3 Bed Bungalow, Single Let, Reading, RG2 8HL, £425,000

69 Winton Road, Reading, RG2 8HL - 6 months ago

Sold STC
BTL
84 m²
+15 photos

ValuationOvervalued

Sold Prices£260K - £685K
Sold Prices/m²£3.2K/m² - £6K/m²

 

 

Square Metres

84 m²
Price/m²£5.1K/m²

Value Estimate

£354,217

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£1,500 - £2,450

Rent Estimate

£1,500

Running Costs/mo

£1,648

Cashflow/mo

£-148

Cashflow/yr

£-1,777

Gross Yield

4%

Local Sold Prices

50 sold prices from £260K to £685K, average is £360K. £3.2K/m² to £6K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£380K08/210 mi79, Winton Road, Reading RG2 8HL3
£340K07/230.09 mi43, Brybur Close, Reading RG2 8HN3
£362K06/230.09 mi26, Brybur Close, Reading RG2 8HN3
£320K02/210.1 mi17, Rushden Drive, Reading RG2 8LJ3
£305K01/210.13 mi83, Whitley Wood Road, Reading RG2 8HY3
£295K01/230.13 mi93, Whitley Wood Road, Reading RG2 8HY3
£395K08/210.15 mi5, Winton Road, Reading RG2 8HH3
£260K10/200.16 mi17, Hillbrow, Reading RG2 8JD3
£415K03/210.16 mi18, Whitley Wood Road, Reading RG2 8JA3
£392K12/220.18 mi2, Holberton Road, Reading RG2 8NL3
£332.3K03/210.2 mi231, Hartland Road, Reading RG2 8DN3
£304K10/200.21 mi10, Holberton Road, Reading RG2 8NL3
£360K03/230.21 mi15, Foxhays Road, Reading RG2 8ND3
£296K10/200.23 mi151b, Whitley Wood Road, Reading RG2 8JH3
£355K07/230.25 mi56, Westlands Avenue, Reading, Wokingham RG2 8EW3
£685K04/210.27 miTimbrils, Oakside Way, Shinfield, Reading, Wokingham RG2 9BJ3
£310K12/200.29 mi127, Linden Road, Reading RG2 7EJ3
£407K06/230.29 mi53, Linden Road, Reading RG2 7EJ3
£365K01/230.3 mi42, Westlands Avenue, Reading, Wokingham RG2 8EN3
£290K11/200.3 mi35, Westlands Avenue, Reading, Wokingham RG2 8EN3
£330K09/210.31 mi87, Foxhays Road, Reading RG2 8NA3
£370K03/210.31 mi152, Hartland Road, Reading RG2 8DP3
£390K03/210.32 mi3, Falcon Avenue, Reading, Wokingham RG2 8EL3
£340K01/230.32 mi128, Linden Road, Reading RG2 7EH3
£325K06/210.32 mi5, Exwick Square, Reading RG2 8NB3
£385K05/230.32 mi8, Exwick Square, Reading RG2 8NB3
£355K05/210.32 mi1, Wavell Close, Reading, Wokingham RG2 8EJ3
£350K12/200.33 mi7, Westlands Avenue, Reading, Wokingham RG2 8EB3
£377.5K02/210.35 mi10, St Barnabas Road, Reading RG2 8ED3
£330K03/210.35 mi4a, St Barnabas Road, Reading, Wokingham RG2 8ED3
£504.5K01/230.36 mi21, Hilmanton, Lower Earley, Reading, Wokingham RG6 4HN3
£374K10/200.37 mi88, Hilmanton, Lower Earley, Reading, Wokingham RG6 4HN3
£435K05/210.37 mi78, Hilmanton, Lower Earley, Reading, Wokingham RG6 4HN3
£305K02/230.37 mi4, Linden Road, Reading RG2 7EQ3
£312.5K08/210.38 mi11, Alandale Close, Reading RG2 8JP3
£310K05/230.39 mi29, Linden Road, Reading RG2 7EG3
£361K11/200.39 mi9, St Barnabas Road, Reading, Wokingham RG2 8EE3
£425K10/200.4 mi32, Aphelion Way, Shinfield, Reading, Wokingham RG2 9FR3
£395K01/230.41 mi2, Aphelion Way, Shinfield, Reading, Wokingham RG2 9FR3
£385K01/230.41 mi5, Aphelion Way, Shinfield, Reading, Wokingham RG2 9FR3
£425K01/230.41 mi228, Shinfield Road, Reading RG2 7DU3
£321K06/210.41 mi9, Devitt Close, Reading, Wokingham RG2 8EF3
£359K11/210.41 mi5, Devitt Close, Reading, Wokingham RG2 8EF3
£415K05/230.42 mi21, Perigee, Shinfield, Reading, Wokingham RG2 9FT3
£380K11/210.42 mi6, Perigee, Shinfield, Reading, Wokingham RG2 9FT3
£350K08/210.43 mi535, Northumberland Avenue, Reading RG2 8NU3
£360K05/230.43 mi523, Northumberland Avenue, Reading RG2 8NU3
£270K01/210.43 mi529, Northumberland Avenue, Reading RG2 8NU3
£500K12/220.44 mi32, Elm Road, Reading, Wokingham RG6 5TS3
£370K01/210.45 mi26, Beighton Close, Lower Earley, Reading, Wokingham RG6 4HZ3

