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Linnet Close, Tilehurst, Reading, Berkshire RG31 - Image 1
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Linnet Close, Tilehurst, Reading, Berkshire RG31 - Image 3

Linnet Close, Tilehurst, Reading, Berkshire RG31

South East

£650,000
Listed on 29/04/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This vacant site encompasses approximately 0.32 acres and comes with detailed planning permission for the construction of four two-bedroom houses. Each proposed unit is designed to accommodate up to four residents, featuring a generous living space of around 81.55m2 (879 sqft) and providing two off-street parking spaces. Access to the site is directly from City Road, enhancing its appeal for future development. With a total gross internal area of about 326.5m2 (3,511 sqft), there’s significant potential for maximizing returns on investment in this sought-after area of Tilehurst, Reading. Well situated near bus routes that facilitate swift commuting to London Paddington—just a 50-minute journey—and conveniently close to local schools, parks, and essential amenities, this property stands out as an ideal opportunity for developers looking to capitalize on the region's growing housing demand. Interested parties should verify the planning details under West Berkshire Council planning reference: 25/00140/ful.

Investment Analysis

(RG31 area)
Area Average
£422/sq ft
Avg Rent (weekly)
£327
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £450,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (RG31)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +0.9%
5 year growth: +14.0%
Investment Disclaimer: Analysis based on RG31 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

Linnet Close, Tilehurst, Reading, Berkshire RG31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,302
Based on a loan of £487,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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