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Chagford Road, Reading, Berkshire

South East

£350,000
Listed on 30/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
654 sqft

Description

This property presents a solid investment opportunity in a desirable residential area to the south of Reading. Offering convenient access to local amenities, schools, and transport links, it's positioned well for both lifestyle and rental potential. The home is arranged over two floors, featuring a spacious living/dining room that serves as an inviting space for relaxation and social activities. The fitted kitchen, complete with base and wall units, offers practicality with direct access to the rear garden. A ground floor bathroom adds convenience to the layout.<br><br>Upstairs, you will find two generously sized double bedrooms that provide ample room for furniture and storage solutions—ideal for first-time buyers or young families looking to establish their roots in this growing community. The good-sized rear garden is mostly laid to lawn with patio areas and includes useful outbuildings, making it perfect for outdoor gatherings or future landscaping projects. Furthermore, there’s potential for off-street parking options at the front of the property (subject to obtaining relevant planning permissions).<br><br>Located within easy reach of Reading town centre and major transport routes including the M4 motorway and Reading mainline station—offering swift access into London Paddington—this home is well-positioned. With no onward chain, there's an opportunity here to not only move in but also consider potential extensions or enhancements that could increase its value. Early viewings are recommended to seize this chance.

Investment Analysis

(RG2 area)

Above Market Value

This property is priced +25.3% above area average per sq ft

+25.3%
This Property
£535/sq ft
Area Average
£427/sq ft
Avg Rent (weekly)
£393
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£307,328
10% above area average per sq ft
Potential ROI
-22.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (RG2)

Area prices are falling by -9.7% over the last 12 months
3 year growth: -6.5%
5 year growth: +5.7%
Investment Disclaimer: Analysis based on RG2 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

Chagford Road, Reading, Berkshire
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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
£1,262
Based on a loan of £262,500 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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