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Shirley Avenue, Reading, RG2

South East

£375,000
Listed on 02/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
910 sqft

Description

This semi-detached bungalow is situated in a highly sought-after area of Reading and presents an excellent opportunity for renovation with the added benefit of no onward chain. The property features three bedrooms, with two positioned at the front, as well as a lounge, kitchen, bathroom, and separate toilet. A conservatory adds extra living space. Notably, the loft is fully boarded, offering potential for further expansion. The exterior includes a mainly lawned front garden, a side carport, and a generous rear garden extending approximately 100ft with a southerly aspect and patio area. Local amenities are conveniently located within walking distance, including a Co-op, hairdressers, doctor's surgery, sports centre, and several well-rated schools. The M4 motorway junction 11 is easily accessible by car for routes towards London or the West Country. Public transport options are also close by with a bus terminal just minutes away providing regular services to Reading town centre, including connections to The Royal Berkshire Hospital and the University of Reading. Green Park train station is likewise within a short drive for trains towards Basingstoke and access to the Elizabeth Line into Central Reading.

Investment Analysis

(RG2 area)

Below Market Value

This property is priced -3.7% below area average per sq ft

-3.7%
Potential saving
This Property
£412/sq ft
Area Average
£428/sq ft
Avg Rent (weekly)
£376
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£428,378
10% above area average per sq ft
Potential ROI
+3.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (RG2)

Area prices are falling by -9.4% over the last 12 months
3 year growth: -6.7%
5 year growth: +4.7%
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

Shirley Avenue, Reading, RG2
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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
£1,352
Based on a loan of £281,250 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.

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