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Ravensworth Road, Reading, RG7

South East

£695,000
Listed on 22/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1425 sqft

Description

This two-bedroom detached bungalow, situated in a desirable residential area, offers an excellent foundation for renovation and personalization. The property features a spacious entrance hall leading to a large living room with dual aspect windows that provides ample natural light, making it an inviting space for relaxation or dining. The kitchen, equipped with a range of wall and base units, presents opportunities for modernizing to suit personal tastes, as it includes integrated appliances and space for dining. A conservatory adds charm and versatility by overlooking the private rear garden, ideal for expansion or enhancement. Both bedrooms are generously sized; the double bedroom benefits from fitted wardrobes while the single bedroom has direct access to the conservatory. The bathroom has been recently updated with contemporary fixtures including a large walk-in shower. The loft space offers additional storage options and potential for conversion into further living spaces, depending on planning permissions. Outside, the property boasts a long driveway suitable for parking multiple vehicles alongside a spacious double garage that includes additional rooms perfect for establishing a home office, gym, workshop, or guest accommodation. The well-maintained front garden and south-facing private back garden with a patio seating area provide tranquil outdoor spaces ripe for improvement. Situated in Reading's Ravensworth Road, this location combines peaceful living with accessibility to local amenities such as shops and schools as well as good transportation links to major roads and rail services.

Investment Analysis

(RG7 area)

Above Market Value

This property is priced +12.5% above area average per sq ft

+12.5%
This Property
£488/sq ft
Area Average
£434/sq ft
Avg Rent (weekly)
£391
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£679,825
10% above area average per sq ft
Potential ROI
-7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (RG7)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -1.0%
5 year growth: +5.4%
Investment Disclaimer: Analysis based on RG7 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

Ravensworth Road, Reading, RG7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,507
Based on a loan of £521,250 over 30 years at 4.06% 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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