3 Bed Detached House, Single Let, Reading, RG2 8JB, £475,000

Tamarisk Avenue, Reading, Berkshire, RG2 8JB - 1 views - 3 months ago

Sold STC

BTL

~109 m²

+12 photos

ValuationOvervalued

Sold Prices	£290K - £685K
Sold Prices/m²	£2.9K/m² - £7.6K/m²

Square Metres	~109 m²
Price/m²	£4.4K/m²
Value Estimate	£458,032£458,032

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£118,750£118,750
Stamp Duty & Legal Fees	£38,700£38,700
Total Cash In	£157,450£157,450

Cash Out
Rent Range	£1,500 - £2,450£1,500 - £2,450
Rent Estimate	£1,563
Running Costs/mo	£1,817£1,817
Cashflow/mo	£-254£-254
Cashflow/yr	£-3,048£-3,048
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £290K to £685K, average is £362.3K. £2.9K/m² to £7.6K/m², average is £4.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£415K	03/21	0.04 mi	18, Whitley Wood Road, Reading RG2 8JA	-	-	3	Semi-Detached House
£320K	02/21	0.11 mi	17, Rushden Drive, Reading RG2 8LJ	-	-	3	Terraced House
£310K	12/20	0.13 mi	127, Linden Road, Reading RG2 7EJ	£3,263	95	3	Semi-Detached House
£407K	06/23	0.13 mi	53, Linden Road, Reading RG2 7EJ	£5,286	77	3	Terraced House
£340K	01/23	0.15 mi	128, Linden Road, Reading RG2 7EH	-	-	3	Terraced House
£305K	02/23	0.17 mi	4, Linden Road, Reading RG2 7EQ	-	-	3	Semi-Detached House
£350K	12/20	0.18 mi	7, Westlands Avenue, Reading, Wokingham RG2 8EB	£4,545	77	3	Semi-Detached House
£365K	01/23	0.18 mi	42, Westlands Avenue, Reading, Wokingham RG2 8EN	-	-	3	Semi-Detached House
£310K	05/23	0.19 mi	29, Linden Road, Reading RG2 7EG	-	-	3	Semi-Detached House
£290K	11/20	0.19 mi	35, Westlands Avenue, Reading, Wokingham RG2 8EN	£4,603	63	3	Semi-Detached House
£380K	08/21	0.2 mi	79, Winton Road, Reading RG2 8HL	£3,800	100	3	Semi-Detached House
£355K	07/23	0.2 mi	56, Westlands Avenue, Reading, Wokingham RG2 8EW	-	-	3	Terraced House
£425K	01/23	0.21 mi	228, Shinfield Road, Reading RG2 7DU	-	-	3	Semi-Detached House
£361K	11/20	0.24 mi	9, St Barnabas Road, Reading, Wokingham RG2 8EE	£4,198	86	3	Semi-Detached House
£377.5K	02/21	0.24 mi	10, St Barnabas Road, Reading RG2 8ED	-	-	3	Semi-Detached House
£330K	03/21	0.24 mi	4a, St Barnabas Road, Reading, Wokingham RG2 8ED	-	-	3	Semi-Detached House
£321K	06/21	0.24 mi	9, Devitt Close, Reading, Wokingham RG2 8EF	£3,867	83	3	Semi-Detached House
£359K	11/21	0.24 mi	5, Devitt Close, Reading, Wokingham RG2 8EF	£4,662	77	3	Semi-Detached House
£355K	05/21	0.25 mi	1, Wavell Close, Reading, Wokingham RG2 8EJ	£4,125	86	3	Semi-Detached House
£500K	12/22	0.26 mi	32, Elm Road, Reading, Wokingham RG6 5TS	-	-	3	Semi-Detached House
£340K	07/23	0.26 mi	43, Brybur Close, Reading RG2 8HN	£4,304	79	3	Semi-Detached House
£362K	06/23	0.26 mi	26, Brybur Close, Reading RG2 8HN	-	-	3	Semi-Detached House
£305K	01/21	0.28 mi	83, Whitley Wood Road, Reading RG2 8HY	£3,315	92	3	Semi-Detached House
£332.3K	03/21	0.28 mi	231, Hartland Road, Reading RG2 8DN	-	-	3	Semi-Detached House
£390K	03/21	0.28 mi	3, Falcon Avenue, Reading, Wokingham RG2 8EL	-	-	3	Semi-Detached House
£295K	01/23	0.28 mi	93, Whitley Wood Road, Reading RG2 8HY	-	-	3	Semi-Detached House
£685K	04/21	0.33 mi	Timbrils, Oakside Way, Shinfield, Reading, Wokingham RG2 9BJ	£4,567	150	3	Detached House
£365K	02/23	0.34 mi	11, Sycamore Road, Reading RG2 7LX	-	-	3	Semi-Detached House
£395K	08/21	0.35 mi	5, Winton Road, Reading RG2 8HH	£4,202	94	3	Semi-Detached House
£360K	03/23	0.35 mi	15, Foxhays Road, Reading RG2 8ND	-	-	3	Semi-Detached House
£510K	07/23	0.36 mi	36, Devonshire Park, Reading RG2 7DX	£6,423	79	3	Detached House
£392K	12/22	0.36 mi	2, Holberton Road, Reading RG2 8NL	-	-	3	Semi-Detached House
£504.5K	01/23	0.41 mi	21, Hilmanton, Lower Earley, Reading, Wokingham RG6 4HN	£6,006	84	3	Terraced House
£435K	05/21	0.42 mi	78, Hilmanton, Lower Earley, Reading, Wokingham RG6 4HN	-	-	3	Detached House
£370K	03/21	0.42 mi	152, Hartland Road, Reading RG2 8DP	-	-	3	Semi-Detached House
£296K	10/20	0.42 mi	151b, Whitley Wood Road, Reading RG2 8JH	£4,418	67	3	Semi-Detached House
£330K	09/21	0.44 mi	87, Foxhays Road, Reading RG2 8NA	£3,929	84	3	Semi-Detached House
£430K	09/21	0.44 mi	19, Nutmeg Close, Earley, Reading, Wokingham RG6 5GX	£5,574	77	3	Detached House
£325K	06/21	0.45 mi	5, Exwick Square, Reading RG2 8NB	£3,283	99	3	Semi-Detached House
£385K	05/23	0.45 mi	8, Exwick Square, Reading RG2 8NB	£4,032	95	3	Terraced House
£485K	03/21	0.46 mi	6, Cressingham Road, Reading RG2 7JE	-	-	3	Detached House
£505K	06/21	0.46 mi	42, Cressingham Road, Reading RG2 7JR	£7,626	66	3	Detached House
£348K	08/21	0.47 mi	83, Birdhill Avenue, Reading RG2 7JU	£2,949	118	3	Semi-Detached House
£370K	01/21	0.48 mi	26, Beighton Close, Lower Earley, Reading, Wokingham RG6 4HZ	£3,893	95	3	Semi-Detached House
£497.5K	04/21	0.48 mi	18, Harcourt Drive, Earley, Reading, Wokingham RG6 5TJ	-	-	3	Detached House
£390K	12/22	0.48 mi	76, Birdhill Avenue, Reading RG2 7JU	-	-	3	Semi-Detached House
£357K	04/21	0.5 mi	33, Blagdon Road, Reading RG2 7NT	£3,923	91	3	Semi-Detached House
£318K	05/23	0.51 mi	138, Windermere Road, Reading RG2 7HS	-	-	3	Terraced House
£362.5K	01/21	0.53 mi	30, Beauchief Close, Lower Earley, Reading, Wokingham RG6 4HY	£5,529	66	3	Semi-Detached House
£412K	04/21	0.53 mi	28, Falstaff Avenue, Earley, Reading, Wokingham RG6 5TQ	-	-	3	Semi-Detached House

