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Eric Avenue, Emmer Green, Reading

South East

£575,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1425 sqft

Description

This three-bedroom, two-bathroom detached bungalow presents a valuable opportunity for investors or homeowners seeking to add their own touch. Located in the desirable Emmer Green area, it offers considerable potential with a large garage and an expansive rear garden featuring a well-established layout. The property includes a spacious hallway leading into an open-plan living and dining area that opens onto the rear garden, along with a fitted kitchen. The master bedroom boasts an en-suite shower room, complemented by two additional bedrooms and a family bathroom. The home benefits from gas central heating, built-in storage solutions, and ample off-road parking thanks to the substantial block-paved driveway. A personal door from the garage conveniently connects to the main living space. The outdoor area features a generous lawn and a paved patio suitable for entertaining, all enclosed by timber fencing for privacy. Set on Eric Avenue, this tranquil residential road is surrounded by amenities and excellent transport links, including easy access to Reading's vibrant town centre and convenient connections to both London Paddington and major motorways. Potential buyers may find opportunities to modernize or reconfigure the internal spaces according to modern standards while enjoying the benefits of living in this sought-after location.

Investment Analysis

(RG4 area)

Below Market Value

This property is priced -13.5% below area average per sq ft

-13.5%
Potential saving
This Property
£404/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£406
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£731,004
10% above area average per sq ft
Potential ROI
+17.0%
After renovation
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

Eric Avenue, Emmer Green, 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
£2,106
Based on a loan of £431,250 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