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Larissa Close, Tilehurst, Reading

South East

£475,000
Listed on 15/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1135 sqft

Description

This charming three-bedroom semi-detached home is nestled in a tranquil cul-de-sac, directly adjacent to Arthur Newbury Park. With the unique advantage of no onward chain, this property is ideally suited for those looking to invest and enhance its value through renovation. The home features a modern kitchen and a spacious living room that flows into an orangery with bi-fold doors opening onto a well-maintained garden—ideal for merging indoor and outdoor living. The upper level boasts three generously sized double bedrooms, including a main suite with an en-suite shower room, complemented by a stylish four-piece family bathroom serving the other two bedrooms. The landscaped rear garden is fully enclosed, presenting opportunities for further enhancement or extension, subject to planning permissions. Numerous nearby properties have successfully completed loft conversions to elevate their accommodation space and increase property value. Located just a short stroll from Tilehurst Village's amenities and near excellent transport links to London Paddington and beyond, this residence has considerable potential for growth through thoughtful renovations and expansions.

Investment Analysis

(RG31 area)

Below Market Value

This property is priced -2.3% below area average per sq ft

-2.3%
Potential saving
This Property
£419/sq ft
Area Average
£429/sq ft
Avg Rent (weekly)
£347
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£535,045
10% above area average per sq ft
Potential ROI
-1.8%
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
72%
Properties sold annually

Local Market Trend (RG31)

Area prices are rising by +5.1% over the last 12 months
3 year growth: +2.3%
5 year growth: +16.8%
Investment Disclaimer: Analysis based on RG31 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

Larissa Close, Tilehurst, Reading
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 over 30 years at 4.06% 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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