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Rectory Road, Padworth Common, Reading, RG7 - Image 1
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Rectory Road, Padworth Common, Reading, RG7

South East

£650,000

Listed on 18/05/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
1447 sqft

Description

Nestled in the tranquil hamlet of Padworth Common, this property presents a unique opportunity for renovation and potential expansion, with the possibility to convert it into a larger family home, pending planning permissions. The residence is set on nearly half an acre and features four bedrooms, including a main suite with built-in wardrobes. It boasts a front-facing lounge and a separate dining area, along with a kitchen and utility room. Although it showcases charming stripped wood floors throughout most of the living space, the property is in need of considerable updating, making it an attractive prospect for those looking to enhance its appeal. The extensive rear garden, approximately 300 feet long, offers ample room for outdoor development or landscaping. With no onward chain and located near popular walking trails and diverse natural surroundings, this property is likely to attract interest from buyers seeking a project in a desirable setting.

Investment Analysis

(RG7 area)

Above Market Value

This property is priced +3.5% above area average per sq ft

+3.5%
This Property
£449/sq ft
Area Average
£434/sq ft
Avg Rent (weekly)
£339
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£690,877
10% above area average per sq ft
Potential ROI
-5.4%
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

Rectory Road, Padworth Common, 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
£2,319
Based on a loan of £487,500 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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