Local Rents

26 rents from £1.5K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,85007/240.06 miHollydale Close, Reading, RG23
£2,45009/240.27 mi-3
£1,80007/240.27 miShinfield Road, Reading3
£1,75007/240.27 miWood Green, Reading3
£1,70007/240.32 miExwick Square, Reading, Berkshire, RG23
£1,80004/250.35 mi-3
£1,75010/240.36 mi-3
£1,80007/240.37 miHilmanton, Lower Earley, Reading, RG63
£1,90008/240.37 miHilmanton, Lower Earley3
£1,50007/240.37 miFoxhays Road, Reading3
£1,60007/240.38 miAphelion Way, Shinfield, Berkshire, RG23
£1,70002/240.43 mi-3
£1,60002/250.43 mi-3
£1,85007/240.43 miCirrus Drive, Shinfield, Reading, RG2 9FL3
£1,60007/240.43 miDurham Close, Reading, Berkshire, RG23
£1,80007/240.45 miWoolacombe Drive, Reading3
£2,00007/240.45 miWoolacombe Drive, Earley3
£1,80007/240.45 miZenith Avenue, Reading3
£1,50003/250.46 mi-3
£1,75007/240.48 miCinnamon Close, Earley, Reading, RG63
£1,75007/240.48 mi-3
£1,77512/240.52 mi-3
£1,50007/240.52 miWhitley Wood Road, Reading, Berkshire, RG23
£1,80011/240.56 mi-3
£1,70007/240.56 miMaple Gardens, Reading, Berkshire, RG23
£1,75007/240.6 miNotton Way, Earley3

Local Area Statistics

Population in RG2

36,866

Population in Reading

321,187

Town centre distance

2.17 miles away

Nearest school

0.10 miles away

Nearest train station

1.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

-3%

Property History

Listed for £425,000

October 1, 2024

Sold for £305,000

2020

Floor Plans

Description

This three bedroom Bungalow comes to market with NO ONWARD CHAIN.

The property has an entrance hall leading to the lounge, kitchen, shower room and the two ground floor bedrooms. There is also access from the hallway to the loft conversion.
The lounge is a nice size and is light and airy with a southerly outlook, where there is access to the conservatory, which in turn gives you access to the well maintained low maintenance decked area.
There is a large garden room, currently with a snooker table in. but could easily be a home office or craft room, it has lots of potential.
The loft conversion has a separate room with a toilet and was hand basin as well as a large space that could be the main bedroom, or a guest room.
There is a refitted shower room and refitted kitchen along with the two bedrooms on the ground floor.
From the low maintenance rear garden there is access to the driveway and the detached garage.
To the front of the property there is a low maintenance garden laid mainly to patio slabs enclosed on three sides by walls.
There is ample parking for a number of cars.
The property is a relatively short walk to the local shops, where you have a chemist, a Greggs cafe a mini Tesco and a variety of take away units.
In amongst the shops there are bus stops where you can get buses that take you into Reading and Wokingham.
Junction 11 of the M4 is a short drive away giving relatively easy access into London or the West Country.

Agent Details

Gooding & Co, Reading

0118 987 1066

Next Steps?

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