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The Close, Woodcote, Reading

South East

£425,000
Listed on 07/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1066 sqft

Description

This three-bedroom semi-detached house offers significant development opportunities in the tranquil village of Woodcote. Located on a peaceful close, this property allows for potential upward and outward extensions, subject to planning permissions. The spacious layout includes a large living room, a separate dining area, a kitchen, and a convenient ground floor WC, complemented by generous storage options throughout. The upper level hosts three good-sized bedrooms along with a family bathroom. Outside, residents will appreciate the expansive rear garden, off-road parking, and a garage. Though the home requires modernization, it presents an excellent blank canvas for those looking to enhance its value through refurbishment or redevelopment. Woodcote is known for its reputable schools and local amenities while also being conveniently located for commuting to Reading and Oxford.

Investment Analysis

(RG8 area)

Below Market Value

This property is priced -18.0% below area average per sq ft

-18.0%
Potential saving
This Property
£399/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£395
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£570,001
10% above area average per sq ft
Potential ROI
+20.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (RG8)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -10.4%
5 year growth: +3.1%
Investment Disclaimer: Analysis based on RG8 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

The Close, Woodcote, 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
£1,533
Based on a loan of £318,750 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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