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Flaxman Close, Reading RG6 - Image 1
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Flaxman Close, Reading RG6

South East

£440,000
Listed on 11/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
829 sqft

Description

This semi-detached bungalow is situated in a serene cul-de-sac within the sought-after area of Earley, known for its access to local amenities and reputable schools, including Maiden Erleigh Secondary School. The layout currently features an entrance hall, a generous sitting room, a kitchen, and a garden room/conservatory that enhances living space. There are two well-proportioned bedrooms equipped with built-in wardrobes and a shower room. An attached garage provides power and light, complemented by a driveway spacious enough for four vehicles. The rear garden is designed for enjoyment, featuring a patio area leading to a lush lawn surrounded by various shrubs and bushes, all enclosed by panelled fencing with side access. Notably, planning permission has already been granted for a loft conversion that would add two additional bedrooms, each with en-suites—a significant opportunity for increasing property value (PDF plans available upon request). There's also potential to extend the property further at the rear, subject to planning approval. The home benefits from a recently installed gas-fired boiler and is connected to all mains services. Located conveniently near the A33 and Junction 11 of the M4, Earley also provides easy access to Reading Green Park Train Station, which opened in 2023, offering transport links to Basingstoke and Reading town centres. Residents enjoy proximity to several primary schools, leisure facilities like Select Car Leasing Stadium where Reading Football Club plays, as well as various shopping options nearby.

Investment Analysis

(RG6 area)

Above Market Value

This property is priced +16.3% above area average per sq ft

+16.3%
This Property
£531/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£568
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£416,146
10% above area average per sq ft
Potential ROI
-15.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (RG6)

Area prices are falling by +5.0% over the last 12 months
3 year growth: -1.0%
5 year growth: 6.7%
Investment Disclaimer: Analysis based on RG6 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

Flaxman Close, Reading RG6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,612
Based on a loan of £330,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE