3 Bed Semi-Detached House, Refurb/BRRR, Reading, RG5 4NA, £465,000

Rochester Avenue, Woodley, Reading, RG5 4NA - 1 views - a month ago

Refurb/BRRR
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£358K - £700K
Sold Prices/m²£3.2K/m² - £7K/m²

 

 

Square Metres

~93 m²
Price/m²£5K/m²

Value Estimate

£394,932

 

 

End Value (After Refurb)

£450,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£116,250

Stamp Duty & Legal Fees

£35,200

Refurb Costs

£43,600

Bridging Loan Interest

£12,206

Total Cash In

£209,006

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£450,000

Mortgage (After Refinance)

£337,500

Mortgage LTV

75%

Cash Left In

£209,006

Equity

£112,500

Rent Range

£1,595 - £2,250

Rent Estimate

£1,869

Running Costs/mo

£1,800

Cashflow/mo

£69

Cashflow/yr

£827

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £358K to £700K, average is £450K. £3.2K/m² to £7K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£465K05/230.01 mi48, Rochester Avenue, Woodley, Reading, Wokingham RG5 4NA3
£468K07/230.01 mi50, Rochester Avenue, Woodley, Reading, Wokingham RG5 4NA3
£700K04/230.07 mi24, Butts Hill Road, Woodley, Reading, Wokingham RG5 4NH3
£675K03/230.07 mi38, Butts Hill Road, Woodley, Reading, Wokingham RG5 4NH3
£400K12/200.07 mi34, Ravensbourne Drive, Woodley, Reading, Wokingham RG5 4LJ3
£375K03/210.07 mi76, Rochester Avenue, Woodley, Reading, Wokingham RG5 4NB3
£408K02/210.07 mi86, Rochester Avenue, Woodley, Reading, Wokingham RG5 4NB3
£415K06/210.11 mi27, Ravensbourne Drive, Woodley, Reading, Wokingham RG5 4LH3
£445K04/230.12 mi98, Haddon Drive, Woodley, Reading, Wokingham RG5 4LL3
£415K02/210.12 mi112, Haddon Drive, Woodley, Reading, Wokingham RG5 4LL3
£495K11/220.12 mi21, Ravensbourne Drive, Woodley, Reading, Wokingham RG5 4LH3
£505K04/230.12 mi131, Haddon Drive, Woodley, Reading, Wokingham RG5 4LZ3
£425K03/210.18 mi3, Rowan Drive, Woodley, Reading, Wokingham RG5 4LN3
£432.5K05/210.2 mi16, Rowan Drive, Woodley, Reading, Wokingham RG5 4LW3
£405K02/210.21 mi23, Willowside, Woodley, Reading, Wokingham RG5 4HJ3
£427K01/230.22 mi55, Telford Crescent, Woodley, Reading, Wokingham RG5 4QT3
£525K02/230.23 mi96, Haddon Drive, Woodley, Reading, Wokingham RG5 4LT3
£450K08/210.23 mi86, Haddon Drive, Woodley, Reading, Wokingham RG5 4LT3
£540K11/200.24 mi86, Butts Hill Road, Woodley, Reading, Wokingham RG5 4NR3
£470K12/200.25 mi20, Western Avenue, Woodley, Reading, Wokingham RG5 3BH3
£565K06/230.25 mi6, Western Avenue, Woodley, Reading, Wokingham RG5 3BH3
£465K11/200.26 mi32, Walmer Road, Woodley, Reading, Wokingham RG5 4PN3
£455K03/210.27 mi10, Warren Road, Woodley, Reading, Wokingham RG5 3AP3
£445K10/200.27 mi24, Badgers Rise, Woodley, Reading, Wokingham RG5 3AJ3
£360K06/210.27 mi10, Badgers Rise, Woodley, Reading, Wokingham RG5 3AJ3
£493K03/230.27 mi9, Badgers Rise, Woodley, Reading, Wokingham RG5 3AJ3
£480K04/230.27 mi29, Badgers Rise, Woodley, Reading, Wokingham RG5 3AJ3
£425K11/200.28 mi96, Butts Hill Road, Woodley, Reading, Wokingham RG5 4NR3
£460K06/210.31 mi101, Butts Hill Road, Woodley, Reading, Wokingham RG5 4NT3
£475K12/220.33 mi38, Selsdon Avenue, Woodley, Reading, Wokingham RG5 4PG3
£401K11/200.34 mi24, Lavenham Drive, Woodley, Reading, Wokingham RG5 4PP3
£450K04/210.35 mi18, St Johns Close, Woodley, Reading, Wokingham RG5 4RD3
£405K03/210.35 mi11, St Johns Close, Woodley, Reading, Wokingham RG5 4RD3
£418K01/210.38 mi11, Haddon Drive, Woodley, Reading, Wokingham RG5 4LX3
£358K11/200.39 mi31, Halstead Close, Woodley, Reading, Wokingham RG5 4LD3
£415K06/230.41 mi38, Wroxham Road, Woodley, Reading, Wokingham RG5 3AT3
£460K02/210.41 mi39, Elmwood Close, Woodley, Reading, Wokingham RG5 3AL3
£455K06/210.42 mi37, Elmwood Close, Woodley, Reading, Wokingham RG5 3AL3
£650K10/220.44 mi3, Boulters Close, Woodley, Reading, Wokingham RG5 4QW3
£480K03/230.44 mi12, Uppingham Drive, Woodley, Reading, Wokingham RG5 4TH3
£445K01/210.44 mi12, Uppingham Drive, Woodley, Reading, Wokingham RG5 4TH3
£485K01/230.46 mi76, Headley Road, Woodley, Reading, Wokingham RG5 4JE3
£410K01/230.46 mi4, Woodley Green, Woodley, Reading, Wokingham RG5 4QP3
£372.5K04/210.46 mi3, Woodley Green, Woodley, Reading, Wokingham RG5 4QP3
£385K01/230.46 mi26, Wheble Drive, Woodley, Reading, Wokingham RG5 3DT3
£405K02/210.47 mi116, Wheble Drive, Woodley, Reading, Wokingham RG5 3DU3
£399.9K03/210.47 mi112, Wheble Drive, Woodley, Reading, Wokingham RG5 3DU3
£460K06/230.48 mi34, Headley Road, Woodley, Reading, Wokingham RG5 4JA3
£670K02/210.48 mi8, Old Bath Road, Sonning, Reading, Wokingham RG4 6TA3
£500K12/220.48 mi16, Wyndham Crescent, Woodley, Reading, Wokingham RG5 3AZ3

