8, Mill Lane, READING, Berkshire, RG7 4JU

Description

Freehold end of terrace three-bedroom house Potential for extension/reconfiguration STPP Full vacant possession 3D Tour: Click Here Location: The property is situated on Mill Lane. Public transport links include Aldermaston mainline rail stations, together with a network of local bus services serving the surrounding vicinity. Road links include the A4 and M4. Shopping amenities can be found locally within Aldermaston Wharf, with an extensive range of shops, bars and restaurants being found in Reading town centre. Recreational pursuits can be found locally at the open spaces of nearby countryside, offering woodland and village edge walking routes. Accommodation: First floor: Three bedrooms Ground floor: Two reception rooms, kitchen, conservatory, storage room, shower room, WC Outside: Off street parking, front and rear garden EPC Rating: F Council Tax Band: D To view: 25/8, 27/8, 1/9, 4/9, 8/9 at 11:30am No booking required - Please arrive at the time stated

Location

The property is situated on Mill Lane. Public transport links include Aldermaston mainline rail stations, together with a network of local bus services serving the surrounding vicinity. Road links include the A4 and M4. Shopping amenities can be found locally within Aldermaston Wharf, with an extensive range of shops, bars and restaurants being found in Reading town centre. Recreational pursuits can be found locally at the open spaces of nearby countryside, offering woodland and village edge walking routes. Accommodation: First floor: Three bedrooms Ground floor: Two reception rooms, kitchen, conservatory, storage room, shower room, WC Outside: Off street parking, front and rear garden

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £10,000–£25,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