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Reading Road, Padworth Common, Reading, Berkshire RG7 - Image 1
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Reading Road, Padworth Common, Reading, Berkshire RG7

South East

£750,000
Listed on 16/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Occupying an expansive 3.4-acre plot, this detached period cottage offers a unique opportunity for buyers looking to invest in a property with substantial renovation and development potential. Nestled in a tranquil semi-rural area, the location combines privacy with easy access to nearby transport links connecting to Reading and Newbury. The surrounding villages of Mortimer, Burghfield, Theale, and Aldermaston offer various amenities, schools, and train stations, appealing to those desiring a blend of countryside charm and modern convenience. The cottage itself features three bedrooms and a family bathroom on the upper floor, while the ground floor includes three reception rooms alongside a kitchen, pantry, and WC. Additional outbuildings enhance the extensive grounds. With its generous plot size, Fernlea provides an excellent canvas for creating either a beautifully restored family home or even exploring options for comprehensive redevelopment (subject to planning permissions). Given its current condition and configuration, this property is particularly well-suited for cash buyers ready to bring their vision to life in this highly desirable area.

Investment Analysis

(RG7 area)
Area Average
£431/sq ft
Avg Rent (weekly)
£380
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (RG7)

Area prices are falling by -2.5% over the last 12 months
3 year growth: 0.0%
5 year growth: +6.4%
Investment Disclaimer: Analysis based on RG7 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

Reading Road, Padworth Common, Reading, Berkshire RG7
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,705
Based on a loan of £562,500 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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