3 Bed Semi-Detached House, Planning Permission, Reading, RG6 1AS, £270,000

Rosedale Crescent, Earley, Reading, RG6 1AS - 5 views - 3 months ago

Sold STC
Auction
Planning
ROI: 2%
~93 m²
+5 photos

ValuationFair Value

Sold Prices£240K - £638K
Sold Prices/m²£2.7K/m² - £10.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£270,000

 

 

End Value (After Refurb)

£403,179

Uplift in Value

+49%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Refurb Costs

£43,693

Bridging Loan Interest

£7,088

Total Cash In

£130,331

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£403,179

Agent Fees (1%)

£4,032

Bridging Loan

£202,500

Bridging Loan Interest

£7,088

Flip Profit

£66,317

Local Sold Prices

50 sold prices from £240K to £638K, average is £387K. £2.7K/m² to £10.1K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£358K05/230.05 mi57, Rosedale Crescent, Earley, Reading, Wokingham RG6 1AS3
£330K03/210.05 mi22, Rosedale Crescent, Earley, Reading, Wokingham RG6 1AS3
£394K04/210.09 mi2, Shepherds House Lane, Earley, Reading, Wokingham RG6 1AD3
£425K12/220.1 mi274, London Road, Earley, Reading, Wokingham RG6 1AJ3
£460K12/220.12 mi67, Chiltern Crescent, Earley, Reading, Wokingham RG6 1AL3
£450K04/210.14 mi42, Chiltern Crescent, Earley, Reading, Wokingham RG6 1AN3
£400K03/230.18 mi322, London Road, Earley, Reading, Wokingham RG6 1AR3
£457K03/210.19 mi4, Bridges Grove, Earley, Reading, Wokingham RG6 1FG3
£465K06/230.21 mi3, Sidmouth Grange Close, Earley, Reading, Wokingham RG6 1ER3
£630K06/210.21 mi34, The Drive, Earley, Reading, Wokingham RG6 1EG3
£495K06/210.26 mi89, Hilltop Road, Earley, Reading, Wokingham RG6 1DB3
£242.5K09/210.27 mi6, Shepherds Avenue, Earley, Reading, Wokingham RG6 1AY3
£520K04/230.28 mi23, Erleigh Court Gardens, Earley, Reading, Wokingham RG6 1EJ3
£461K03/210.3 mi8, Whitegates Lane, Earley, Reading, Wokingham RG6 1EE3
£475.6K06/230.32 mi21, Byron Road, Earley, Reading, Wokingham RG6 1EP3
£638K07/210.32 mi30, Pitts Lane, Earley, Reading, Wokingham RG6 1BT3
£455K11/200.39 mi23, Milton Road, Earley, Reading, Wokingham RG6 1EN3
£435K03/230.41 mi14, Blackthorn Close, Earley, Reading, Wokingham RG6 1DH3
£542K05/230.46 mi12, Oldfield Close, Earley, Reading, Wokingham RG6 1HP3
£425K06/210.48 mi3, Gardner Place, Earley, Reading, Wokingham RG6 1LQ3
£430.5K01/210.54 mi56, Eastcourt Avenue, Earley, Reading, Wokingham RG6 1HH3
£360K03/210.54 mi81, Eastcourt Avenue, Earley, Reading, Wokingham RG6 1HH3
£580K03/210.54 mi67, Eastcourt Avenue, Earley, Reading, Wokingham RG6 1HH3
£305K03/210.56 mi82, Grange Avenue, Reading RG6 1DL3
£452K05/210.58 mi5, Anderson Avenue, Earley, Reading, Wokingham RG6 1HD3
£345K10/210.59 mi2, Manchester Road, Reading RG1 3QW3
£430K05/230.59 mi159, Church Road, Earley, Reading, Wokingham RG6 1HQ3
£302.5K12/200.59 mi6, Manchester Road, Reading RG1 3QW3
£425K03/230.6 mi22, Grays Crescent, Woodley, Reading, Wokingham RG5 3EN3
£400K11/220.6 mi9, Grays Crescent, Woodley, Reading, Wokingham RG5 3EN3
£365K08/230.61 mi8, Grange Avenue, Reading RG6 1DJ3
£261K03/210.61 mi8, Grange Avenue, Reading RG6 1DJ3
£310K08/230.61 mi98, Pitcroft Avenue, Reading RG6 1NN3
£284K09/210.61 mi90, Pitcroft Avenue, Reading RG6 1NN3
£356K06/210.62 mi36, St Bartholomews Road, Reading RG1 3QA3
£400K06/210.62 mi29, St Bartholomews Road, Reading RG1 3QA3
£416K12/220.62 mi86, Brighton Road, Reading RG6 1PS3
£310K06/210.63 mi16, Hanwood Close, Woodley, Reading, Wokingham RG5 3AB3
£360K10/220.63 mi32, Hanwood Close, Woodley, Reading, Wokingham RG5 3AB3
£310K03/210.63 mi26, Hanwood Close, Woodley, Reading, Wokingham RG5 3AB3
£310K06/210.63 mi16, Hanwood Close, Woodley, Reading, Wokingham RG5 3AB3
£360K09/220.64 mi7, Walton Close, Woodley, Reading, Wokingham RG5 3EP3
£304K06/210.65 mi24, Wykeham Road, Reading RG6 1PP3
£310K06/210.65 mi99, Wykeham Road, Reading RG6 1PP3
£282.5K01/210.65 mi192, Liverpool Road, Reading RG1 3PH3
£280K04/210.65 mi13, Brighton Road, Reading RG6 1PS3
£380K06/230.65 mi96, Brighton Road, Reading RG6 1PS3
£282.5K04/210.65 mi18, Brighton Road, Reading RG6 1PS3
£240K04/230.65 mi55, Brighton Road, Reading RG6 1PS3
£332K11/220.65 mi49, Brighton Road, Reading RG6 1PS3

Local Rents

11 rents from £1.5K/mo to £2K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,80002/240.02 mi-3
£1,70007/240.05 miRosedale Crescent, Earley, RG6 1AS3
£1,85007/240.18 miDelamere Road, Reading, RG6 1AP3
£1,85007/240.18 miDelamere Road, Earley3
£1,95009/240.24 mi-3
£1,87507/240.27 miDelamere Road, Reading, Berkshire3
£2,00008/240.27 mi-3
£2,00001/250.48 mi-3
£1,75003/250.61 mi-3
£1,68007/240.61 miPitcroft Avenue, Reading, Berkshire, RG6 1NN3
£1,49507/240.61 miManchester Road, Reading3

Local Area Statistics

Population in RG6

35,930

Population in Reading

321,187

Town centre distance

1.88 miles away

Nearest school

0.60 miles away

Nearest train station

1.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £270,000

January 28, 2025

Floor Plans

Description

  • FOR SALE BY ONLINE AUCTION +
  • 6 WEEKS’ COMPLETION +
  • Semi-detached house +
  • Three bedrooms +
  • Requires refurbishment +
  • Potential for improvement +
  • Suitable for extension, STPP +

AUCTION

On behalf of the Executors. A vacant three bedroom semi-detached house requiring refurbishment, benefitting from driveway parking, garage and a large garden. Offering great scope for improvement and extension, subject to planning permission, the property is located in a popular residential area with excellent access to the town centre.

Agent Details

Romans, Lower Earley

0118 230 5244

Next Steps?

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