4 Bed Detached House, Single Let, Reading, RG2 9RE, £580,000

1, Maybank, Reading, RG2 9RE - 2 months ago

Sold STC
BTL
~113 m²
+22 photos

ValuationOvervalued

Sold Prices£353K - £800K
Sold Prices/m²£3K/m² - £6.1K/m²

 

 

Square Metres

~113 m²
Price/m²£5.1K/m²

Value Estimate

£450,200

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£145,000

Stamp Duty & Legal Fees

£49,200

Total Cash In

£194,200

 

 

Cash Out

 

Rent Range

£1,600 - £3,250

Rent Estimate

£1,700

Running Costs/mo

£2,173

Cashflow/mo

£-472

Cashflow/yr

£-5,670

Gross Yield

4%

Local Sold Prices

32 sold prices from £353K to £800K, average is £506K. £3K/m² to £6.1K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£530K02/210.08 mi2, Teal Grove, Shinfield, Reading, Wokingham RG2 9AZ4
£545K06/210.1 mi16, Skylark Way, Shinfield, Reading, Wokingham RG2 9AJ4
£370K12/200.1 mi32, Skylark Way, Shinfield, Reading, Wokingham RG2 9AJ4
£355K04/210.1 mi30, Skylark Way, Shinfield, Reading, Wokingham RG2 9AJ4
£475K03/210.1 mi48, Skylark Way, Shinfield, Reading, Wokingham RG2 9AJ4
£389K06/210.14 mi117, Skylark Way, Shinfield, Reading, Wokingham RG2 9AD4
£382.5K04/210.15 mi11, Skylark Way, Shinfield, Reading, Wokingham RG2 9AD4
£545K05/210.26 mi2, Vickers Close, Shinfield, Reading, Wokingham RG2 9EF4
£395K02/210.28 mi83, Chestnut Crescent, Shinfield, Reading, Wokingham RG2 9HA4
£425K05/230.31 mi38, Wheatfields Road, Shinfield, Reading, Wokingham RG2 9DG4
£495K02/210.31 mi2, Wheatfields Road, Shinfield, Reading, Wokingham RG2 9DG4
£418K02/210.31 mi8, Wheatfields Road, Shinfield, Reading, Wokingham RG2 9DG4
£710K02/230.38 mi77, Oatlands Road, Shinfield, Reading, Wokingham RG2 9DN4
£700K03/210.38 mi42, Oatlands Road, Shinfield, Reading, Wokingham RG2 9DN4
£630K01/210.38 mi50, Oatlands Road, Shinfield, Reading, Wokingham RG2 9DN4
£470K03/210.38 mi77, Oatlands Road, Shinfield, Reading, Wokingham RG2 9DN4
£620K01/230.4 mi2, Kendall Avenue, Shinfield, Reading, Wokingham RG2 9AR4
£800K02/210.41 miKelsta Li, Brookers Hill, Shinfield, Reading, Wokingham RG2 9BX4
£771K02/210.43 mi12, Cutbush Lane, Shinfield, Reading, Wokingham RG2 9AH4
£415K08/210.51 mi8, Skylark Way, Shinfield, Reading, Wokingham RG2 9AJ4
£675K11/220.54 mi21, Monarch Drive, Shinfield, Reading, Wokingham RG2 9EW4
£425K05/210.63 mi365, Old Whitley Wood Lane, Reading, Wokingham RG2 8PY4
£565K03/210.67 mi2, Salmond Road, Reading, Wokingham RG2 8QN4
£770K10/220.74 mi22, Coningham Road, Reading, Wokingham RG2 8QP4
£353K06/210.75 mi27, Lexington Grove, Reading RG2 8UG4
£405K08/210.76 mi8, Greenwich Road, Shinfield, Reading, Wokingham RG2 9FJ4
£517K08/210.86 mi26, Aphelion Way, Shinfield, Reading, Wokingham RG2 9FR4
£442.5K03/210.88 mi32, Pascal Crescent, Shinfield, Reading, Wokingham RG2 9FP4
£490K11/200.88 mi26, Pascal Crescent, Shinfield, Reading, Wokingham RG2 9FP4
£580K02/230.92 miHollyville, Croft Road, Spencers Wood, Reading, Wokingham RG7 1DR4
£535K02/210.93 miIver, Croft Road, Spencers Wood, Reading, Wokingham RG7 1DR4
£600K10/211 mi6, Silchester Place, Three Mile Cross, Reading, Wokingham RG7 1GX4

Local Rents

41 rents from £1.6K/mo to £3.3K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,80007/240.01 miMaybank, Shinfield4
£2,50009/240.03 miMaybank, Shinfield, Berkshire, RG24
£2,20007/240.1 miMandarin Road, Shinfield, Reading, Berkshire, RG24
£2,35007/240.14 miBolton Drive, Shinfield4
£1,80008/240.15 miSkylark Way, Shinfield, Berkshire, RG24
£1,89510/230.16 miDeardon Way, Shinfield, Reading, Berkshire, RG23
£2,05007/240.18 miWestall Street, Shinfield, Reading, Berkshire, RG2 9RJ3
£2,75007/240.19 miAllen Way, Shinfield, Reading, Berkshire, RG24
£1,95007/240.19 miGloucester Avenue, Shinfield, RG23
£2,35007/240.23 miAlder Grove, Shinfield, Reading, Berkshire, RG24
£1,85007/240.25 miShinfield Meadows, Reading3
£2,65007/240.26 miHollow lane, Shinfield, RG24
£2,00008/240.27 miLailey Path, Shinfield, Reading, Berkshire, RG2 9RR3
£2,45007/240.28 miLeaf Living at Shinfield Meadows, Venice Road, RG23
£2,45008/240.28 miLeaf Living at Shinfield Meadows, Venice Road, RG23
£2,45009/240.28 miLeaf Living at Shinfield Meadows, Venice Road, RG23
£1,95001/250.29 mi-3
£2,84007/240.3 miLeaf Living at Shinfield Meadows, Sela Drive, RG24
£2,84008/240.3 miLeaf Living at Shinfield Meadows, Sela Drive, RG24
£2,20007/240.3 miBailey Mews, Shinfield, Reading, Berkshire, RG2 9RP3
£2,20008/240.32 miArborfield Road, Shinfield, Reading, Berkshire, RG23
£2,85007/240.35 miAppleton Way, Shinfield, Reading, Berkshire, RG25
£2,10004/250.35 mi-3
£3,25007/240.35 miAppleton Way, Shinfield5
£2,40007/240.42 mi-5
£1,60007/240.44 miCutbush Lane West, Shinfield, Reading, Berkshire, RG23
£3,20009/240.45 miMimosa Drive, Shinfield, Reading, Berkshire, RG25
£1,85012/240.51 mi-3
£1,85004/250.51 mi-3
£2,10007/240.51 miChrysanthemum Drive, Shinfield4
£1,70007/240.53 miPippin Grove, Shinfield3
£2,35007/240.53 miMonarch Drive, Shinfield5
£2,50008/240.54 mi-4
£2,50008/240.54 miFirethorn, Wokingham, RG24
£1,70007/240.54 mi-3
£2,30007/240.59 miBland Way, Shinfield, Reading, Berkshire, RG23
£3,20007/240.6 mi-5
£3,20008/240.6 mi-5
£3,10009/240.6 mi-5
£3,20007/240.6 miHawthorn, Shinfield, Reading, RG25
£3,20007/240.6 miHawthorn, Shinfield, Reading, RG25

Local Area Statistics

Population in RG2

36,866

Population in Reading

321,187

Town centre distance

3.35 miles away

Nearest school

0.20 miles away

Nearest train station

2.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

-3%

Property History

Listed for £580,000

February 22, 2025

Floor Plans

Description

  • Detached family home +
  • Located on the popular Shinfield Meadows development +
  • Immaculately presented throughout +
  • Four good sized bedrooms +
  • Garage and driveway parking +
  • Open plan kitchen/dining room +
  • Utility cupboard +
  • En suite to Bedroom 1 +
  • Excellent transport links to Wokingham, Reading, London +
  • Close to Langley Mead nature reserve +

Owners Comments…. Dan & Neil Estate Agents’ comments…

This house is truly special and makes for the perfect family home. Built by Bloor Homes to the Waverley design, the current owners have maintained the property to an exceptionally high standard throughout.

Outside, you'll find a fantastic, sunny garden, along with a spacious driveway and garage parking to the side. Stepping through the front door, you're welcomed by a lovely hallway with downstairs storage and a cloakroom. At the front of the home, there's a bright lounge featuring the all-important bay window, as well as plenty of built-in storage within the fantastic media wall, designed by the sellers. Spanning the rear of the property is a spacious kitchen/dining room with double doors leading out to the garden, plus a handy utility cupboard for added convenience.

On the first floor you have three super bedrooms and a four piece bathroom. What we really love is the door off the landing leading to your self enclosed main bedroom on the top floor. This space is really incredible with light flooding in from the velux windows, fitted wardrobes and a brand new en suite!

This home will be really popular and has a closed chain above so get in touch quickly to arrange a viewing! Area Comments…

Maybank is one of our favourite roads in Shinfield Meadows which you may recognise for their incredible Christmas lights! You have so much on your doorstep - Co-Op, soon to reopen Lidl, a few popular pubs, a post office and the very popular Crumbs cafè. Just a short walk away you will find the popular Langley Mead nature reserve, which is great for walks and you also have various play parks close by for children. There are main bus routes close by taking you into Reading or Wokingham towns and you are just a few minutes from Mereoak Park and Ride or junction 11 of the M4, making it a really well connected location.

Further comments.... There is an estate service charge.

Check out our ‘Key Facts’ brochure for tonnes of information from internet speeds and bus stops, to local schools and airports.

Agent Details

Avocado Property, Covering South East

01344 951830

Next Steps?

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