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Reading Road, Lower Basildon, Reading, Berkshire, RG8 - Image 1
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Reading Road, Lower Basildon, Reading, Berkshire, RG8

South East

£700,000
Listed on 15/11/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
1600 sqft

Description

This semi-detached 5-bedroom residence in the desirable village of Lower Basildon presents a compelling opportunity for renovation and investment. Set on approximately 0.6 acres of landscaped grounds, the property features sweeping views of open fields and the picturesque Berkshire countryside, making it an appealing choice for those who appreciate natural beauty alongside modern convenience. The home offers spacious accommodation with five well-sized bedrooms, complemented by one bathroom and two additional toilets—ideal for families or those who frequently host guests. Two generous reception rooms provide flexible layouts suitable for both relaxed gatherings and formal entertaining. The kitchen, complete with ample storage and workspace, lends itself to creating a welcoming environment for al fresco dining. The principal bedroom suite boasts lovely countryside views and comes equipped with considerable wardrobe space. The additional bedrooms are bright and adaptable, easily serving as guest rooms, home offices, or hobby spaces as needed. This versatile layout ensures comfort and practicality throughout the home. Outside, mature trees enhance the property's charm while an expansive patio area invites outdoor entertaining. The surrounding land presents opportunities for recreation or gardening endeavors. A substantial driveway provides ample parking space leading to a triple garage, alongside additional outhouses that could be utilized as workshops or converted into additional living space pending planning permissions. Located in a tranquil area that balances rural serenity with accessibility, this property is conveniently situated near local amenities, reputable schools, and transport links to Reading, Pangbourne, and London. With potential for enhancement through refurbishment or redevelopment (subject to the necessary planning approvals), this residence stands out as a significant investment opportunity in one of Berkshire's most coveted settings. Prospective buyers are encouraged to view this unique property to fully grasp its size and potential for transformation.

Investment Analysis

(RG8 area)

Below Market Value

This property is priced -9.1% below area average per sq ft

-9.1%
Potential saving
This Property
£438/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
£846,648
10% above area average per sq ft
Potential ROI
+5.8%
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

Reading Road, Lower Basildon, 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
£2,564
Based on a loan of £525,000 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.

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