Local Rents

21 rents from £1.6K/mo to £2.3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,20007/240.07 miButts Hill Road, Woodley3
£1,85012/240.1 mi-3
£2,00002/250.11 mi-3
£2,10007/240.14 miWoodley, Reading, RG53
£2,25007/240.15 miEynsham Close, Woodley, Reading, RG53
£2,15006/240.15 mi-3
£1,95007/240.17 miEynsham Close3
£1,85003/250.18 mi-3
£1,85003/250.18 mi-3
£2,00007/240.18 mi-3
£1,60007/240.25 miTelford Crescent, Woodley, Reading, Berkshire, RG53
£1,60007/240.27 miBadgers Rise3
£1,90007/240.28 miAshtrees Road, Woodley, Reading3
£1,85002/250.33 mi-3
£1,59512/240.36 miWest Court, West Drive, Sonning, Reading, RG43
£1,70007/240.37 miHaddon Drive, Woodley3
£1,62507/240.42 miHeadley Road, Woodley, Reading, RG53
£1,85007/240.46 mi-3
£1,72007/240.59 mi-3
£1,80007/240.59 miBeechwood Avenue, Woodley, RG53
£1,80004/250.62 mi-3

Local Area Statistics

Population in RG5

25,444

Population in Reading

321,187

Town centre distance

3.08 miles away

Nearest school

0.30 miles away

Nearest train station

1.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-31%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £465,000

March 5, 2025

Floor Plans

Description

  • 3 Bedroom semi detached home +
  • North Woodley location +
  • 2 Reception rooms +
  • Potential to extend (STPP) +
  • Garage +
  • Driveway parking +

A three bedroom semi detached home set in North Woodley in need of modernisation, benefitting from 2 reception rooms, conservatory, garage, good size garden and potential to extend (STPP).

The accommodation comprises entrance hall, living room with bay window, dining room, kitchen, and conservatory with doors leading into the garden. Upstairs there are 2 double bedrooms, single bedroom, bathroom with separate w/c,

Outside there is a good size rear garden with storage sheds and to the front is garage with driveway parking.

The property is situated within three miles of Twyford railway station, and four miles from Reading railway station, both on the new Elizabeth line. The A4, A329M/ M4, M40 and M3 are also easy reach by car. Idyllic local pubs in Sonning and Twyford, Sonning golf course and Woodley shopping centre are close by as well as good local schools such as, Waingels College & St. Dominic’s primary school.

Agent Details

Romans, Woodley

0118 230 0943

Next Steps?

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