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Reading Road, Padworth Common, Reading, Berkshire, RG7 - Image 1
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Reading Road, Padworth Common, Reading, Berkshire, RG7 - Image 8
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Reading Road, Padworth Common, Reading, Berkshire, RG7

South East

£750,000
Listed on 12/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Nestled within an expansive 3.4-acre plot, this detached period cottage known as Fernlea offers a compelling opportunity for those looking to invest in a property with significant potential for modernization and redevelopment (subject to necessary planning approvals). The home is situated in a sought-after semi-rural area, providing a unique blend of tranquility and accessibility. Transport connections to Reading and Newbury are conveniently close, while the nearby villages of Mortimer, Burghfield, Theale, and Aldermaston provide excellent local amenities and educational facilities—ideal for any family wanting to enjoy country living without sacrificing connectivity. The existing layout includes three bedrooms and a family bathroom on the upper level, complemented by three reception areas, a kitchen with an adjoining pantry, and a convenient WC on the ground floor. The extensive grounds also feature several outbuildings, adding further possibilities for development. Fernlea presents an exceptional canvas for those keen to create their dream residence or enhance its current appeal through thoughtful renovations. With its sizeable grounds allowing room for expansion or complete redevelopment opportunities (subject to planning), this property is particularly appealing to cash buyers due to its present condition. Offered with no onward chain, it's an exciting chance to bring your vision to life in this desirable location.

Investment Analysis

(RG7 area)
Area Average
£433/sq ft
Avg Rent (weekly)
£377
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (RG7)

Area prices are falling by +4.9% over the last 12 months
3 year growth: -1.1%
5 year growth: 8.6%
Investment Disclaimer: Analysis based on RG7 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, Padworth Common, Reading, Berkshire, RG7
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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
£2,747
Based on a loan of £562,500 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