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Newbery Close, Tilehurst, Reading

South East

£185,000
Listed on 09/12/2025

Property Details

Bedrooms
1
Type
Flat
Area
668 sqft

Description

This first-floor maisonette, nestled in a desirable cul-de-sac, offers a blank canvas for potential buyers looking to invest in a property that requires complete modernization. Located conveniently close to open parkland and within easy walking distance of Tilehurst railway station, which provides direct services to central London via Paddington, this one-bedroom home is well-positioned for both living and commuting. The property boasts an entrance hall leading up to the landing, alongside a living room, kitchen, double bedroom, and bathroom. Additional amenities include gas radiator central heating (currently untested) and UPVC double glazing. Outside, residents can enjoy an enclosed rear garden along with an integral garage—an invaluable asset given the absence of off-street parking options. With no onward chain, this property presents a prime opportunity for first-time buyers or investors eager to transform a space into their own vision.

Investment Analysis

(RG31 area)

Below Market Value

This property is priced -34.9% below area average per sq ft

-34.9%
Potential saving
This Property
£277/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£336
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£312,474
10% above area average per sq ft
Potential ROI
+38.9%
After renovation
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

Newbery Close, Tilehurst, Reading
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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
£678
Based on a loan of £138,750 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