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Lambwood Hill, Grazeley, Reading, RG7

South East

£410,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
871 sqft

Description

This delightful three-bedroom cottage in the tranquil hamlet of Grazely presents a unique chance for those looking to invest in a character home nestled within serene surroundings. Offering ample outdoor space, this property is set on a well-sized plot, providing privacy and a connection to nature, yet remains conveniently close to key transport routes such as Reading, Wokingham, and the M4. The property features beautifully arranged gardens that create multiple outdoor environments, including functional areas for parking and leisure, a secluded side garden perfect for relaxation, and a dedicated BBQ area that leads to a rear garden complete with a greenhouse and composting setup. A substantial semi-detached timber outbuilding adds practical storage options or could serve as an ideal workshop for gardening enthusiasts. Inside, the cottage showcases three bedrooms on the upper floor and retains considerable potential for modernisation. With its traditional layout exuding charm, there is significant scope to reconfigure or enhance spaces according to personal style preferences. This home stands as an inviting canvas ready to be tailored by its next owner. Ideal for individuals seeking both a peaceful retreat and an investment opportunity with character in a semi-rural locale, this property is close to Grazely CofE Primary School and offers easy access to local amenities and scenic walking trails. Its tranquil setting combined with ample outdoor space enhances its appeal for those looking for charm coupled with potential.

Investment Analysis

(RG7 area)

Above Market Value

This property is priced +8.4% above area average per sq ft

+8.4%
This Property
£471/sq ft
Area Average
£434/sq ft
Avg Rent (weekly)
£339
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£415,863
10% above area average per sq ft
Potential ROI
-11.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RG7)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -0.6%
5 year growth: +2.1%
Investment Disclaimer: Analysis based on RG7 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

Lambwood Hill, Grazeley, Reading, RG7
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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
£1,463
Based on a loan of £307,500 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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