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Malone Road, Woodley, Reading, Berkshire, RG5

South East

£400,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1287 sqft

Description

This semi-detached three-bedroom family home on Malone Road, Woodley, presents an appealing renovation opportunity for investors or families looking to create their ideal living space. The property boasts a generous layout that includes multiple reception areas, a conservatory that overlooks the garden, and a useful garage which could be transformed into additional living space with the appropriate permissions. The entrance hall welcomes you into a bright sitting room ideal for day-to-day use, while the separate dining room is perfect for gatherings and opens up to the conservatory, enhancing the overall light and space. The kitchen offers practical access to the side of the house and is complemented by a ground floor shower room, adding convenience for family living. Upstairs, you will find three bedrooms comprised of two spacious doubles and a single that could serve as a child’s bedroom or home office. A family bathroom rounds off this level. Situated in close proximity to local amenities including supermarkets, healthcare facilities, and reputable schools, this property also affords easy access to parks and leisure activities in Woodley. Excellent transport links are available nearby with convenient access to railway stations leading to Reading, London Waterloo, and Gatwick Airport, as well as major roadways such as the A329(M) and M4. With considerable potential for improvement and expansion in a desirable area, this property is well-positioned for those seeking a project with rewarding outcomes.

Investment Analysis

(RG5 area)

Below Market Value

This property is priced -28.3% below area average per sq ft

-28.3%
Potential saving
This Property
£311/sq ft
Area Average
£434/sq ft
Avg Rent (weekly)
£386
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£613,777
10% above area average per sq ft
Potential ROI
+41.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (RG5)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +4.1%
5 year growth: +12.2%
Investment Disclaimer: Analysis based on RG5 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

Malone Road, Woodley, Reading, Berkshire, RG5
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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
£1,417
Based on a loan of £300,000 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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