Local Rents

24 rents from £1.5K/mo to £2.5K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,800	07/24	0.09 mi	Shinfield Road, Reading	3	Detached House
£1,850	07/24	0.15 mi	Hollydale Close, Reading, RG2	3	Semi-Detached House
£1,800	07/24	0.26 mi	Woolacombe Drive, Reading	3	Flat
£2,000	07/24	0.26 mi	Woolacombe Drive, Earley	3	House
£1,750	10/24	0.26 mi	-	3	Terraced House
£2,450	09/24	0.3 mi	-	3	Detached House
£1,750	07/24	0.35 mi	Cinnamon Close, Earley, Reading, RG6	3	Detached House
£1,750	07/24	0.35 mi	-	3	Detached House
£1,700	07/24	0.39 mi	Maple Gardens, Reading, Berkshire, RG2	3	Terraced House
£1,800	07/24	0.41 mi	Hilmanton, Lower Earley, Reading, RG6	3	Flat
£1,900	08/24	0.42 mi	Hilmanton, Lower Earley	3	Detached House
£1,700	07/24	0.45 mi	Exwick Square, Reading, Berkshire, RG2	3	Semi-Detached House
£1,650	07/24	0.46 mi	Cressingham Road, Reading, Berkshire, RG2	3	Semi-Detached House
£1,750	07/24	0.47 mi	Wood Green, Reading	3	Detached House
£1,600	02/25	0.47 mi	-	3	Semi-Detached House
£1,795	07/24	0.47 mi	Harcourt Drive, Earley, Reading, Berkshire, RG6	3	Detached House
£1,800	04/25	0.52 mi	-	3	Semi-Detached House
£1,500	07/24	0.55 mi	Foxhays Road, Reading	3	Detached House
£1,600	07/24	0.56 mi	Aphelion Way, Shinfield, Berkshire, RG2	3	Terraced House
£1,600	07/24	0.57 mi	Durham Close, Reading, Berkshire, RG2	3	Terraced House
£1,600	07/24	0.59 mi	Beaconsfield Way, Earley	3	Detached House
£1,775	12/24	0.6 mi	-	3	Detached House
£1,700	02/24	0.61 mi	-	3	Terraced House
£1,850	07/24	0.62 mi	Cirrus Drive, Shinfield, Reading, RG2 9FL	3	Detached House

Local Area Statistics

Population in RG2	36,86636,866
Population in Reading	321,187321,187
Town centre distance	2.05 miles away2.05 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.64 miles away1.64 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+4%+4%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	-3%-3%

Property History

Price changed to £475,000

March 4, 2025

Listed for £500,000

February 5, 2025

Floor Plans

Description

Three Bedrooms +
No Onward Chain +
Good-Sized Garden +
Driveway Parking & Garage +
Well-Presented Throughout +
First Floor +

Offered to the market with no onward chain is this well-presented three bedroom detached family home. Located within close proximity of the Reading town centre, University of Reading, and mainline railway station, this house is ideal for a family home.

The property offers light and spacious accommodation comprising: entrance hallway, living room, kitchen, WC and a utility room. Upstairs there are three bedrooms and a family bathroom.

To the rear is a good-sized garden with access to the detached garage whilst to the front there is driveway parking. Viewing is recommended.

Council Tax Band E (Reading Borough Council)

Agent Details

Parkers, Reading

0118 230 6420

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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ValuationOvervalued

CashflowsOpen in Analyser

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Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents