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Exbourne Road, Reading RG2

South East

£80,000Guide Price

Listed on 23/07/2026

Property details

Bedrooms
1
Type
Apartment
Area
433 sqft

Description

This ground floor maisonette is part of a modest residential development in Whitley Wood, south of Reading. It comprises a living room, separate kitchen, double bedroom, and bathroom. The property is in need of extensive refurbishment and modernization, presenting a significant investment opportunity for buyers looking to enhance its value. Additionally, it benefits from an allocated parking space in the rear car park and is conveniently located near local amenities and transport connections, with easy access to the M4 (Junction 11). With a remaining lease of 77 years and reasonable service charges and ground rent, there’s great potential for both homeowners and investors alike. Offered at auction on Thursday 13th August.

Investment analysis

(RG2 area)

Below Market Value

This property is priced -56.0% below area average per sq ft

-56.0%
Potential saving
This Property
£185/sq ft
Area Average
£420/sq ft
Avg Rent (weekly)
£355
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£199,832
10% above area average per sq ft
Potential ROI
+73.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RG2)

Area prices are falling by -6.7% over the last 12 months
3 year growth: -5.1%
5 year growth: +5.1%
Investment Disclaimer: Analysis based on RG2 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

Exbourne Road, Reading RG2
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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
£302
Based on a loan of £60,000 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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