Red House Close, Lower Earley, Reading
South East
£700,000
Listed on 16/10/2026
Listed on 16/10/2026
The listing
Property details
Bedrooms
4Type
DetachedArea
1636 sqftFeatures
- Garage
- Garden
- Parking
Description
Offered with no onward chain, this four-bedroom detached house is set in a cul-de-sac in Lower Earley. Its ground floor includes a front-facing living room, a separate 19ft reception room, a rear kitchen with adjoining utility room, a study and a downstairs WC. Upstairs are four bedrooms, including a principal bedroom with an en-suite shower room, alongside a family bathroom.
The rear garden is private, while the front driveway and garage provide off-road parking and storage. Local schools, shops and everyday amenities are nearby, with Dinton Pastures Country Park and Laurel Park also within reach. Reading town centre, Earley station, the A329(M) and M4 are accessible from the area. The existing accommodation offers scope for updating to suit a buyer's requirements.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
62out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £700,000, this four-bedroom detached home is priced below the local average at £428/sq ft versus £462/sq ft, making the asking price a clear acquisition opportunity. The spacious reception rooms, flexible study and utility space, driveway and detached garage give it a strong family-home canvas, while the usable garden adds to the appeal.
The visible work is mainly cosmetic: dated kitchen and bathroom finishes, tired bedroom carpets and a textured ceiling offer scope to update the look to your taste. The renovation range is £7,000–£18,000; the engine’s midpoint comparison leaves a 6% margin against the implied current local average value, so the price advantage is meaningful but the overall economics are moderate. The quiet Lower Earley cul-de-sac setting and no onward chain round out the proposition.
Key opportunities
- Update the dated kitchen and bathrooms to create a more contemporary finish.
- Refresh the tired bedroom carpets and personalise the reception-room finishes.
- Make the most of the spacious reception rooms, study, utility room and established garden for flexible family living.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,645
Based on a loan of £525,000 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.
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Indicative tax based on the asking price and the options you select.
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