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Redhatch Drive, Earley, Reading

South East

£475,000
Listed on 05/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1033 sqft

Description

This is an excellent opportunity for investors or those looking to create their ideal family home through modernisation and potential extension. Located in the desirable Maiden Erlegh area, this charming semi-detached house from the 1950s features three bedrooms, a spacious lounge, a dining room that connects to a cozy sitting area, a kitchen, and a family bathroom. The property also boasts off-street driveway parking, a large detached garage, and gardens that offer ample space for improvement. While it currently requires general updating and refurbishment throughout, its prime location near the university and easy access to local amenities make it an attractive proposition. Additionally, transport links are nearby facilitating commutes to Reading's town centre and beyond. With no onward chain involved, this property presents a blank canvas for creating a modern living space tailored to your specifications.

Investment Analysis

(RG6 area)

Above Market Value

This property is priced +0.8% above area average per sq ft

+0.8%
This Property
£460/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£511
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£518,551
10% above area average per sq ft
Potential ROI
-1.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Redhatch 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
£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.

Next Steps

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