Worst House on the Street Logo
Alandale Close, Reading, RG2 - Image 1
Alandale Close, Reading, RG2 - Image 2
Alandale Close, Reading, RG2 - Image 3
Alandale Close, Reading, RG2 - Image 4
Alandale Close, Reading, RG2 - Image 5
Alandale Close, Reading, RG2 - Image 6
Alandale Close, Reading, RG2 - Image 7
Alandale Close, Reading, RG2 - Image 8
Alandale Close, Reading, RG2 - Image 9
Alandale Close, Reading, RG2 - Image 10

Alandale Close, Reading, RG2

South East

£385,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
765 sqft

Description

Nestled in a tranquil cul-de-sac in the south Reading area, this three-bedroom property boasts a solid foundation for those seeking to add value through renovation. The home is well-maintained, presenting an opportunity for buyers and investors to enhance its features while enjoying a peaceful residential setting. The living room is spacious and filled with natural light, creating a welcoming atmosphere. The kitchen offers practical storage solutions and has the potential for upgrades that could transform it into a modern culinary space. The private garden requires minimal upkeep, making it suitable for those who wish to invest time in landscaping or outdoor improvements. Upstairs, you will find three well-sized bedrooms along with a family bathroom, each offering ample potential for personal touches or renovations. The property benefits from off-street parking, providing convenience, as well as double glazing throughout and gas central heating for comfort year-round. Solar panels offer an energy-saving feature that may appeal to environmentally conscious buyers. This location is particularly advantageous due to its proximity to local amenities and transport links, including easy access to the M4 motorway—ideal for commuters. With no existing planning permission on the property, there is ample room for creative development ideas. This home stands out as a viable investment opportunity in a sought-after area, whether you are looking to reside long-term or take advantage of market trends.

Investment Analysis

(RG2 area)

Above Market Value

This property is priced +18.9% above area average per sq ft

+18.9%
This Property
£503/sq ft
Area Average
£423/sq ft
Avg Rent (weekly)
£400
Avg Yield
5.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£356,291
10% above area average per sq ft
Potential ROI
-12.0%
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

Alandale Close, Reading, RG2
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,410
Based on a loan of £288,750 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

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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