 | 0.35 mi | Briants Avenue, Caversham, Reading, Berkshire, RG4 | 3 | Terraced House | |
£1,695 | 12/24 | 0.35 mi | Briants Avenue | 3 | Terraced House | |
£1,750 | 07/24 | 0.4 mi | Mayfield Drive, Caversham, Reading | 3 | Detached House | |
£1,750 | 07/24 | 0.41 mi | Onslow Gardens, Caversham, Reading | 3 | Detached House | |
£1,595 | 01/25 | 0.5 mi | - | 3 | Terraced House | |
£1,500 | 04/25 | 0.51 mi | - | 3 | Terraced House | |
£1,750 | 07/24 | 0.53 mi | Valentine Crescent, Caversham, Reading, RG4 | 3 | Detached House | |
£1,750 | 07/24 | 0.53 mi | - | 3 | Semi-Detached House | |
£1,495 | 12/24 | 0.55 mi | Queen's Road, Caversham, Reading | 3 | Terraced House | |
£1,595 | 12/24 | 0.57 mi | Kings Road | 3 | Detached House | |
£1,950 | 02/24 | 0.58 mi | - | 3 | Terraced House | |
£1,595 | 07/24 | 0.59 mi | - | 3 | Terraced House | |
£1,595 | 07/24 | 0.59 mi | Kings Rd, Reading, RG4 | 3 | Terraced House |
Local Area Statistics
Population in RG4 | 39,16039,160 |
Population in Reading | 321,187321,187 |
Town centre distance | 1.42 miles away1.42 miles away |
Nearest school | 0.40 miles away0.40 miles away |
Nearest train station | 1.09 miles away1.09 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +35%+35% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +13%+13% |
Property History
Listed for £255,000
March 18, 2025
Description
- AUCTION SALE +
- 15 April 2025 +
- By order of a major housing association. +
- EPC Rating - C +
- To view: By arrangement with the Auctioneers. +
SUMMARY
AUCTION SALE 15 April 2025 - Freehold two floor mid terrace house requiring updating,
Full vacant possession.
DESCRIPTION
Freehold two floor mid terrace house requiring updating,
Full vacant possession.
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Location:
The property is situated on Ian Mikardo Way, located off Amersham Road and well positioned for the amenities of Reading, Caversham and Sonning. Transport options include bus routes, road links via the M4, A404M or the M40 and rail links at Reading (fast route into London). Recreational pursuits include Caversham Park, Sonning Common and the River Thames.
Accomodation:
First floor: Three bedrooms, bathroom/washroom, acess to loft
Ground floor: Entrance hall, reception room, kitchen/dining, cloakroom/WC
Outside: Front communal parking, rear garden and store
EPC rating: C
Council Tax Band: C
Tenure: Freehold (some estate service charges may apply - refer to legal pack)
To view: By arrangement with the Auctioneers.
Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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