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Benson Close, Reading

South East

£465,000
Listed on 28/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1192 sqft

Description

Nestled in a desirable cul-de-sac in South Reading, this four-bedroom detached residence holds considerable promise for those eager to enhance and personalize their living space. Ideally positioned for ease of access to the University of Reading and Reading town centre, it is also conveniently close to public transport links and various retail parks. While the interior is tidy and well-kept, it presents an excellent canvas for modernization, allowing buyers the unique opportunity to shape it into their dream family home. The layout features spacious ground-floor living areas along with four generously sized bedrooms on the upper level. Outside, the property boasts a substantial garden area that not only allows for potential expansion or development (subject to local planning regulations) but also includes a sizeable double garage that offers ample storage or conversion possibilities. With no onward chain, this property represents a compelling investment opportunity in a well-connected and sought-after area.

Investment Analysis

(RG2 area)

Below Market Value

This property is priced -7.6% below area average per sq ft

-7.6%
Potential saving
This Property
£390/sq ft
Area Average
£422/sq ft
Avg Rent (weekly)
£375
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£553,523
10% above area average per sq ft
Potential ROI
+7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RG2)

Area prices are falling by -9.4% over the last 12 months
3 year growth: -6.8%
5 year growth: +2.1%
Investment Disclaimer: Analysis based on RG2 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

Benson Close, Reading
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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
£1,647
Based on a loan of £348,750 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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