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Skilton Road, Tilehurst, Reading, RG31 - Image 1
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Skilton Road, Tilehurst, Reading, RG31

South East

£475,000
Listed on 18/03/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

Located in the desirable area of Tilehurst, this Cooks-built detached bungalow presents a rare opportunity for renovation and investment. Spanning approximately 1,092 sq ft, the property is set on a generous plot that offers both privacy and potential for expansion or reconfiguration, pending necessary planning approvals. With its classic kerb appeal and well-structured layout, this home features a welcoming entrance hall that leads into a spacious lounge and a separate dining area, all bathed in natural light. The kitchen is functional but could benefit from updates to meet modern tastes. The accommodation comprises two sizable bedrooms along with a family bathroom, all currently in comfortable condition yet ripe for modernization. The existing gas radiator heating system and double-glazed uPVC windows add practicality to the living space. Outside, the property boasts an impressive approximately 90ft garden facing south-west, providing ample room for landscaping or outdoor entertaining. With its solid construction and established residential setting, this bungalow is an ideal blank canvas for those looking to create their perfect long-term home while enjoying the possibility of increasing its value through thoughtful renovations.

Investment Analysis

(RG31 area)
Area Average
£429/sq ft
Avg Rent (weekly)
£347
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
72%
Properties sold annually

Local Market Trend (RG31)

Area prices are rising by +5.1% over the last 12 months
3 year growth: +2.3%
5 year growth: +16.8%
Investment Disclaimer: Analysis based on RG31 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

Skilton Road, Tilehurst, Reading, RG31
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Mortgage Calculator

£
£
£
%
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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.

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