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Milldown Road, Goring, Reading, Oxfordshire, RG8

South East

£800,000
Listed on 20/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1954 sqft

Description

This detached family residence, situated on the desirable Milldown Road, presents an excellent opportunity for those looking to invest in a property with significant renovation potential. While the home requires modernisation, it boasts a generous layout of nearly 2200 sqft that includes an open plan living space and four spacious bedrooms. The property is complemented by a large conservatory and a versatile study area. Outside, the substantial garden offers mature planting and ample space, bordered by local primary school grounds. With no onward chain and located in Goring—a village primed for commuting to London and Reading—this property is ripe for transformation into a bespoke family home in a picturesque setting.

Investment Analysis

(RG8 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£409/sq ft
Area Average
£484/sq ft
Avg Rent (weekly)
£402
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,039,342
10% above area average per sq ft
Potential ROI
+15.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (RG8)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -11.7%
5 year growth: +2.5%
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

Milldown Road, Goring, Reading, Oxfordshire, RG8
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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
£2,885
Based on a loan of £600,000 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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