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Purley Rise, Purley on Thames, Reading, Berkshire, RG8 - Image 1
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Purley Rise, Purley on Thames, Reading, Berkshire, RG8

South East

£850,000
Listed on 26/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2127 sqft

Description

Nestled within a substantial 0.38-acre plot, this 2,127 sq ft detached family home presents a myriad of possibilities for renovation and expansion, subject to the necessary planning permissions. Located in the highly desirable Purley Rise area, the property is just 1.5 miles from the charming village of Pangbourne, offering residents a perfect blend of tranquil living and accessibility. The ground floor features a versatile layout that includes an expansive living room with an adjoining dining space. This area flows into a conservatory that overlooks the established gardens, making it an ideal spot for relaxation or entertaining. The kitchen is adequately sized and connects to a utility room, providing practical functionality along with direct access to the garage. Additionally, there’s a separate office space and a convenient ground floor WC, enhancing the home's overall practicality. Upstairs boasts four well-proportioned bedrooms, including a primary suite with its own en suite bathroom. A family bathroom serves the other bedrooms, ensuring ample facilities for family members or guests. Many rooms benefit from elevated views across the picturesque countryside that surrounds the property. Situated on one of Purley on Thames’ most sought-after roads, this residence combines a peaceful semi-rural atmosphere with excellent connectivity to both Tilehurst and Pangbourne. Local amenities are readily accessible, including shops, pubs, and restaurants; the property is approximately two miles from Tilehurst Station which offers direct rail services to London Paddington. The M4 motorway is also conveniently nearby. This home not only offers comfortable living but also holds significant investment potential for those looking to modernize or expand in a desirable location with strong transport links.

Investment Analysis

(RG8 area)

Below Market Value

This property is priced -16.9% below area average per sq ft

-16.9%
Potential saving
This Property
£400/sq ft
Area Average
£481/sq ft
Avg Rent (weekly)
£402
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,125,513
10% above area average per sq ft
Potential ROI
+18.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (RG8)

Area prices are falling by +6.2% over the last 12 months
3 year growth: -8.6%
5 year growth: 3.5%
Investment Disclaimer: Analysis based on RG8 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

Purley Rise, Purley on Thames, Reading, Berkshire, RG8
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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
£3,114
Based on a loan of £637,500 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