3 Bed Detached House, Planning Permission, Reading, RG6 7YB, £500,000

Skelmerdale Way, Earley, Reading, RG6 7YB - 1 views - 2 months ago

Planning
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£297.5K - £530K
Sold Prices/m²£3.6K/m² - £8.3K/m²

 

 

Square Metres

~93 m²
Price/m²£5.4K/m²

Value Estimate

£444,174

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£30,700

Total Cash In

£155,700

 

 

Cash Out

 

Rent Range

£1,200 - £4,117

Rent Estimate

£1,488

Running Costs/mo

£1,880

Cashflow/mo

£-392

Cashflow/yr

£-4,705

Gross Yield

4%

Local Sold Prices

50 sold prices from £297.5K to £530K, average is £420K. £3.6K/m² to £8.3K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£445K01/210 mi11, Skelmerdale Way, Earley, Reading, Wokingham RG6 7YB3
£470K05/230.08 mi628, Wokingham Road, Earley, Reading, Wokingham RG6 7HN3
£420K03/210.12 mi65, Mill Lane, Earley, Reading, Wokingham RG6 7JF3
£350K02/210.21 mi5, Tiggall Close, Earley, Reading, Wokingham RG6 7ES3
£375K05/210.22 mi37, Meadow Road, Earley, Reading, Wokingham RG6 7EX3
£431K03/210.22 mi67, Meadow Road, Earley, Reading, Wokingham RG6 7EX3
£485K03/210.22 mi36, Meadow Road, Earley, Reading, Wokingham RG6 7EX3
£427K06/210.23 mi5, Clivedale Road, Woodley, Reading, Wokingham RG5 3RR3
£515K01/230.23 mi61, Meadow Road, Earley, Reading, Wokingham RG6 7EX3
£375K05/230.25 mi26, Clivedale Road, Woodley, Reading, Wokingham RG5 3RD3
£491K03/210.26 mi19, Loddon Bridge Road, Woodley, Reading, Wokingham RG5 4AU3
£440.1K06/210.27 mi83, Meadow Road, Earley, Reading, Wokingham RG6 7EY3
£411K10/210.27 mi3, Ramsey Close, Lower Earley, Reading, Wokingham RG6 3AE3
£515K06/230.27 mi4, Ramsey Close, Lower Earley, Reading, Wokingham RG6 3AE3
£465K03/230.28 mi5, Stilton Close, Lower Earley, Reading, Wokingham RG6 3AD3
£375K06/210.29 mi3, Thorney Close, Lower Earley, Reading, Wokingham RG6 3AF3
£425K12/200.3 mi9, Coppice Road, Woodley, Reading, Wokingham RG5 3QX3
£297.5K02/210.3 mi4, Kipling Close, Woodley, Reading, Wokingham RG5 3RL3
£475K10/220.3 mi8, Oban Gardens, Woodley, Reading, Wokingham RG5 3RG3
£405K11/200.31 mi40, Huntingdon Close, Lower Earley, Reading, Wokingham RG6 3AB3
£495K01/230.32 mi12, Roman Way, Earley, Reading, Wokingham RG6 7JP3
£385K06/210.34 mi3, Sawtry Close, Lower Earley, Reading RG6 3AA3
£455K11/220.35 mi16, Tinwell Close, Lower Earley, Reading, Wokingham RG6 3BJ3
£460K05/230.37 mi10, Keats Close, Woodley, Reading, Wokingham RG5 3QF3
£385K01/210.37 mi11, Keats Close, Woodley, Reading, Wokingham RG5 3QF3
£452.5K01/230.37 mi11, Keats Close, Woodley, Reading, Wokingham RG5 3QF3
£325K06/210.37 mi6, Oak Way, Woodley, Reading, Wokingham RG5 3QS3
£428K07/210.38 mi8, Sutcliffe Avenue, Earley, Reading, Wokingham RG6 7JW3
£380K07/210.4 mi27, Wispington Close, Lower Earley, Reading, Wokingham RG6 3BN3
£445K05/230.4 mi9, School Drive, Woodley, Reading, Wokingham RG5 3PZ3
£360K11/200.4 mi7, School Drive, Woodley, Reading, Wokingham RG5 3PZ3
£371.1K06/210.4 mi40, School Drive, Woodley, Reading, Wokingham RG5 3PZ3
£425K01/230.4 mi2, School Drive, Woodley, Reading, Wokingham RG5 3PZ3
£335K03/210.4 mi54, School Drive, Woodley, Reading, Wokingham RG5 3PZ3
£380K04/210.4 mi158, Nightingale Road, Woodley, Reading, Wokingham RG5 3LZ3
£335K05/210.4 mi166, Nightingale Road, Woodley, Reading, Wokingham RG5 3LZ3
£420K09/210.4 mi119, Nightingale Road, Woodley, Reading, Wokingham RG5 3LZ3
£475K11/200.4 mi33, Hillside Road, Earley, Reading, Wokingham RG6 7LP3
£495K12/220.41 mi58, School Drive, Woodley, Reading, Wokingham RG5 3PZ3
£530K03/210.41 mi14, Colemans Moor Road, Woodley, Reading, Wokingham RG5 4DL3
£300K02/230.42 mi87, Drovers Way, Woodley, Reading, Wokingham RG5 3PU3
£460K12/220.43 mi3, Colemans Moor Road, Woodley, Reading, Wokingham RG5 4DJ3
£410K07/210.44 mi9, Robindale Avenue, Earley, Reading, Wokingham RG6 7JR3
£380K06/210.45 mi81, The Delph, Lower Earley, Reading, Wokingham RG6 3AW3
£380K02/210.45 mi74, The Delph, Lower Earley, Reading, Wokingham RG6 3AW3
£380K09/210.46 mi14, Lambourne Gardens, Earley, Reading, Wokingham RG6 7EG3
£355K06/230.46 mi19, Linden Road, Woodley, Reading, Wokingham RG5 3QT3
£350K02/210.46 mi4, Hearn Road, Woodley, Reading, Wokingham RG5 3QG3
£460K08/230.47 mi361, Wokingham Road, Earley, Reading, Wokingham RG6 7EB3
£345K11/200.49 mi17, Coniston Close, Woodley, Reading, Wokingham RG5 4AY3

