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Hartsbourne Road, Earley, Reading - Image 1
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Hartsbourne Road, Earley, Reading

South East

£400,000
Listed on 03/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
592 sqft

Description

This detached bungalow, constructed by Cooks in the 1950s, presents a significant opportunity for those looking to invest in a property with room for growth and modernization. Featuring two double bedrooms, a lounge/dining area, kitchen, bathroom, garage, and driveway parking, this home is equipped with gas central heating and double glazing. While the interior requires updating and the rear garden currently needs attention due to overgrowth, it boasts a generous size of approximately 33ft to 50ft deep and about 40ft wide. Its proximity to local amenities such as the University campus, Maiden Erlegh Lake, various schools, and shopping facilities makes this location particularly desirable. With good transport links to Reading town centre and easy access to the M4 motorway, this property is well-placed for both personal use or rental potential. Given that it has a recent Gas Safety Certificate and Electrical Installation Condition Report in hand, you can focus on revitalizing the space with your vision. This bungalow also offers potential for expansion (subject to consents), making it a compelling choice for investors or those wishing to create their dream home.

Investment Analysis

(RG6 area)

Above Market Value

This property is priced +48.1% above area average per sq ft

+48.1%
This Property
£676/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£568
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£297,175
10% above area average per sq ft
Potential ROI
-34.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (RG6)

Area prices are falling by +5.0% over the last 12 months
3 year growth: -1.0%
5 year growth: 6.7%
Investment Disclaimer: Analysis based on RG6 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

Hartsbourne Road, Earley, 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
£1,465
Based on a loan of £300,000 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.

Next Steps

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