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Anderson Avenue, Earley, RG6

South East

£400,000
Listed on 07/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This distinctive detached family home, built in the 1930s, offers a unique opportunity for those looking to invest in a renovation project. Located in a desirable residential neighborhood of Earley, this property is characterized by its period features and spacious layout, making it an appealing option for both investors and homebuyers with a vision. The exterior presents a welcoming presence set back from the road, complete with off-street parking and a detached garage. The mature rear garden provides outdoor space that can be transformed into a serene retreat or entertaining area. Inside, the home features two generously sized reception rooms along with a kitchen area that sets the stage for reconfiguration and modernization. The upper level accommodates three bedrooms and a family bathroom, all of which are ready to be adapted to meet contemporary living standards. While the property does require comprehensive updating, including addressing some historic damage linked to a leak from the loft's cold water tank, it serves as a blank canvas for those eager to customize their living space. With no onward chain attached, prospective buyers have the advantage of beginning renovations promptly without delay. In terms of location, this home offers convenient access to the M4 motorway and is just a short distance from Reading town center, catering well to commuters and families alike. This is an exceptional chance for both seasoned renovators and first-time buyers interested in crafting their ideal residence in an established area known for its strong community feel. Overall, this property stands out as an investment opportunity in Earley, encouraging creative transformation while providing ample room for future value appreciation.

Investment Analysis

(RG6 area)
Area Average
£456/sq ft
Avg Rent (weekly)
£568
Avg Yield
5.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (RG6)

Area prices are falling by +5.0% over the last 12 months
3 year growth: -1.0%
5 year growth: 6.7%
Investment Disclaimer: Analysis based on RG6 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

Anderson Avenue, Earley, RG6
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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
£1,465
Based on a loan of £300,000 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.

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