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Alderfield Close, Theale, Reading, Berkshire, RG7 - Image 1
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Alderfield Close, Theale, Reading, Berkshire, RG7 - Image 3
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Alderfield Close, Theale, Reading, Berkshire, RG7 - Image 5
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Alderfield Close, Theale, Reading, Berkshire, RG7 - Image 7
Alderfield Close, Theale, Reading, Berkshire, RG7 - Image 8
Alderfield Close, Theale, Reading, Berkshire, RG7 - Image 9
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Alderfield Close, Theale, Reading, Berkshire, RG7

South East

£280,000
Listed on 17/04/2026

Property Details

Bedrooms
1
Type
Semi Detached
Area
599 sqft

Description

This unique one-bedroom house presents an exciting opportunity for renovation and investment, located in the popular village of Theale. With two designated parking spaces and a private garden, this property has significant potential for growth through improvements and extensions, subject to planning permission. Conveniently situated within approximately 0.3 miles of the high street and Theale's mainline station—offering direct services to London Paddington and access to the Elizabeth Line—it's an ideal location for commuters. Junction 12 of the M4 is also just a mile away, ensuring excellent transport links. Constructed in the 1990s, this home has seen substantial updates over the last eight years under its current ownership. Enhancements include a newly fitted kitchen and bathroom, separation of the kitchen from the living area, and enclosure of the galleried bedroom for potential use as a walk-in wardrobe. An additional room upstairs can serve as a home office or extra storage. The grounded floor features an inviting lounge/dining area with direct access to the spacious rear garden, while upstairs boasts a generously sized bedroom equipped with fitted wardrobes. The enclosed garden enjoys a desirable south-west aspect and offers side access to the front where additional parking possibilities exist along with an EV charger. For first-time buyers or investors looking to maximize their return, this property holds real potential for conversion into a two-bedroom residence.

Investment Analysis

(RG7 area)

Above Market Value

This property is priced +8.2% above area average per sq ft

+8.2%
This Property
£467/sq ft
Area Average
£432/sq ft
Avg Rent (weekly)
£365
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£284,579
10% above area average per sq ft
Potential ROI
-11.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (RG7)

Area prices are falling by -5.6% over the last 12 months
3 year growth: +0.4%
5 year growth: +4.2%
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

Alderfield Close, Theale, Reading, Berkshire, RG7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£992
Based on a loan of £210,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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