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Red House Close, Lower Earley, Reading

South East

£750,000

Listed on 19/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1636 sqft

Description

This four-bedroom detached family residence presents a promising opportunity for investors and homeowners alike, situated in the tranquil surroundings of a cul-de-sac within the sought-after Lower Earley area. The ground floor features an entrance hall leading into a front-facing living room and an expansive 19ft reception area, allowing for versatile usage whether for daily family activities or entertaining guests. The rear-oriented kitchen is paired with a separate utility room that provides convenient external access, enhancing functionality. Additionally, there is a study space well-suited for remote working and a downstairs WC for visitor convenience. On the upper level, you will find four generously sized bedrooms, including a principal suite complete with its own en-suite shower facility. The other bedrooms benefit from a shared family bathroom, making this layout particularly appealing for expanding families. Externally, the property boasts a private rear garden perfect for outdoor enjoyment during pleasant weather. The front of the home offers driveway parking alongside a garage that adds valuable storage space as well as off-road parking options. Located close to local schools and everyday amenities, this home also has proximity to Dinton Pastures Country Park and Laurel Park. With excellent transport links to Reading town centre, Earley station, the A329(M), and M4 nearby, this property holds significant potential for renovation to enhance both its value and livability.

Investment Analysis

(RG6 area)

Below Market Value

This property is priced -1.3% below area average per sq ft

-1.3%
Potential saving
This Property
£458/sq ft
Area Average
£464/sq ft
Avg Rent (weekly)
£467
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£835,824
10% above area average per sq ft
Potential ROI
+4.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RG6)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -4.5%
5 year growth: +7.4%
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

Red House Close, Lower Earley, Reading
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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
£2,833
Based on a loan of £562,500 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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