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Burghfield Road, Reading, Berkshire - Image 1
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Burghfield Road, Reading, Berkshire

South East

£500,000
Listed on 16/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1402 sqft

Description

Located on the desirable Burghfield Road, this spacious three-bedroom detached house presents significant opportunities for renovation and development, particularly given the existing plans for five new homes on the expansive plot. The property features a large driveway capable of accommodating several vehicles and allows for potential extensions or a complete redevelopment into a larger family home if desired. Inside, the layout includes a welcoming entrance hall leading to two generous reception areas, a fitted kitchen, and a family bathroom. The upper level consists of three adaptable bedrooms that can cater to modern living needs. The private rear garden offers ample space that could be transformed through landscaping or expansion projects. Conveniently located near Reading town center, schools, and major transport routes such as the M4 and Reading West station, this property not only benefits from its prime location but also stands as an attractive option for those looking to invest in its future potential.

Investment Analysis

(RG30 area)

Below Market Value

This property is priced -6.1% below area average per sq ft

-6.1%
Potential saving
This Property
£357/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£307
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£585,959
10% above area average per sq ft
Potential ROI
-0.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (RG30)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 7.5%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on RG30 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

Burghfield Road, Reading, Berkshire
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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
£1,832
Based on a loan of £375,000 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.

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