Worst House on the Street Logo
Sheep Walk, Emmer Green, Reading - Image 1
Sheep Walk, Emmer Green, Reading - Image 2
Sheep Walk, Emmer Green, Reading - Image 3
Sheep Walk, Emmer Green, Reading - Image 4
Sheep Walk, Emmer Green, Reading - Image 5
Sheep Walk, Emmer Green, Reading - Image 6
Sheep Walk, Emmer Green, Reading - Image 7
Sheep Walk, Emmer Green, Reading - Image 8
Sheep Walk, Emmer Green, Reading - Image 9
Sheep Walk, Emmer Green, Reading - Image 10
Sheep Walk, Emmer Green, Reading - Image 11

Sheep Walk, Emmer Green, Reading

South East

£695,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1998 sqft

Description

This four-bedroom split-level detached home is situated on a spacious and private plot in the desirable Caversham Conservation Area, just a mile from the heart of Caversham. While the property has various extensions and features, it presents a significant opportunity for modernization to create a tailored family residence. The layout includes multiple living spaces, such as a generous living room with dual aspects and French doors leading to the garden, as well as an adaptable study that could serve various purposes. The kitchen, while functional, would benefit from contemporary updates to maximize its potential. Outside, the extensive rear garden offers plenty of scope for landscaping or even further development, subject to planning permissions. With amenities close by and excellent transport links via Reading Station, this property is ideal for those looking to invest in a home that can be transformed to suit personal tastes while enjoying the benefits of a prime location.

Investment Analysis

(RG4 area)

Below Market Value

This property is priced -25.9% below area average per sq ft

-25.9%
Potential saving
This Property
£348/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£376
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,031,537
10% above area average per sq ft
Potential ROI
+33.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (RG4)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -3.1%
5 year growth: +9.1%
Investment Disclaimer: Analysis based on RG4 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

Sheep Walk, Emmer Green, Reading
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,507
Based on a loan of £521,250 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates