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Appletree Lane, Spencers Wood, Reading, Berkshire, RG7 - Image 1
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Appletree Lane, Spencers Wood, Reading, Berkshire, RG7 - Image 8
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Appletree Lane, Spencers Wood, Reading, Berkshire, RG7 - Image 10

Appletree Lane, Spencers Wood, Reading, Berkshire, RG7

South East

£425,000
Listed on 17/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1016 sqft

Description

This semi-detached home in Spencers Wood is a promising opportunity for those seeking to personalize a well-established property. With no onward chain, buyers can focus on their vision without delay. The property is currently in good condition, making it an excellent canvas for renovations. It features an entrance hall with storage, a dining room, a spacious living room, and a conservatory that opens up to the fitted kitchen. Upstairs, there are three generously sized bedrooms and a shower room that offer further scope for modern updates. Externally, the property boasts driveway parking for three vehicles along with a single garage equipped with an electric door. The rear garden benefits from an Easterly aspect and backs onto allotments, ensuring privacy and tranquility for added appeal. Located conveniently near shops and amenities as well as Wokingham and Reading town centres, this home is well-positioned for commuters taking advantage of excellent transport links including the nearby M4 motorway.

Investment Analysis

(RG7 area)

Below Market Value

This property is priced -4.3% below area average per sq ft

-4.3%
Potential saving
This Property
£418/sq ft
Area Average
£437/sq ft
Avg Rent (weekly)
£400
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£488,726
10% above area average per sq ft
Potential ROI
+7.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (RG7)

Area prices are falling by +4.5% over the last 12 months
3 year growth: -1.1%
5 year growth: 6.7%
Investment Disclaimer: Analysis based on RG7 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

Appletree Lane, Spencers Wood, Reading, Berkshire, RG7
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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
£1,557
Based on a loan of £318,750 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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