56 Temple Place, Reading, Berkshire, RG1 6QL
AU

56 Temple Place, Reading, Berkshire, RG1 6QL

By Auction House London

£ 140,000

Reviews

2 out of 5 stars

Auction House London says ..

**For Sale By Public Auction 19th March 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack** A Vacant Ground Floor Two Bedroom Flat Leasehold. The property is held on a 125 year lease from 1st August 2002...

Property Oracle says ..

This property is a two-bedroom flat located in Reading, Berkshire. The property is listed at £140,000 and has a floor area of 570.49 sqft. The average price per sqft in the area is £341.00. The property benefits from being close to Reading Train Station (1.12 KM), several primary schools (within 1 KM), and has a small communal garden area. However, the property appears to be in need of some modernisation and updating, as seen in the provided photos. The lack of plot size information and the fact that the property is a leasehold may affect its overall value. The listed price is significantly below the average house price in the area, which could indicate a good value for money, but further investigation into the leasehold details is needed to make a fully informed decision.

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
6
Condition
4
Location
7
Land
3
Bedrooms
2
Bathrooms
0
Sqft (est)
570.49

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
382,304.00 £
Increased by 10.41 %
from 346,255.00 £
Est sale value
242,458.25 £
Increased by 23.91 %
from 195,678.07 £
Average area rental value
1,370.00 £/mo
Increased by 3.55 %
from 1,323.00 £/mo
Est letting value
570.49 £/mo
Unchanged by 0.00 %
from 570.49 £/mo
Est rental Yield
4.30 %
Decreased by 6.32 %
from 4.59 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Auction House London created the listing.

Nearby Schools

NameTypeOfstedDistance
Katesgrove Primary SchoolCommunity SchoolGood0.29 KM
Coley Primary SchoolCommunity SchoolGood0.32 KM
New Christ Church Church Of England Primary SchoolAcademy Converter0.91 KM
Civitas AcademyAcademy Sponsor LedGood1.14 KM
Kendrick SchoolAcademy Converter1.19 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Cheriton Court £ 215,00000.00 KM
Elgar Road £ 000.00 KM
Centurion Close £ 287,50000.00 KM
Castle Street £ 195,00000.00 KM
Lynden Mews £ 165,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading3149RDG1.12 KM
Reading West3160RDW1.82 KM
Earley5694EAR6.37 KM
Tilehurst3154TLH6.55 KM
Winnersh Triangle5698WTI9.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Temple Place, Reading £ 172,500BUY7 / 100.04 KM
Temple Place, Reading £ 220,000BUY6 / 100.04 KM
Capital Point, Temple Place, Reading £ 215,000BUY6 / 100.09 KM
Capital Point £ 230,000BUY6 / 100.09 KM
Capital Point, Temple Place, Reading £ 250,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
53 Lower Brook Street £ 108,0000.05 KM
45 Lower Brook Street £ 155,0000.05 KM
57 Lower Brook Street £ 157,0000.05 KM
55 Lower Brook Street £ 234,0000.05 KM
51 Lower Brook Street £ 173,0000.05 KM