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Blagdon Road, Reading, Berkshire - Image 1
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Blagdon Road, Reading, Berkshire

South East

£350,000
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
909 sqft

Description

This spacious family home presents a valuable opportunity for those seeking a renovation project. While it currently requires comprehensive modernization, the property's inherent features and generous layout offer a solid foundation for transformation. The residence includes three well-proportioned double bedrooms, providing ample space for family living or potential reconfiguration to suit modern tastes. The dual-aspect living room creates an inviting atmosphere, complemented by a large kitchen and dining area that can be reimagined to enhance functionality and flow. A four-piece bathroom adds practicality, while outside, the expansive garden offers significant scope for landscaping or even extension—subject to obtaining the necessary planning permissions. Additional advantages include a long double garage that could serve multiple purposes, from vehicle storage to workshop space, and driveway parking that accommodates multiple vehicles comfortably. Located in proximity to local shops, amenities, and schools, this property is well-positioned for families and commuters alike. With no onward chain complicating the sale process, this home is ready for its next owner to unlock its full potential. Whether you're an investor looking to renovate for resale or a buyer eager to create your dream home from scratch, this property warrants serious consideration.

Investment Analysis

(RG2 area)

Below Market Value

This property is priced -9.1% below area average per sq ft

-9.1%
Potential saving
This Property
£385/sq ft
Area Average
£423/sq ft
Avg Rent (weekly)
£400
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£423,358
10% above area average per sq ft
Potential ROI
-5.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RG2)

Area prices are falling by +5.8% over the last 12 months
3 year growth: -2.7%
5 year growth: 10.6%
Investment Disclaimer: Analysis based on RG2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Blagdon Road, Reading, Berkshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE