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South Lake Crescent, Woodley, RG5

South East

£400,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1112 sqft

Description

This three-bedroom semi-detached home in the sought-after Southlake Crescent area of Woodley offers an excellent canvas for renovation enthusiasts and investors. Spanning approximately 1,112 sq ft, the property presents ample potential to modernize and possibly extend, contingent on planning permissions. The ground floor features a welcoming entrance hall leading to a spacious living room with views over the rear garden, alongside a separate study that can serve as an office or additional bedroom. The kitchen, which also overlooks the garden, is equipped with a pantry and utility areas including a boot room and cloakroom, enhancing its practicality for family life. Upstairs, you’ll find three generously sized bedrooms served by a family bathroom. A defining feature of this property is the large rear garden, predominantly laid to lawn with established trees and mature planting—ideal for children or as an outdoor entertaining space. The front of the property includes driveway parking suitable for multiple vehicles. Positioned conveniently for access to Woodley Precinct's diverse amenities—including shops, cafés, and excellent public transport—the location is highly desirable among families seeking proximity to quality schools such as South Lake Primary School and Waingels College. Nature enthusiasts will value the nearby parks and Dinton Pastures Country Park. With Reading town centre and major transport routes just a short drive away, this property stands out as a worthwhile investment opportunity in a thriving community.

Investment Analysis

(RG5 area)

Below Market Value

This property is priced -18.5% below area average per sq ft

-18.5%
Potential saving
This Property
£360/sq ft
Area Average
£441/sq ft
Avg Rent (weekly)
£423
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£539,676
10% above area average per sq ft
Potential ROI
+22.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (RG5)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +3.8%
5 year growth: +12.5%
Investment Disclaimer: Analysis based on RG5 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

South Lake Crescent, Woodley, RG5
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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
£1,511
Based on a loan of £300,000 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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