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Colliers Way, Reading

South East

£330,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
925 sqft

Description

This three-bedroom end-of-terrace home presents a significant opportunity for those looking to invest in a property with renovation potential. The layout includes an entrance hall leading to a spacious living room, a practical kitchen, and a downstairs WC. The upper floor features three generously sized bedrooms, providing ample space for family living or rental purposes. Situated within a convenient distance of Reading Town Centre, which is approximately two miles away, residents will enjoy easy access to a range of amenities including shops, cafes, riverside dining options, and entertainment facilities like the cinema at The Oracle Shopping Centre. Additionally, Reading University and the Royal Berkshire Hospital are nearby, enhancing the property's appeal for professionals and families alike. Accessibility is further supported by close proximity to major road networks such as the A33 and M4, as well as Reading West Mainline Railway Station located about 1.2 miles from the home. The property requires some modernization, allowing buyers to tailor renovations according to their preferences and maximize its value. With an enclosed garden space offering potential for outdoor enhancements or landscaping projects, this property can be transformed into a welcoming family home or lucrative rental investment. It’s important to note that this property is part of a larger title that includes additional units not included in this sale; however, steps will be taken during conveyance to establish a new title for this home. Prospective buyers are encouraged to conduct due diligence and consult with their conveyancer regarding any queries. Monthly service charges are set at £25.74. Overall, this home’s location and potential for improvement make it an intriguing option for both homeowners and investors looking for opportunities in the Reading area.

Investment Analysis

(RG30 area)

Below Market Value

This property is priced -6.1% below area average per sq ft

-6.1%
Potential saving
This Property
£357/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£307
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£386,599
10% above area average per sq ft
Potential ROI
+7.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (RG30)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 7.5%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on RG30 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

Colliers Way, Reading
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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
£1,209
Based on a loan of £247,500 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