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Englefield Road, Theale, Reading, Berkshire, RG7 - Image 1
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Englefield Road, Theale, Reading, Berkshire, RG7 - Image 3

Englefield Road, Theale, Reading, Berkshire, RG7

South East

£575,000

Listed on 15/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
1320 sqft

Features

  • Garage
  • Garden
  • Parking

Description

Parkers, Pangbourne are marketing this freehold three-bedroom semi-detached house in Theale with no onward chain. The accommodation includes separate living and dining rooms, a fitted kitchen, a family bathroom and a self-contained annexe with its own living or bedroom area, kitchen and bathroom. The listing describes the main house as needing modernisation and cosmetic updating, while retaining features such as picture rails, high ceilings and period fireplaces. Gas central heating is stated, and the EPC rating is C, with a potential rating of 82.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

55out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This is a light-updating project with a good canvas to personalise: the period fireplace, high ceilings and picture rails give the living spaces character, while the established garden, patio and deck add useful outdoor appeal. The photographed interiors are generally usable, with dated fittings and some tired or unfinished-looking flooring offering scope for straightforward cosmetic improvements; the kitchen’s Belfast sink and timber worktops are distinctive features worth working around or updating to taste.

At £575,000, the asking price is close to the local £/sqf average, rather than a clear discount, and the score is held back by the economics: the purchase price plus the renovation midpoint is above the implied current local average value. Strong fundamentals and a manageable scale of work keep it interesting, but the numbers point to a selective, price-conscious opportunity rather than an obvious bargain.

Key opportunities

  • Refresh the dated décor and older or unfinished-looking floor finishes to give the photographed rooms a more cohesive feel.
  • Retain or rework the kitchen’s Belfast sink and timber worktops as part of a tailored update.
  • Make the most of the period fireplace, high ceilings and picture rails, alongside the established patio, deck and garden.

Key risks

None recorded.

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Map

Location

Englefield Road, Theale, Reading, Berkshire, RG7
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,172
Based on a loan of £431,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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