5 Bed Semi-Detached House, Single Let, Reading, RG4 8NL, £925,000

Balmore Drive, Caversham, RG4 8NL - 2 months ago

Under Offer
BTL
~178 m²
+39 photos

ValuationOvervalued

Sold Prices£400K - £1.3M
Sold Prices/m²£2.9K/m² - £6.1K/m²

 

 

Square Metres

~178.28 m²
Price/m²£5.2K/m²

Value Estimate

£767,941

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£231,250

Stamp Duty & Legal Fees

£62,700

Total Cash In

£293,950

 

 

Cash Out

 

Rent Range

£1,550 - £2,750

Rent Estimate

£1,650

Running Costs/mo

£3,241

Cashflow/mo

£-1,591

Cashflow/yr

£-19,087

Gross Yield

2%

Local Sold Prices

28 sold prices from £400K to £1.3M, average is £916.5K. £2.9K/m² to £6.1K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£1.1M09/210.18 mi32, Peppard Road, Emmer Green, Reading RG4 8NG5
£625K05/210.21 mi262, Hemdean Road, Caversham, Reading RG4 7QT5
£400K04/210.29 mi5, Knighton Close, Caversham, Reading RG4 7SZ5
£1.1M01/230.33 mi68, Peppard Road, Emmer Green, Reading RG4 8TL5
£800K08/210.36 mi133, Peppard Road, Emmer Green, Reading RG4 8TR5
£530K06/210.38 mi28, Rufus Isaacs Road, Caversham, Reading RG4 6DD5
£955K05/230.41 mi20, Kidmore Road, Caversham, Reading RG4 7LU5
£795K02/210.41 mi2b, Kidmore Road, Caversham, Reading RG4 7LU5
£985K02/230.42 mi51, Priest Hill, Caversham, Reading RG4 7RY5
£908K06/210.46 mi3, The Mount, Caversham, Reading RG4 7RU5
£996K04/210.47 mi7, Highmoor Road, Caversham, Reading RG4 7BN5
£621K06/210.49 mi8, St Annes Road, Caversham, Reading RG4 7PA5
£1.2M01/230.5 mi19, Albert Road, Caversham, Reading RG4 7AN5
£1.0M02/210.55 mi54, Albert Road, Caversham, Reading RG4 7PF5
£985K05/210.57 mi43, Church Road, Caversham, Reading RG4 7AG5
£650K10/210.59 mi1, Tymawr, Caversham, Reading RG4 7XR5
£552.5K11/200.59 mi27, Tymawr, Caversham, Reading RG4 7XR5
£1.2M04/230.59 mi8, Dellwood Park, Caversham, Reading RG4 7NX5
£676K06/210.64 mi7, Blaenavon, Caversham, Reading RG4 7XQ5
£675K12/200.65 mi12, Symeon Place, Caversham, Reading RG4 7AS5
£1.1M07/210.7 mi12, Richmond Road, Caversham, Reading RG4 7PP5
£675K11/200.79 mi269, Peppard Road, Emmer Green, Reading RG4 8UB5
£990K07/230.82 mi6, Merthyr Vale, Emmer Green, Reading RG4 8QQ5
£925K12/200.9 mi14, Highdown Avenue, Emmer Green, Reading RG4 8QS5
£597K06/230.9 mi10, Fraser Avenue, Caversham, Reading RG4 6RT5
£1.1M02/210.92 mi12, Wincroft Road, Caversham, Reading RG4 7HH5
£555K07/230.98 mi140, Galsworthy Drive, Caversham, Reading RG4 6QJ5
£1.3M04/211 miFairmaple, Chazey Road, Caversham, Reading RG4 7DS5

Local Rents

39 rents from £1.6K/mo to £2.8K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,50007/240.03 miBalmore Park, Caversham, Reading4
£2,35007/240.22 miNotley Place, Emmer Green3
£2,00007/240.22 mi2 Notley Place3
£1,87512/240.23 mi-3
£1,75012/240.24 miNotley Place, Emmer Green, Reading3
£2,50007/240.28 miGrove Hill, Emmer Green, Reading4
£1,85004/250.29 mi-3
£1,85012/240.34 miHemdean Rise, Caversham, Reading3
£1,95012/240.36 miPeppard Road, Caversham3
£2,28507/240.37 miThe Horse Close, Reading, RG43
£2,48507/240.37 mi-3
£2,28507/240.37 mi-3
£2,18501/250.37 mi-3
£1,65012/240.37 miOxford Street, Caversham, Reading3
£2,40007/240.38 miHemdean Road, Caversham, Reading5
£2,25007/240.39 miPriest Hill, Caversham, Reading3
£2,50001/240.43 mi-3
£1,70012/240.45 miRectory Road, Caversham3
£1,70012/240.46 miSouth Street, Caversham, Reading3
£1,65012/240.46 mi-3
£2,70012/240.47 miHarmont Gate, Emmer Green, Reading, Berkshire, RG44
£2,35007/240.48 miLonghurst Close, Caversham, RG44
£1,55012/240.48 miSouth Street, Caversham, Reading3
£1,95012/240.49 mi-4
£2,50012/240.49 miGeorge Close, Caversham, Reading4
£1,75007/240.49 mi-3
£1,75004/250.49 mi-3
£1,75007/240.49 miValentine Crescent, Caversham, Reading, RG43
£2,20002/240.5 mi-3
£1,65007/240.51 miBellingham Walk3
£1,75007/240.52 miOnslow Gardens, Caversham, Reading3
£1,65012/240.56 mi-3
£2,75007/240.56 miChurch Road, Caversham, Reading4
£1,99002/240.58 mi-3
£1,80012/240.59 miThe Willows, Caversham3
£1,99507/240.6 mi-4
£1,75007/240.61 miMayfield Drive, Caversham, Reading3
£1,90004/250.61 mi-3
£2,00007/240.62 miAnglefield Road, Caversham, Reading, Berkshire, RG43

Local Area Statistics

Population in RG4

39,160

Population in Reading

321,187

Town centre distance

1.50 miles away

Nearest school

0.10 miles away

Nearest train station

1.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £925,000

February 26, 2025

Floor Plans

Description

  • Five bedroomed 1930s semi detached house +
  • South-facing landscaped garden +
  • Vast kitchen with underfloor heating +
  • Downstairs bedroom suite +
  • Excellent school catchment +
  • Residents recreational area and tennis court +
  • Onward chain is closed! +

New to the market is this superbly and vastly extended five bedroomed semi detached, Haddock 1930s house set in a sought-after private road in the heart of Caversham. The current owners have extended downstairs creating a modern John Lewis kitchen/dining/living area with polished concrete flooring with underfloor heating, built in appliances and stainless steel worktop. The kitchen island has a solid oak worktop and overhang for seating. The fifth bedroom is downstairs and benefits from a shower room in close proximity, again with underfloor heating, including in the shower tray. There is a superb utility area and a downstairs cloakroom. The room beneifts hugely from large roof lanterns, huge picture window and glass door to garden. The hall has the original door with stained glass window and side lights and the floor is solid oak. To the front is a living room with bay window and original fireplace. The generous landing gives access to a superb bathroom with separate Grohe shower and bath and three bedrooms. The loft conversion is a large double room with Velux windows and storage in the eaves. The south-facing back garden has a large, paved, private patio, lawned area and established planting. To the front is off-road parking for four cars. An early viewing is recommended by the vendors sole agent.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Bridges Estate Agents, Caversham

0118 230 1725

Next Steps?

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