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Whitley Wood Lane, Reading RG2

South East

£325,000

Listed on 28/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
739 sqft

Description

This semi-detached property located in a desirable area of South Reading offers a promising opportunity for those looking to invest in a renovation project. While the home is currently in need of modernization, its layout and location make it an attractive option for both first-time buyers and investors. Inside, you'll find an entrance porch leading into a spacious living room featuring a bay window that invites plenty of natural light. The kitchen, cloakroom, and family bathroom are also included on the ground floor. Upstairs, there are two generously sized double bedrooms. The extensive garden at the rear boasts a patio area that transitions to a lawn, with additional garden space providing further potential for landscaping or outdoor entertainment areas. With no onward chain, this property stands ready for someone to transform it into their ideal home or rental investment.

Investment Analysis

(RG2 area)

Above Market Value

This property is priced +4.6% above area average per sq ft

+4.6%
This Property
£440/sq ft
Area Average
£420/sq ft
Avg Rent (weekly)
£362
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£341,784
10% above area average per sq ft
Potential ROI
-2.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (RG2)

Area prices are falling by -8.0% over the last 12 months
3 year growth: -4.9%
5 year growth: +4.2%
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

Whitley Wood Lane, Reading RG2
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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
£1,159
Based on a loan of £243,750 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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