4 Bed Semi-Detached House, Refurb/BRRR, Reading, RG5 3HD, £475,000

43 Crockhamwell Road, Woodley, Reading, RG5 3JZ - 2 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 1%
76 m²
+25 photos

ValuationOvervalued

Sold Prices£385K - £976K
Sold Prices/m²£3.2K/m² - £12.9K/m²

 

 

Square Metres

76.41 m²
Price/m²£6.2K/m²

Value Estimate

£321,573

 

 

End Value (After Refurb)

£465,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Refurb Costs

£35,822

Bridging Loan Interest

£12,469

Total Cash In

£195,491

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£465,000

Mortgage (After Refinance)

£348,750

Mortgage LTV

75%

Cash Left In

£195,491

Equity

£116,250

Rent Range

£1,600 - £7,000

Rent Estimate

£2,013

Running Costs/mo

£1,876

Cashflow/mo

£137

Cashflow/yr

£1,647

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £385K to £976K, average is £527.5K. £3.2K/m² to £12.9K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£520K04/210.04 mi83, Woodlands Avenue, Woodley, Reading, Wokingham RG5 3HG4
£510K12/200.09 mi57, Woodwaye, Woodley, Reading, Wokingham RG5 3HB4
£485K02/210.13 mi28, Fawcett Crescent, Woodley, Reading, Wokingham RG5 3HU4
£385K06/210.16 mi138, Antrim Road, Woodley, Reading, Wokingham RG5 3NZ4
£485K06/210.19 mi28, Woodlands Avenue, Woodley, Reading, Wokingham RG5 3HJ4
£425K02/210.2 mi91, Antrim Road, Woodley, Reading, Wokingham RG5 3NY4
£580K09/220.22 mi33, Woodwaye, Woodley, Reading, Wokingham RG5 3HA4
£415K06/210.24 mi11, Beechwood Avenue, Woodley, Reading, Wokingham RG5 3DE4
£450K06/230.24 mi33, Manners Road, Woodley, Reading, Wokingham RG5 3EA4
£515K12/220.24 mi30, Manners Road, Woodley, Reading, Wokingham RG5 3EA4
£455K06/230.24 mi33, Fairwater Drive, Woodley, Reading, Wokingham RG5 3JG4
£505K04/210.25 mi92, Kingfisher Drive, Woodley, Reading, Wokingham RG5 3LG4
£610K06/230.32 mi24, Reading Road, Woodley, Reading, Wokingham RG5 3DB4
£630K01/210.35 mi80, Crockhamwell Road, Woodley, Reading, Wokingham RG5 3LA4
£828K03/230.37 mi7, Penrose Avenue, Woodley, Reading, Wokingham RG5 3PA4
£450K04/210.42 mi8, The Hedgerows, Woodley, Reading, Wokingham RG5 3BQ4
£675K05/230.47 mi5, Nightingale Road, Woodley, Reading, Wokingham RG5 3LP4
£465K12/200.47 mi37, Selcourt Close, Woodley, Reading, Wokingham RG5 3AS4
£550K07/210.49 mi30, Arundel Road, Woodley, Reading, Wokingham RG5 4JL4
£523K07/230.54 mi8, Halstead Close, Woodley, Reading, Wokingham RG5 4LD4
£495K03/210.55 mi9, Fosters Lane, Woodley, Reading, Wokingham RG5 4HH4
£550K06/210.55 mi35, Pitts Lane, Earley, Reading, Wokingham RG6 1BX4
£440K04/210.56 mi8, Warren Road, Woodley, Reading, Wokingham RG5 3AP4
£976K10/220.56 mi7, Warren Road, Woodley, Reading, Wokingham RG5 3AP4
£555K01/210.56 mi68, Headley Road, Woodley, Reading, Wokingham RG5 4JE4
£779K11/200.57 mi39, Wyndham Crescent, Woodley, Reading, Wokingham RG5 3AY4
£515K04/210.58 mi76, Haddon Drive, Woodley, Reading, Wokingham RG5 4LT4
£540K02/210.6 mi58, Hilltop Road, Earley, Reading, Wokingham RG6 1DA4
£550K11/210.6 mi37b, Crockhamwell Road, Woodley, Reading, Wokingham RG5 3LE4
£475K06/210.6 mi9, Haddon Drive, Woodley, Reading, Wokingham RG5 4LX4
£525K12/220.61 mi211, Church Road, Earley, Reading, Wokingham RG6 1HW4
£875K08/220.61 mi4, Cobham Road, Woodley, Reading, Wokingham RG5 4LB4
£520K03/210.62 mi32, Hazel Drive, Woodley, Reading, Wokingham RG5 3SA4
£590K12/200.64 mi6, The Laurels, Woodley, Reading, Wokingham RG5 3BA4
£561K12/220.64 mi24, Rowan Drive, Woodley, Reading, Wokingham RG5 4LW4
£665K02/230.65 mi85, Western Avenue, Woodley, Reading, Wokingham RG5 3BL4
£720K12/220.65 mi245, Loddon Bridge Road, Woodley, Reading, Wokingham RG5 4BL4
£464.5K01/210.65 mi245, Loddon Bridge Road, Woodley, Reading, Wokingham RG5 4BL4
£465K12/200.66 mi3, Jubilee Close, Woodley, Reading, Wokingham RG5 3JU4
£890K01/230.67 mi374, London Road, Earley, Reading, Wokingham RG6 1AR4
£551.5K12/200.67 mi5, Ashtrees Road, Woodley, Reading, Wokingham RG5 4LP4
£875K05/230.67 mi27, Whitegates Lane, Earley, Reading, Wokingham RG6 1EE4
£410K04/230.67 mi10, Bideford Close, Woodley, Reading, Wokingham RG5 3SE4
£631.9K07/210.69 mi117, Church Road, Earley, Reading, Wokingham RG6 1HG4
£590K02/230.69 mi11a, Palmerstone Road, Earley, Reading, Wokingham RG6 1HL4
£680K04/230.69 mi33, Palmerstone Road, Earley, Reading, Wokingham RG6 1HL4
£530K05/210.69 mi35, Palmerstone Road, Earley, Reading, Wokingham RG6 1HL4
£533.5K11/210.69 mi34, Palmerstone Road, Earley, Reading, Wokingham RG6 1HL4
£465K03/210.71 mi78, Rochester Avenue, Woodley, Reading, Wokingham RG5 4NB4
£398K01/210.72 mi22, Bodmin Road, Woodley, Reading, Wokingham RG5 3RZ4

