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Colemans Moor Road, Reading RG5

South East

£500,000
Listed on 30/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
700 sqft

Description

This charming three-bedroom detached house, located in the desirable area of Woodley, presents an excellent opportunity for those looking to invest in a property with renovation potential. The home overlooks a green space and features well-maintained interiors that can be comfortably lived in from day one, while simultaneously offering possibilities for contemporary upgrades and extensions (subject to planning permission). The layout includes a welcoming entrance hall leading into a cozy living room with scenic views, and a spacious dining/family room at the rear that is perfect for gatherings. The kitchen, located in an extension, has modern fittings but could benefit from being opened up into a larger open-plan kitchen/dining area. Upstairs, find three ample bedrooms along with a modern shower room that provides immediate functionality but allows for personalisation over time. Outdoors, the garden is both private and inviting, making it ideal for relaxation or entertaining guests. With no onward chain and access to local amenities, schools, transport links including the M4 motorway and nearby train stations, this property is poised for further enhancements while providing comfort in its current state.

Investment Analysis

(RG5 area)

Above Market Value

This property is priced +64.3% above area average per sq ft

+64.3%
This Property
£714/sq ft
Area Average
£435/sq ft
Avg Rent (weekly)
£458
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£334,835
10% above area average per sq ft
Potential ROI
-39.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (RG5)

Area prices are stable by +1.3% over the last 12 months
3 year growth: +2.8%
5 year growth: +11.2%
Investment Disclaimer: Analysis based on RG5 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

Colemans Moor Road, Reading RG5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,784
Based on a loan of £375,000 over 30 years at 3.97% 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

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