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Mead Close, Peasemore RG20 7JD

South East

£585,000
Listed on 01/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1428 sqft

Description

This versatile detached family residence is nestled in a peaceful cul-de-sac within a sought-after rural village. The property features an inviting entrance hall leading to various living spaces, including a cozy sitting room with an open fireplace and a dual-aspect family room that fills the home with natural light. The open-plan kitchen/dining room and large utility area present excellent opportunities for modernisation or reconfiguration to enhance the layout. Upstairs, the master suite boasts an en-suite shower room, complemented by two additional double bedrooms and a single bedroom that could also serve as a study. The family bathroom is functional, awaiting personal touches. Externally, the property offers ample off-road parking and a generous private garden that wraps around the house, providing potential for vegetable patches or even expansion (subject to planning permission). With its proximity to local amenities and beautiful countryside views, this home presents significant renovation potential for investors or families looking to customize their perfect space.

Investment Analysis

(RG20 area)

Below Market Value

This property is priced -3.6% below area average per sq ft

-3.6%
Potential saving
This Property
£410/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£442
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£667,826
10% above area average per sq ft
Potential ROI
+6.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (RG20)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +2.9%
5 year growth: +12.7%
Investment Disclaimer: Analysis based on RG20 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

Mead Close, Peasemore RG20 7JD
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,087
Based on a loan of £438,750 over 30 years at 3.97% 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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