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Mill Lane, Lower Earley, RG6

South East

£625,000
Listed on 09/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1609 sqft

Description

Nestled in a peaceful cul-de-sac, this spacious four-bedroom detached house combines comfort with the potential for investment. With a double garage that adds to its kerb appeal and ample room for future expansion (subject to planning permission), this property is an attractive prospect for those looking to enhance their living space. The heart of the home features a vast kitchen/diner that naturally lends itself to modern family life and entertaining. A standout feature is the impressive rear extension, highlighted by its vaulted ceiling and bi-fold doors that seamlessly connect indoor and outdoor spaces, ideal for creating a vibrant environment suited for both relaxation and gatherings. While the interior has some stylish elements, there remains significant potential for further enhancement, particularly in personalizing decor or optimizing the layout. Upstairs, you will discover four well-proportioned bedrooms, with the principal benefiting from a contemporary en-suite bathroom, while all other rooms offer built-in storage solutions for practicality. Outside, the property boasts a generous garden providing seclusion—a valuable asset for families or those who appreciate outdoor living. Furthermore, this home is ideally positioned near local amenities such as parks, shops, and excellent schools, making it even more appealing as either a family residence or investment opportunity.

Investment Analysis

(RG6 area)

Below Market Value

This property is priced -15.1% below area average per sq ft

-15.1%
Potential saving
This Property
£388/sq ft
Area Average
£458/sq ft
Avg Rent (weekly)
£499
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £55,000
Target Value
£810,083
10% above area average per sq ft
Potential ROI
+19.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (RG6)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -3.1%
5 year growth: +5.8%
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

Mill Lane, Lower Earley, RG6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,214
Based on a loan of £468,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-3.8% since listed
£625,000£25,000(-3.8%)
10/04/2026
Current price
£650,000Initial listing
19/10/2025

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