Local Rents

50 rents from £1.6K/mo to £7K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,80011/240.07 mi-3
£1,70002/250.07 mi-3
£1,86502/250.08 mi-3
£1,80003/250.09 mi-4
£1,80004/250.14 mi-3
£1,80007/240.15 miBeechwood Avenue, Woodley, RG53
£1,65007/240.19 miChequers Way3
£1,65003/250.22 mi-3
£1,67507/240.24 miFairwater Drive3
£1,75008/240.24 miFairwater Drive3
£1,70007/240.24 miKingfisher Drive, Woodley, Reading, RG53
£1,65007/240.25 miKingfisher Drive3
£1,90006/240.26 mi-3
£1,70009/240.27 miAntrim Road, Woodley, Berkshire, RG53
£1,72007/240.31 mi-3
£1,90007/240.32 mi-3
£2,15002/250.32 mi-3
£1,80003/250.37 mi-3
£1,85008/240.37 miKingfisher Drive, Woodley, Reading, Berkshire, RG53
£1,60007/240.37 miFairwater Drive, Woodley, Reading, RG53
£2,00007/240.38 miJerome Road4
£2,25008/240.38 miAntrim Road4
£2,15007/240.39 mi-3
£2,20007/240.39 miLouden Square, Earley, Reading, Berkshire, RG64
£2,00007/240.42 miCampbell Road, Woodley, Reading, Berkshire, RG54
£2,00008/240.42 miCampbell Road, Woodley, Berkshire, RG53
£1,99508/240.42 mi-3
£1,99508/240.42 miCampbell Road, Woodley, RG53
£2,50007/240.43 miBlackstone Way, Earley, Reading, Wokingham, RG65
£2,00007/240.45 miFaringdon Road, Earley, Reading, Berkshire, RG64
£1,80007/240.48 miHighgate Road, Woodley, Reading, Berkshire, RG53
£2,50007/240.49 miThe Orangery, Earley5
£1,99504/250.5 mi-3
£2,65002/250.51 mi-5
£1,65003/250.54 mi-3
£1,95007/240.56 miEynsham Close3
£2,78011/240.56 mi-5
£3,29507/240.56 miFreshers Grove, Earley, Reading, RG64
£3,29507/240.56 miFreshers Grove, Earley, Reading, RG64
£2,00008/240.56 miGodstow Close, Woodley, Reading, Berkshire, RG54
£7,00004/250.57 mi-10
£2,15006/240.58 mi-3
£2,25007/240.58 miEynsham Close, Woodley, Reading, RG53
£1,62507/240.59 miHeadley Road, Woodley, Reading, RG53
£1,85007/240.59 mi-3
£1,85003/250.59 mi-3
£1,85003/250.59 mi-3
£2,75007/240.6 miHigh Tree Drive, Earley4
£1,87507/240.61 miDelamere Road, Reading, Berkshire3
£1,85010/240.61 mi-4

Local Area Statistics

Population in RG5

25,444

Population in Reading

321,187

Town centre distance

2.58 miles away

Nearest school

0.10 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-31%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £475,000

February 26, 2025

Floor Plans

Description

  • Four Bedrooms +
  • Semi-Detached +
  • No Onward Chain +
  • In Need of Refurbishment +
  • Driveway Parking And Garage +
  • Private Rear Garden +

* SOLD PRIOR TO MARKETING * Situated within a sought after location within Woodley is this extended four bedroom semidetached family home with NO ONWARD CHAIN. Offering flexible family accommodation the property comprises; entrance hall, living room, dining room, conservatory, kitchen, four bedrooms, the master benefiting from an en-suite and a family bathroom. Externally there is a mature enclosed rear garden, garage, driveway parking and a car port. The property is in need of full remodernisation and is located close to a wide range of local amenities including Schools, bus routes and Woodley Precinct. Viewing is highly recommended.

At the time of Instruction, we have been advised by the vendors of the following information:

Council Tax Band D (Wokingham Borough Council)

The above information may be subject to change during the transaction period.

Agent Details

Parkers, Woodley

0118 230 0625

Next Steps?

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