Local Rents

50 rents from £1.2K/mo to £4.1K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,97512/230.02 mi-3
£1,65008/240.12 miWokingham Road, Reading3
£2,00011/240.13 mi-3
£1,60007/240.15 miLittle Horse Close, Earley3
£1,55010/230.16 miMill Lane, Earley, RG6 7JE3
£1,65002/250.17 mi-3
£1,85003/250.19 mi-3
£1,20002/240.22 mi-3
£1,60012/230.22 mi-3
£1,70007/240.23 miClivedale Road, Woodley, Reading3
£1,30003/250.26 mi-3
£2,00008/240.27 miCoppice Road3
£2,00007/240.28 miCoppice Road, Woodley3
£4,11703/250.28 mi-3
£1,97511/240.3 mi-3
£1,97508/240.3 miLoddon Bridge Road, Woodley, Reading, RG53
£1,80007/240.33 miMarkby Way, Lower Earley3
£2,10002/250.34 mi-3
£2,95007/240.35 miMunro Avenue, Reading, Berkshire3
£2,70002/240.35 mi-3
£1,85007/240.36 miTrusthorpe Close, Lower Earley, Reading, RG63
£1,65009/240.37 mi-3
£1,65009/240.37 miHenleywood Road, Earley, RG63
£1,95007/240.37 mi-3
£1,90002/240.39 mi-3
£1,80012/240.39 mi-3
£1,60007/240.4 miWispington Close, Lower Earley, RG6 3BN3
£1,75008/240.4 miSchool Drive3
£1,75007/240.41 miSchool Drive, Woodley, Reading, Berkshire, RG53
£1,75008/240.43 miRobindale Avenue, Earley, Reading, Berkshire, RG63
£1,75007/240.45 miThe Delph, Lower Earley, RG63
£1,70008/240.45 miThe Delph, Lower Earley3
£1,85011/240.45 mi-3
£1,99011/240.45 mi-3
£1,85003/250.46 mi-3
£1,80002/250.47 mi-3
£1,90002/240.5 mi-3
£1,95011/240.5 mi-3
£1,69507/240.5 miSettrington Close, Lower Earley, RG63
£1,80002/250.5 mi-3
£1,79508/240.51 miFinch Road, Earley3
£2,10004/250.51 mi-3
£2,05004/250.51 mi-3
£1,90003/250.55 mi-3
£1,85002/240.55 mi-3
£1,64507/240.56 miBridport Close, Lower Earley, Reading, RG63
£2,00011/240.56 mi-3
£1,55007/240.56 miChilcombe Way, Lower Earley3
£1,30002/250.58 mi-3
£1,95010/240.58 mi-3

Local Area Statistics

Population in RG6

35,930

Population in Reading

321,187

Town centre distance

3.16 miles away

Nearest school

0.40 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Price changed to £500,000

March 12, 2025

Listed for £525,000

February 12, 2025

Floor Plans

Description

  • Detached with side access +
  • Highly rated schools +
  • Planning permission granted +
  • Garage and driveway +
  • Great access to M4 & A329 +

SUMMARY
The property offers ample living space comprising, large living room, separate dining area, conservatory, kitchen, and dedicated utility space with a downstairs cloakroom. Upstairs is just as well balanced as the downstairs with three well-proportioned bedrooms and a three-piece family bathroom.

DESCRIPTION
Situated in a popular cul-de-sac position on the fringes of the Lower Earley Development is this spacious detached family home.
The property is located within 12 a mile of Maiden Place Shopping Centre, the Asda Complex, Loddon Valley Leisure Centre and other local amenities. Access to the A329M, M4, A33 to Basingstoke and Green Park are all located within easy access.

Viewing of this lovely family home is highly recommended.

Entrance Hall 

Cloakroom 

Lounge 15' 1" x 11' 11" ( 4.60m x 3.63m )

Dining Room 8' 11" x 8' ( 2.72m x 2.44m )

Conservatory 9' 7" x 7' 7" ( 2.92m x 2.31m )

Kitchen 11' 11" x 7' 2" ( 3.63m x 2.18m )

Utility Room 7' 7" x 7' 6" ( 2.31m x 2.29m )

Bedroom One 14' 1" x 9' ( 4.29m x 2.74m )

Bedroom Two 9' 11" x 9' 3" ( 3.02m x 2.82m )

Bedroom Three 9' 2" x 6' 4" ( 2.79m x 1.93m )

Family Bathroom 

Enclosed Garden 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Roger Platt, Lower Earley

0118 230 0198

Next Steps?

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