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Whitley Wood Lane, Reading RG2

South East

£300,000

Listed on 03/07/2026

Property details

Bedrooms
2
Type
Semi Detached
Area
739 sqft

Description

This semi-detached property is located in a desirable area of South Reading and presents a valuable opportunity for renovation. While the home is in need of modernisation, it offers ample scope for improvement to enhance its appeal and functionality. The layout features an inviting entrance porch that leads to a spacious living room with a bay window, alongside a kitchen, cloakroom, and family bathroom. Upstairs, two generous double bedrooms provide comfortable accommodation. The extensive garden at the rear includes both patio areas and lawn space, perfect for outdoor activities or gardening enthusiasts. With convenient access to local amenities including public transport and retail parks, this property is ideal for investors or first-time buyers looking to create a personalized living space. Offered without any onward chain, this residence is a blank canvas ready for your vision.

Investment analysis

(RG2 area)

Below Market Value

This property is priced -3.2% below area average per sq ft

-3.2%
Potential saving
This Property
£406/sq ft
Area Average
£420/sq ft
Avg Rent (weekly)
£355
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£341,052
10% above area average per sq ft
Potential ROI
+1.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RG2)

Area prices are falling by -6.7% over the last 12 months
3 year growth: -5.1%
5 year growth: +5.1%
Investment Disclaimer: Analysis based on RG2 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

Whitley Wood Lane, Reading RG2
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 over 30 years at 4.45% 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

Price History

-7.7% since listed
£300,000£25,000(-7.7%)
02/07/2026
Current price
£325,000Initial listing
03/06/2026

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