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Erleigh Court Gardens, Reading, RG6

South East

£500,000

Listed on 21/05/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1262 sqft

Description

This three-bedroom semi-detached home, constructed in the 1930s, presents a unique opportunity for renovation and investment in the desirable area of Earley, Reading. The property features an entrance hall leading to a versatile front reception room that can serve as a bedroom or living space. The open-plan kitchen and dining area flow into a sizable living area, while a downstairs WC adds practical convenience. A garage and covered area adjacently provide additional functionality and room for future development – perfect for transforming into a sunroom or utility space. Upstairs, you'll find three bedrooms, including two with built-in wardrobes, alongside a family bathroom. Notably, there’s ample potential to extend over the garage or at the rear (subject to planning permission), making this property suitable for families seeking more space or investors looking to enhance their rental yields. This home also boasts generous driveway parking and is conveniently located within reach of local bus services, facilitating easy access to Reading's town centre and surrounding areas. Viewings are highly encouraged as this property holds great potential for those willing to invest in its future.

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Investment analysis

(RG6 area)

Below Market Value

This property is priced -14.2% below area average per sq ft

-14.2%
Potential saving
This Property
£396/sq ft
Area Average
£462/sq ft
Avg Rent (weekly)
£424
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£641,140
10% above area average per sq ft
Potential ROI
+18.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RG6)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -5.7%
5 year growth: +5.3%
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

Erleigh Court Gardens, Reading, RG6
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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
£1,889
Based on a loan of £375,000 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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