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Saffron Close, Reading, RG6

South East

£500,000
Listed on 04/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
807 sqft

Description

Nestled in a tranquil cul-de-sac, this detached bungalow presents a unique opportunity for those looking to capitalize on renovation potential while enjoying a partially modernized living space. Although extensively refurbished in 2018 with updates including a new roof and comprehensive rewiring, the property retains areas that could benefit from further enhancement, making it ideal for investors or homeowners wanting to personalize their environment. The flexible layout features an open-plan design, seamlessly connecting the kitchen, living room, and additional family area. While stylish and contemporary elements have been incorporated, there may be opportunities to upgrade the kitchen or living spaces further. The generous side plot offers considerable scope for expansion; subject to planning permission, it can accommodate a side extension or additional outdoor structures. Two well-lit double bedrooms ensure comfort while the well-appointed family bathroom and private rear garden provide functional living outdoors. The extensive driveway adds value by ensuring ample parking space. Saffron Close is situated within easy reach of local amenities, public transport links, and major roadways enhancing its desirability for both residential enjoyment and investment purposes.

Investment Analysis

(RG6 area)

Above Market Value

This property is priced +35.8% above area average per sq ft

+35.8%
This Property
£620/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£511
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£405,102
10% above area average per sq ft
Potential ROI
-25.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (RG6)

Area prices are falling by -6.4% over the last 12 months
3 year growth: -3.2%
5 year growth: +5.9%
Investment Disclaimer: Analysis based on RG6 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

Saffron Close, Reading, RG6
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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
£1,803
Based on a loan of £375,000 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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