Pegasus Court, Park Lane, Tilehurst
RO

Pegasus Court, Park Lane, Tilehurst

By Romans

£ 285,000

Reviews

2 out of 5 stars

Romans says ..

For Sale: A wonderfully presented top floor over 55's flat, decorated in a neutral palette to suit all tastes. This exceptional property is nestled in a peaceful location with strong local community ties and direct access to public transport links. The flat boasts three double bedroom...

Property Oracle says ..

This three-bedroom, two-bathroom apartment in Pegasus Court, Tilehurst, Reading, is listed at £285,000. It’s situated in a retirement development, offering a peaceful environment with good access to local amenities including shops and bus routes. The nearby presence of several well-rated primary schools adds to the location’s family-friendly appeal. The property is within reasonable commuting distance of Reading town centre and train stations. However, the photographs reveal that the apartment’s interior could benefit from modernisation. The decor and kitchen/bathroom fixtures appear dated, and potential buyers may need to budget for renovations or upgrades to suit their preferences. The lack of private garden space is a significant consideration, as the property benefits only from the shared communal garden space within the retirement development. The price reflects the local market for similar apartments; however, the need for modernisation and the limited land area may affect the overall perceived value for money for some buyers. Potential buyers should carefully weigh the pros and cons—desirable location, convenient amenities, and reasonable price—against the need for renovations and lack of private outdoor space.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
2
Bedrooms
3
Bathrooms
2
Sqft (est)
1,505.87

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
426,364.00 £
Increased by 9.44 %
from 389,602.00 £
Est sale value
614,394.96 £
Increased by 3.29 %
from 594,818.65 £
Average area rental value
1,675.00 £/mo
Increased by 16.00 %
from 1,444.00 £/mo
Est letting value
1,505.87 £/mo
Unchanged by 0.00 %
from 1,505.87 £/mo
Est rental Yield
4.71 %
Increased by 5.84 %
from 4.45 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Romans marked this listing as sold.

  • Romans created the listing.

Nearby Schools

NameTypeOfstedDistance
St Paul'S Catholic Primary SchoolVoluntary Aided SchoolGood0.39 KM
Park Lane Primary SchoolCommunity SchoolGood0.49 KM
Birch Copse Primary SchoolCommunity SchoolOutstanding0.51 KM
Springfield Primary SchoolCommunity SchoolGood0.86 KM
Little Heath SchoolVoluntary Aided SchoolGood1.22 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Hayfield Close £ 000.00 KM
Boundary Close £ 450,00000.00 KM
Ashbury Drive £ 000.00 KM
Hazelwood Close £ 457,50000.00 KM
Blagrave Cottages £ 450,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Tilehurst3154TLH2.68 KM
Theale3153THE3.88 KM
Pangbourne3036PAN5.88 KM
Reading West3160RDW6.31 KM
Reading3149RDG8.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
Berkshire Lodge, Tilehurst, Reading £ 225,000BUYUnknown0.01 KM
Pegasus Court, Park Lane, Tilehurst £ 160,000BUY5 / 100.03 KM
Park Lane, Tilehurst, Reading, RG31 £ 165,000BUY5 / 100.04 KM
Oakwood Cottages, Tilehurst, Reading, RG31 £ 300,000BUY6 / 100.04 KM
Pegasus Court, Park Lane, Tilehurst, Reading, RG31 £ 160,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
94 Park Lane £ 250,0000.09 KM
86 Park Lane £ 580,0000.09 KM
44 Park Lane £ 350,0000.09 KM
96 Park Lane £ 385,0000.09 KM
92 Park Lane £ 515,0000.09 KM