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Fairwater Drive, Woodley, Reading, Berkshire, RG5

South East

£390,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home presents a valuable investment opportunity in a desirable area, conveniently located near Woodley Precinct, which offers an array of shops, restaurants, and a Waitrose supermarket. The property comprises an entrance hallway, an open plan living and dining area, a kitchen with access to the garden, three bedrooms on the upper level, and a family bathroom. The rear garden is privately enclosed and includes a garage, while off-street parking is available at the front. Notably, there is potential for further extension of the property (subject to obtaining necessary planning permissions), making it an attractive option for those looking to increase its value through renovation. A viewing is advised to fully appreciate the possibilities this home holds.

Investment Analysis

(RG5 area)
Area Average
£432/sq ft
Avg Rent (weekly)
£353
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (RG5)

Area prices are stable by +1.0% over the last 12 months
3 year growth: 5.4%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on RG5 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

Fairwater Drive, Woodley, Reading, Berkshire, RG5
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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
£1,429
Based on a loan of £292,500 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.

Next Steps

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