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Mayflower Meadow, Spencers Wood, Reading, Berkshire, RG7 1YD - Image 1
Mayflower Meadow, Spencers Wood, Reading, Berkshire, RG7 1YD - Image 2
Mayflower Meadow, Spencers Wood, Reading, Berkshire, RG7 1YD - Image 3
Mayflower Meadow, Spencers Wood, Reading, Berkshire, RG7 1YD - Image 4
Mayflower Meadow, Spencers Wood, Reading, Berkshire, RG7 1YD - Image 5
Mayflower Meadow, Spencers Wood, Reading, Berkshire, RG7 1YD - Image 6
Mayflower Meadow, Spencers Wood, Reading, Berkshire, RG7 1YD - Image 7
Mayflower Meadow, Spencers Wood, Reading, Berkshire, RG7 1YD - Image 8
Mayflower Meadow, Spencers Wood, Reading, Berkshire, RG7 1YD - Image 9
Mayflower Meadow, Spencers Wood, Reading, Berkshire, RG7 1YD - Image 10
Mayflower Meadow, Spencers Wood, Reading, Berkshire, RG7 1YD - Image 11

Mayflower Meadow, Spencers Wood, Reading, Berkshire, RG7 1YD

South East

£600,000
Listed on 11/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1389 sqft

Description

Nestled at the end of a quiet cul-de-sac, this four-bedroom detached home presents an excellent opportunity for renovation and investment. Built just three years ago, the property sits on a larger-than-average plot that offers the potential for side extensions, allowing you to customize and expand according to your needs. Inside, you'll find a thoughtful layout that has repurposed the original garage into a utility room and home office, maximizing functional space. Ample parking is available both at the front of the home and along the side, making it convenient for residents and visitors alike. Situated on Mayflower Meadow, a sought-after road in Spencers Wood, this location boasts not only tranquility but also accessibility. A short stroll leads you to local shops and bus services, while Junction 11 of the M4 is just minutes away, providing easy access to surrounding areas. The property benefits from an annual service charge of approximately £250, which covers communal ground maintenance for shared spaces such as the nearby wildlife area. This combination of features makes it an appealing prospect for those looking to invest in a property with room for personal touches and future growth. A viewing is strongly advised to appreciate its full potential.

Investment Analysis

(RG7 area)

Below Market Value

This property is priced -0.2% below area average per sq ft

-0.2%
Potential saving
This Property
£432/sq ft
Area Average
£433/sq ft
Avg Rent (weekly)
£377
Avg Yield
3.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£661,504
10% above area average per sq ft
Potential ROI
+6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (RG7)

Area prices are falling by +4.9% over the last 12 months
3 year growth: -1.1%
5 year growth: 8.6%
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

Mayflower Meadow, Spencers Wood, Reading, Berkshire, RG7 1YD
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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
£2,198
Based on a loan of £450,000 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

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