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Palmer Park Avenue, Reading, Berkshire - Image 1
Palmer Park Avenue, Reading, Berkshire - Image 2
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Palmer Park Avenue, Reading, Berkshire

South East

£400,000
Listed on 07/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
976 sqft

Description

This semi-detached home is conveniently situated opposite Palmer Park, presenting a promising opportunity for renovation enthusiasts. Spanning three levels, the layout includes two reception areas on the ground floor alongside a narrow galley kitchen. The first floor features three bedrooms and a bathroom, while the top floor adds extra bedroom space with useful eaves storage. Although the property is in need of comprehensive modernization throughout, it boasts a functional design and generous square footage. Located in a sought-after residential neighborhood, homeowners will benefit from immediate access to the park, various local shops, reliable bus routes into Reading town centre, and straightforward connections to major roadways such as the A4 and M4. This property stands out as an excellent project for those seeking to enhance its value in a vibrant area with lush green surroundings.

Investment Analysis

(RG6 area)

Below Market Value

This property is priced -10.2% below area average per sq ft

-10.2%
Potential saving
This Property
£410/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£568
Avg Yield
5.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£489,937
10% above area average per sq ft
Potential ROI
-0.0%
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

Palmer Park Avenue, 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
£1,465
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.

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