Worst House on the Street Logo
Tilehurst, Reading - Image 1
Tilehurst, Reading - Image 2
Tilehurst, Reading - Image 3
Tilehurst, Reading - Image 4
Tilehurst, Reading - Image 5
Tilehurst, Reading - Image 6
Tilehurst, Reading - Image 7
Tilehurst, Reading - Image 8
Tilehurst, Reading - Image 9
Tilehurst, Reading - Image 10
Tilehurst, Reading - Image 11

Tilehurst, Reading

South East

£1,500,000
Listed on 23/11/2025

Property Details

Bedrooms
6
Type
Detached house

Description

This spacious six-bedroom detached chalet bungalow presents a significant opportunity for both renovation and redevelopment, featuring existing planning permissions to extend the current structure into an impressive 4,800 sq.ft luxury home. The property is set on a generous plot with well-established gardens and outbuildings, allowing for diverse development options. Accessible via a private driveway shared with only two neighboring homes, this residence enjoys both privacy and convenience. Currently, the layout includes an entrance porch, living areas, multiple bedrooms, and ample storage across two floors; however, modernization is required throughout. With planning granted for an additional 2,500 sq.ft dwelling from the existing workshop, as well as approval for another substantial family home of 3,000 sq.ft on-site, this property offers exceptional investment potential. Ideal for developers or those seeking to create a bespoke family estate in a sought-after area of the South East.

Investment Analysis

(RG31 area)
Area Average
£425/sq ft
Avg Rent (weekly)
£336
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (RG31)

Area prices are rising by +3.7% over the last 12 months
3 year growth: 2.5%
5 year growth: 21.1%
Investment Disclaimer: Analysis based on RG31 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

Tilehurst, Reading
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£5,495
Based on a loan of £1,125,000 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

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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