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36A Elm Road, Reading RG6 - Image 1
36A Elm Road, Reading RG6 - Image 2
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36A Elm Road, Reading RG6

South East

£925,000
Listed on 16/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1066 sqft

Description

This charming thatched cottage, steeped in nearly 400 years of history, presents a unique opportunity for renovation enthusiasts. Located in a serene enclave of central RG6, the property maintains its original character while offering a canvas for modern updates. The home is approached through secure wrought iron gates leading to a spacious driveway and an impressive detached double garage, which holds potential for conversion or expansion (subject to planning). Inside, the cottage exudes traditional charm with features like exposed beams and leaded windows. While comfortable as-is, there are areas ripe for enhancement—potentially transforming the living spaces to better suit contemporary lifestyles. The four bedrooms include versatile options on both levels; ground floor rooms lend themselves well to guest accommodation or home office setups. The kitchen/breakfast room stands out with its triple-aspect views and solid oak cabinetry, yet offers room for modernization that could further enhance functionality and aesthetic appeal. The bathroom has been tastefully updated but can still be improved upon to create a more luxurious retreat. Outside, the expansive garden surrounded by greenery provides an idyllic setting for entertaining or tranquil mornings. Given its proximity to Reading town centre and local amenities, this property not only promises privacy but also significant potential for growth in value through thoughtful renovations.

Investment Analysis

(RG2 area)

Above Market Value

This property is priced +102.8% above area average per sq ft

+102.8%
This Property
£868/sq ft
Area Average
£428/sq ft
Avg Rent (weekly)
£376
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£501,814
10% above area average per sq ft
Potential ROI
-51.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (RG2)

Area prices are falling by -9.4% over the last 12 months
3 year growth: -6.7%
5 year growth: +4.7%
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

36A Elm Road, Reading RG6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,336
Based on a loan of £693,750 over 30 years at 4.06% 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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