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Sutcliffe Avenue, Earley, Reading

South East

£450,000

Listed on 28/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1130 sqft

Description

This property in Maiden Erlegh presents a promising investment opportunity, set on an expansive plot with existing planning approval for significant renovation and extension. The current layout includes 3 bedrooms, a bathroom, a lounge/dining room, a kitchen, and a lean-to conservatory, paired with a large detached garage and ample driveway parking. Originally built by the local authority in the 1950s, this home requires updates to realize its full potential. The recently granted planning consent allows for the transformation into a spacious family house featuring up to 6 bedrooms and multiple reception rooms. The generous rear garden extends approximately 110 feet, creating rare outdoor space in this sought-after location, within reputable school catchment areas and close to transport links to Reading and the M4 motorway. This property offers not just a home but an exciting project for those looking to enhance their living space or invest for rental income.

Investment Analysis

(RG6 area)

Below Market Value

This property is priced -13.1% below area average per sq ft

-13.1%
Potential saving
This Property
£398/sq ft
Area Average
£459/sq ft
Avg Rent (weekly)
£475
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£569,916
10% above area average per sq ft
Potential ROI
+5.5%
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
20%
Properties sold annually

Local Market Trend (RG6)

Area prices are falling by -4.5% over the last 12 months
3 year growth: -4.7%
5 year growth: +5.5%
Investment Disclaimer: Analysis based on RG6 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

Sutcliffe Avenue, Earley, Reading
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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
£1,605
Based on a loan of £337,500 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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