Falcon Avenue, Shinfield, Wokingham, RG2
South East
£375,000
Listed on 27/08/2026
Listed on 27/08/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
998 sqftFeatures
- Garden
- Parking
Description
This three-bedroom freehold terraced house in Reading has approximately 998 sq. ft of accommodation, a private driveway and a long rear garden. The ground floor includes a living and dining room, a separate kitchen and a downstairs WC. Upstairs are three bedrooms and a family bathroom.
The rear garden contains an outbuilding divided into two spaces, which could be used for storage, hobbies or other purposes subject to the buyer's requirements and any necessary permissions. The property is being sold in its current condition and the listing notes that it would benefit from updating and modernisation, giving a purchaser scope to refurbish the existing accommodation. Buyers should also account for the stated administration fee and buyer's premium, with terms and conditions applying.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
53out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £375,000, this three-bedroom terrace is priced below the local average at £376/sqf versus £420/sqf, giving buyers an opportunity to acquire at a relative discount. The separate living/dining room, driveway and long garden give the property useful foundations, while the dated interior, damaged kitchen cabinetry and overgrown garden offer clear scope for a medium-scale improvement project.
The overall opportunity is still weak: the price advantage is tempered by the amount of work and moderate economics against current local values. The two-part outbuilding could add practical value, but its weathered condition needs checking.
Key opportunities
- Refresh the dated living space and bedrooms, including worn flooring and decoration, to give the home a more cohesive feel.
- The kitchen has scope for repair or replacement, while the older bathroom offers another opportunity to modernise the finish.
- Clear and improve the long rear garden, then assess how the two-part outbuilding could best serve storage, hobbies or workspace.
Key risks
- The outbuilding structures are weathered, including the timber shed roof; inspect their condition before relying on them for ongoing use.
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Transport
Nearest stations
Earley Rail Station
1.5 miles
Train · Earley
Winnersh Triangle Rail Station
2.4 miles
Train · Winnersh Triangle
Reading Green Park
2.5 miles
Train · GreenPark
Reading Rail Station
2.6 miles
Train · Reading
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,532
Based on a loan of £281,250 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-6.7% since listed
£350,000£25,000(-6.7%)
30/09/2026£375,000Initial listing
27/08/2026Services
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