3 Bed Detached House, Planning Permission, Reading, RG30 4PX, £585,000

Halls Road, Tilehurst, Reading, RG30 4PX - a month ago

Planning
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£280K - £500K
Sold Prices/m²£2.7K/m² - £5.5K/m²

 

 

Square Metres

~93 m²
Price/m²£6.3K/m²

Value Estimate

£368,423

 

 

End Value (After Refurb)

£490,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£146,250

Stamp Duty & Legal Fees

£47,200

Refurb Costs

£43,186

Bridging Loan Interest

£15,356

Total Cash In

£253,742

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£490,000

Mortgage (After Refinance)

£367,500

Mortgage LTV

75%

Cash Left In

£253,742

Equity

£122,500

Rent Range

£1,450 - £6,000

Rent Estimate

£2,069

Running Costs/mo

£1,965

Cashflow/mo

£104

Cashflow/yr

£1,247

ROI

0%

Gross Yield

4%

Local Sold Prices

50 sold prices from £280K to £500K, average is £367.5K. £2.7K/m² to £5.5K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£365K08/210.07 mi114, Mayfair, Tilehurst, Reading RG30 4RD3
£375K01/230.09 mi91a, Mayfair, Tilehurst, Reading RG30 4RB3
£450K04/210.13 mi2, Keswick Close, Tilehurst, Reading RG30 4SD3
£361K04/210.14 mi9, Keswick Close, Tilehurst, Reading RG30 4SD3
£450K04/230.14 mi4, Grafton Road, Tilehurst, Reading RG30 4QJ3
£435K07/230.18 mi40, Fairway Avenue, Tilehurst, Reading, West Berkshire RG30 4QA3
£395K03/210.18 mi34, Wendover Way, Tilehurst, Reading RG30 4RU3
£370K04/210.2 mi58, St Michaels Road, Tilehurst, Reading RG30 4RX3
£430K05/230.21 mi88, St Michaels Road, Tilehurst, Reading RG30 4RX3
£324K03/230.23 mi149, Park Lane, Tilehurst, Reading RG31 4DR3
£400K07/230.25 mi94, Halls Road, Tilehurst, Reading RG30 4PU3
£362.5K03/230.25 mi71, Park Lane, Tilehurst, Reading RG31 5DP3
£380K02/210.25 mi85, St Michaels Road, Tilehurst, Reading RG30 4RY3
£310K04/210.28 mi86, Corwen Road, Tilehurst, Reading RG30 4SU3
£298K03/210.28 mi67, Ash Road, Tilehurst, Reading RG30 4SG3
£395K04/210.28 mi146, Park Lane, Tilehurst, Reading RG31 4DU3
£298K03/210.29 mi67, Ash Road, Tilehurst, Reading RG30 4SG3
£320K11/210.29 mi43, Ash Road, Tilehurst, Reading RG30 4SG3
£420K10/200.29 mi7, Beechwood Avenue, Tilehurst, Reading RG31 5BJ3
£475K08/210.29 mi5, Beechwood Avenue, Tilehurst, Reading RG31 5BJ3
£335K11/210.3 mi27, Ogmore Close, Tilehurst, Reading RG30 4SX3
£361.5K06/230.3 mi10, Ogmore Close, Tilehurst, Reading RG30 4SX3
£320K03/210.3 mi2, Hugh Fraser Drive, Tilehurst, Reading, West Berkshire RG31 4QZ3
£400K01/210.31 mi14, Glenwood Drive, Tilehurst, Reading RG31 4HE3
£457.5K02/230.31 mi8, Glenwood Drive, Tilehurst, Reading RG31 4HE3
£340K04/210.33 mi31, City Road, Tilehurst, Reading RG31 4HA3
£310K07/210.33 mi121, Corwen Road, Tilehurst, Reading RG30 4TH3
£285K02/210.33 mi10, Tyle Road, Tilehurst, Reading RG30 4TF3
£280K01/210.33 mi76, Teviot Road, Tilehurst, Reading RG30 4SS3
£342.5K05/210.35 mi6, The Triangle, Tilehurst, Reading RG30 4RN3
£410K12/220.35 mi15, Walnut Way, Tilehurst, Reading RG30 4TD3
£385K11/210.35 mi15, Tyle Road, Tilehurst, Reading RG30 4TE3
£309K10/200.35 mi16, Bran Close, Tilehurst, Reading RG30 4SY3
£335K03/210.37 mi302, The Meadway, Tilehurst, Reading RG30 4PB3
£298K10/200.37 mi44, Corwen Road, Tilehurst, Reading RG30 4SJ3
£330K01/230.37 mi62, Corwen Road, Tilehurst, Reading RG30 4SJ3
£400K01/230.37 mi60, City Road, Tilehurst, Reading, West Berkshire RG31 5HB3
£435K07/230.37 mi58, City Road, Tilehurst, Reading, West Berkshire RG31 5HB3
£320K11/200.37 mi4, Alford Close, Tilehurst, Reading RG30 4TB3
£355K12/200.39 mi15, Bramble Crescent, Tilehurst, Reading RG30 4TX3
£295K03/210.4 mi15, Downing Road, Tilehurst, Reading RG31 5BA3
£395K01/230.4 mi7, Swallow Close, Tilehurst, Reading, West Berkshire RG31 4SN3
£300K06/230.4 mi9, Downing Road, Tilehurst, Reading RG31 5BA3
£485K10/220.4 mi2, Berkshire Drive, Tilehurst, Reading RG31 5JJ3
£422.3K09/210.41 mi3, Thicket Road, Tilehurst, Reading RG30 4TY3
£500K11/220.41 mi121c, Langley Hill, Tilehurst, Reading, West Berkshire RG31 4EH3
£385K06/210.41 mi42, Hildens Drive, Tilehurst, Reading, West Berkshire RG31 5HU3
£320K04/210.42 mi24, Thicket Road, Tilehurst, Reading RG30 4TY3
£392.5K03/210.43 mi24, Gratwicke Road, Tilehurst, Reading RG30 4TT3
£402K02/210.43 mi14, Chapel Hill, Tilehurst, Reading RG31 5DG3

