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The Horse Close, Emmer Green, Reading, Berkshire, RG4 - Image 1
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The Horse Close, Emmer Green, Reading, Berkshire, RG4

South East

£622,000
Listed on 06/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow presents a significant opportunity for investors and renovators alike, particularly as it is offered with no onward chain. Set on a generous plot of 0.18 acres, the property boasts ample space that could be utilized further with potential extensions, subject to obtaining the necessary planning permissions. The interior features an entrance hallway leading to a spacious living room and a sizable conservatory, ideal for enhancing natural light and warmth. The kitchen connects to a separate dining room, providing flexible living arrangements. Three double bedrooms offer plenty of accommodation options, along with a WC and family bathroom that may benefit from modernisation. Externally, the property features a driveway capable of accommodating multiple vehicles and a wrap-around garden that enhances its outdoor appeal. Located just 1.8 miles from Reading town centre’s mainline railway station for swift access into London, this home is also conveniently close to Caversham high street’s amenities and within walking distance of highly regarded local schools. Overall, this bungalow offers not just comfortable living but also substantial renovation potential in an attractive area.

Investment Analysis

(RG4 area)
Area Average
£466/sq ft
Avg Rent (weekly)
£406
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RG4)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -0.5%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on RG4 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

The Horse Close, Emmer Green, Reading, Berkshire, RG4
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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
£2,279
Based on a loan of £466,500 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