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Westlands Avenue, Reading RG2 - Image 1
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Westlands Avenue, Reading RG2

South East

£350,000
Listed on 25/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
696 sqft

Description

This semi-detached home presents a valuable opportunity for those looking to invest in a property with significant renovation potential. Comprising three bedrooms, a lounge, kitchen, and a shower room, the layout offers a functional space that can be transformed with modern updates to suit personal tastes. The property benefits from a generous garden, providing ample outdoor space that could be enhanced or landscaped according to your vision. Additionally, there’s a garage that may serve as convenient storage or an opportunity for further development, depending on your plans. Located in Shinfield Rise, this home is conveniently positioned near local amenities, including shops like Tesco Express. Public transportation routes are easily accessible within walking distance, making it straightforward to reach Reading Town Centre. For those commuting by car, the M4 and A33 provide direct routes to Basingstoke and other nearby areas. The proximity to educational institutions such as Reading University and healthcare facilities like the Royal Berkshire Hospital adds to its appeal for families or individuals seeking long-term residence. The property falls within the catchment areas for reputable schools, including Whiteknights and shared Maiden Erlegh/Bulmershe School districts, which enhances its investment attractiveness. While the home does require modernization and updating throughout, this allows you the unique chance to infuse your personal style while potentially increasing its market value. Whether you're looking to create your ideal living space or seeking an investment opportunity with solid rental prospects, this property could be an excellent choice.

Investment Analysis

(RG2 area)

Above Market Value

This property is priced +18.7% above area average per sq ft

+18.7%
This Property
£503/sq ft
Area Average
£424/sq ft
Avg Rent (weekly)
£373
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£35,000 - £87,500
10-25% of property value
Target Value
£324,346
10% above area average per sq ft
Potential ROI
-25.9%
After renovation
Monthly Sales
33
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (RG2)

Area prices are falling by +3.8% over the last 12 months
3 year growth: 0.9%
5 year growth: 13.4%
Investment Disclaimer: Analysis based on RG2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Westlands Avenue, Reading RG2
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