Local Rents

14 rents from £1.4K/mo to £6K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£2,25007/240.06 miHalls Road, Tilehurst, Reading, Berkshire, RG303
£2,00007/240.28 mi-3
£2,00002/250.28 mi-3
£2,00007/240.28 miPark Lane, Tilehurst, Reading, RG313
£1,60007/240.41 miCorwen Road, Tilehurst3
£1,45006/240.42 mi-3
£1,50007/240.42 miRouth Lane, Tilehurst, Reading, RG303
£1,69506/240.44 mi-3
£1,62507/240.55 mi-3
£1,98003/250.57 mi-3
£1,50008/240.57 miFern Walk, Calcot, Reading, RG313
£6,00002/240.6 mi-3
£1,50007/240.62 miPoppy Way3
£1,80007/240.62 miBeverley Road, Reading3

Local Area Statistics

Population in RG30

43,410

Population in Reading

321,187

Town centre distance

2.91 miles away

Nearest school

0.30 miles away

Nearest train station

1.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £585,000

March 6, 2025

Floor Plans

Description

  • Three Double Bedrooms +
  • Ensuite Bathroom +
  • Separate Family Room +
  • Kitchen / Dining Room +
  • Detached House +
  • Driveway Parking +
  • Downstairs W/C +
  • Versatile Second Reception Room +

Arins Property Services are pleased to welcome to the market this well presented three double bedroom detached family home. The property is situated within a popular location and has excellent access to local primary and secondary schools, while being close to the bus routes which leading to Reading town centre, is a reasonable distance from Tilehurst train station, and junction 12 of the M4 motorway. Further accommodation includes two separate reception rooms, ensuite bathroom, fitted kitchen/ dining room, downstairs WC and separate family bathroom. Additional features include a well maintained enclosed rear garden, driveway parking for a number of vehicles, brick built open fireplace and double glazed windows.  Mobile Signal 4G excellent data and voice, 5G poor Existing Planning Permission Title: Two storey and part single storey extension to side of house., Submitted Date: 26/02/1997 00:00:00, Ref No: 970283, Decision: , Decision Date: N/A

Agent Details

Arins Property Services, Tilehurst

0118 230 5656

Next Steps?

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