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The Delph, Lower Earley, Reading

South East

£450,000
Listed on 11/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
943 sqft

Description

This three-bedroom detached property presents a solid foundation for those looking to invest in a home with significant renovation potential. The ground floor is designed for practicality, featuring an entrance hall that leads to a convenient downstairs WC. The generous lounge serves as the main living area, while a separate dining room provides an excellent space for family gatherings or entertaining guests. The rear kitchen, spacious and functional, allows easy access to the garden, enhancing the property's overall usability. Moving upstairs, you'll find three well-proportioned bedrooms accessible from a central landing. The main bedroom is notably large, complemented by two additional rooms that can serve as children's bedrooms or even a home office. The family bathroom caters to the upper level's needs. Outside, the property boasts a sizeable rear garden that holds considerable promise for expansion opportunities, subject to planning permissions. To the front, there’s ample driveway parking along with an allocated parking space, ensuring convenience in this bustling area. Located within easy reach of local schools, shops, and essential amenities, not to mention good transport connections facilitating access to Reading town centre and the M4 corridor, this home represents an excellent chance to create a personalized living space in a desirable neighborhood of Lower Earley.

Investment Analysis

(RG6 area)

Above Market Value

This property is priced +4.6% above area average per sq ft

+4.6%
This Property
£477/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£511
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£473,372
10% above area average per sq ft
Potential ROI
-3.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

The Delph, Lower 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
£1,623
Based on a loan of £337,500 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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