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Clevedon Drive, Earley, Reading

South East

£665,000
Listed on 30/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1528 sqft

Description

Situated in a well-regarded area of Maiden Erlegh, this property presents an appealing opportunity for those looking to invest in a home with potential. The residence features four bedrooms, including an ensuite shower room, alongside a family bathroom and a convenient downstairs cloakroom. The spacious layout comprises a lounge, separate dining room, kitchen, utility room, and a conservatory that enhances the living space. Outside, large gardens offer ample prospect for expansion or enhancement, subject to necessary permissions. Built by Bovis Homes in 1979 and available for the first time since its original construction, the property has seen various updates but now requires further modernization to realize its full potential. The location benefits from proximity to educational institutions and excellent transport links to Reading town centre and beyond. This is an ideal chance for families seeking to customize their future home while adding value through renovation.

Investment Analysis

(RG6 area)

Below Market Value

This property is priced -4.6% below area average per sq ft

-4.6%
Potential saving
This Property
£435/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£511
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£767,033
10% above area average per sq ft
Potential ROI
+7.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (RG6)

Area prices are falling by +6.4% over the last 12 months
3 year growth: -3.2%
5 year growth: 5.9%
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

Clevedon Drive, Earley, 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
£2,398
Based on a loan of £498,750 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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