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Meadow Way, Theale, Reading, Berkshire, RG7

South East

£275,000
Listed on 03/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1129 sqft

Description

This three-bedroom residence is an exceptional find for cash buyers seeking a renovation project with significant upside potential. The property is in need of comprehensive refurbishment, allowing new owners to fully customize and transform the space into a modern family home that reflects their personal style. The layout features a welcoming entrance hall leading to a spacious living room, an original kitchen, and a bright conservatory that opens to the private rear garden. Upstairs, you'll discover three well-sized bedrooms alongside a family bathroom, all of which are primed for updates. Additional advantages include a private garden and access to a garage in a nearby block, providing extra storage or parking options. With no onward chain, this property presents an inviting opportunity for investors and developers alike. Located in Theale, a charming village in West Berkshire that boasts easy access to Reading and London via excellent transport links, this home sits within a vibrant community rich with local amenities including shops, cafés, and recreational paths along the Kennet & Avon Canal. This area’s blend of rural charm and accessibility makes it attractive for families and professionals looking to settle in a friendly environment.

Investment Analysis

(RG7 area)

Below Market Value

This property is priced -43.5% below area average per sq ft

-43.5%
Potential saving
This Property
£244/sq ft
Area Average
£431/sq ft
Avg Rent (weekly)
£380
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£535,818
10% above area average per sq ft
Potential ROI
+55.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (RG7)

Area prices are falling by -2.5% over the last 12 months
3 year growth: 0.0%
5 year growth: +6.4%
Investment Disclaimer: Analysis based on RG7 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

Meadow Way, Theale, Reading, Berkshire, RG7
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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
£992
Based on a loan of £206,250 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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