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Grove Road, Emmer Green

South East

£380,000

Listed on 02/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
915 sqft

Description

This three-bedroom mid-terraced home is situated in the desirable area of Emmer Green, conveniently located near Caversham and Reading. While the property is in need of some modernisation, it presents a significant opportunity for investment and personalisation. The layout features an entrance porch with a built-in cupboard, a substantial 14ft sitting room complete with a fireplace, and a kitchen/dining area that flows through to a downstairs w/c. The covered rear porch provides access to an outdoor storage room. Upstairs, you'll find three bedrooms along with a family bathroom. This property boasts uPVC double glazing and gas-fired central heating, making it well-positioned for updates that could substantially increase its market value. Notably, this is the first time this home has been on the market since its original construction. The front garden offers a block-paved patio area alongside a concrete path leading to the entrance, complemented by mature hedging and lawn space. At the back, you’ll discover a manageable low-maintenance rear garden that is fully enclosed with timber fencing, featuring a patio area and mainly lawn space adorned with mature shrubs. Additionally, there's pedestrian access to the rear via a gate. With easy access to local amenities and transport links—including quick connections to central London—this property represents an exciting renovation project in an attractive location close to both urban conveniences and picturesque countryside.

Investment Analysis

(RG4 area)

Below Market Value

This property is priced -11.4% below area average per sq ft

-11.4%
Potential saving
This Property
£415/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£347
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£471,998
10% above area average per sq ft
Potential ROI
+16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (RG4)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -3.8%
5 year growth: +7.1%
Investment Disclaimer: Analysis based on RG4 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

Grove Road, Emmer Green
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,436
Based on a loan of £285,000 over 30 years at 4.45% 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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