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Basingstoke Road, Reading, Berkshire - Image 1
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Basingstoke Road, Reading, Berkshire

South East

£350,000
Listed on 25/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
826 sqft

Description

This three-bedroom semi-detached home offers a unique opportunity for those looking to invest or create their ideal living space. Located on a quiet, private road, the property provides a sense of seclusion while still being conveniently close to essential amenities and transport links. On the exterior, you'll find driveway parking suitable for multiple vehicles, adding to the property's practicality. The expansive rear garden presents an exciting chance for landscaping or potential extensions (subject to planning permission), allowing you to customize and expand the living area as your needs change over time. Inside, the layout features a welcoming entrance hall that leads into a spacious living and dining area, perfect for family gatherings. The separate kitchen offers direct access to the garden, facilitating easy outdoor entertaining or gardening projects. A sunroom at the back enhances natural light within the home and can serve as a cozy retreat or additional living space. Upstairs, the accommodation includes two well-proportioned double bedrooms alongside a single bedroom and a family bathroom. This configuration makes it suitable for families or as rental investment space. The location is particularly advantageous; it boasts excellent transport options with quick connections to Reading town center and the M4 motorway. Additionally, local schools, parks, and shopping facilities are just a short distance away, contributing to its appeal for families and potential tenants alike. With no onward chain, this property presents an attractive prospect for those looking to invest in a promising area or embark on renovation projects tailored to their vision.

Investment Analysis

(RG2 area)

Above Market Value

This property is priced +0.1% above area average per sq ft

+0.1%
This Property
£424/sq ft
Area Average
£423/sq ft
Avg Rent (weekly)
£400
Avg Yield
5.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£384,701
10% above area average per sq ft
Potential ROI
+2.6%
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

Basingstoke 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.

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