3 Bed Semi-Detached House, Planning Permission, Reading, RG30 2EB, £390,000

Liebenrood Road, Reading, Berkshire, RG30 2EB - 1 views - a month ago

Sold STC

Auction

Planning

ROI: 1%

~93 m²

+10 photos

ValuationOvervalued

Sold Prices	£170K - £525K
Sold Prices/m²	£1.7K/m² - £5.6K/m²

Square Metres	~93 m²
Price/m²	£4.2K/m²
Value Estimate	£364,842£364,842

End Value (After Refurb)	£361,021£361,021

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£97,500£97,500
Stamp Duty & Legal Fees	£27,700£27,700
Refurb Costs	£43,186£43,186
Bridging Loan Interest	£10,238£10,238
Total Cash In	£180,374£180,374

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£361,021£361,021
Mortgage (After Refinance)	£270,766£270,766
Mortgage LTV	75%75%
Cash Left In	£180,374£180,374
Equity	£90,255£90,255
Rent Range	£1,400 - £3,545£1,400 - £3,545
Rent Estimate	£1,650
Running Costs/mo	£1,478£1,478
Cashflow/mo	£172£172
Cashflow/yr	£2,062£2,062
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £170K to £525K, average is £325K. £1.7K/m² to £5.6K/m², average is £3.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£310K	01/21	0.11 mi	35, Parkside Road, Reading RG30 2BT	£3,875	80	3	Terraced House
£525K	04/23	0.19 mi	3, Ashdene Gardens, Reading RG30 2EP	£5,010	105	3	Terraced House
£460K	01/23	0.19 mi	250, Tilehurst Road, Reading RG30 2NE	-	-	3	Semi-Detached House
£360K	06/23	0.19 mi	4, Suffolk Road, Reading RG30 2EH	£3,913	92	3	Terraced House
£335K	11/21	0.19 mi	18, Kent Road, Reading RG30 2EJ	£4,085	82	3	Terraced House
£283K	02/21	0.2 mi	164, Wantage Road, Reading RG30 2SJ	-	-	3	Detached House
£270K	12/20	0.2 mi	4, Rutland Road, Reading RG30 2EL	£2,872	94	3	Terraced House
£292K	01/21	0.2 mi	8, Rutland Road, Reading RG30 2EL	£3,842	76	3	Semi-Detached House
£380K	03/21	0.2 mi	274, Tilehurst Road, Reading RG30 2NE	£4,524	84	3	Semi-Detached House
£522.5K	05/23	0.2 mi	252, Tilehurst Road, Reading RG30 2NE	-	-	3	Semi-Detached House
£400K	09/21	0.2 mi	48, Waverley Road, Reading RG30 2PY	-	-	3	Semi-Detached House
£300K	04/21	0.2 mi	7, Aberford Close, Reading RG30 2NX	£4,348	69	3	Detached House
£300K	03/21	0.2 mi	12, Aberford Close, Reading RG30 2NX	-	-	3	Terraced House
£490K	02/23	0.21 mi	54, Waverley Road, Reading RG30 2PY	-	-	3	Semi-Detached House
£373K	03/21	0.24 mi	2, Hawley Mews, Reading RG30 2EY	£5,567	67	3	Semi-Detached House
£170K	01/23	0.25 mi	19, Tuxford Mews, Reading RG30 2NW	£1,700	100	3	Terraced House
£335K	06/21	0.26 mi	207, Cranbury Road, Reading RG30 2XA	£4,160	81	3	Terraced House
£473K	03/23	0.27 mi	102, Waverley Road, Reading RG30 2PY	£4,750	100	3	Semi-Detached House
£315K	06/21	0.28 mi	28, Gloucester Road, Reading RG30 2TH	£3,237	97	3	Terraced House
£325K	10/20	0.3 mi	20, Westbourne Terrace, Reading RG30 2RP	£3,963	82	3	Semi-Detached House
£325K	04/21	0.31 mi	76, Tilehurst Road, Reading RG30 2LU	£4,333	75	3	Semi-Detached House
£310K	02/23	0.31 mi	45, Wilson Road, Reading RG30 2RT	£3,974	78	3	Terraced House
£350K	04/23	0.31 mi	4, Kirton Close, Reading RG30 2NS	-	-	3	Terraced House
£445K	12/22	0.31 mi	144, Wantage Road, Reading RG30 2SF	£3,726	119	3	Semi-Detached House
£285K	09/21	0.32 mi	160, Belmont Road, Reading RG30 2UX	£3,654	78	3	Terraced House
£350K	02/23	0.32 mi	49, Wantage Road, Reading RG30 2SN	£3,933	89	3	Semi-Detached House
£325K	04/23	0.33 mi	139, Belmont Road, Reading RG30 2UY	£3,963	82	3	Terraced House
£306K	07/23	0.33 mi	163, Belmont Road, Reading RG30 2UY	£3,778	81	3	Terraced House
£370K	01/23	0.34 mi	27, Appleby End, Reading RG30 2NR	-	-	3	Terraced House
£220K	01/23	0.34 mi	22, Appleby End, Reading RG30 2NR	£2,444	90	3	Semi-Detached House
£344K	04/21	0.34 mi	7, Tofrek Terrace, Reading RG30 2JS	£3,406	101	3	Semi-Detached House
£425K	03/23	0.35 mi	10, Tofrek Terrace, Reading RG30 2JS	-	-	3	Terraced House
£365K	07/23	0.35 mi	2, Gloucester Court, Reading RG30 2TW	-	-	3	Terraced House
£297.5K	05/21	0.38 mi	166, Beecham Road, Reading RG30 2RE	-	-	3	Semi-Detached House
£347K	04/21	0.38 mi	374, Tilehurst Road, Reading RG30 2NG	£3,577	97	3	Terraced House
£290K	11/20	0.38 mi	376, Tilehurst Road, Reading RG30 2NG	£2,871	101	3	Terraced House
£297.5K	05/21	0.39 mi	18, Ibstock Close, Reading RG30 2NU	-	-	3	Semi-Detached House
£300K	04/21	0.39 mi	10, Ibstock Close, Reading RG30 2NU	£3,704	81	3	Terraced House
£307K	06/23	0.39 mi	1, Colliers Way, Reading RG30 2QS	-	-	3	Semi-Detached House
£327K	03/21	0.4 mi	8, Wilton Road, Reading RG30 2SS	-	-	3	Semi-Detached House
£312.3K	04/23	0.4 mi	5, Wilton Road, Reading RG30 2SS	£3,953	79	3	Terraced House
£300K	06/23	0.4 mi	34, Prince Of Wales Avenue, Reading RG30 2UH	-	-	3	Terraced House
£290K	01/23	0.4 mi	26, Prince Of Wales Avenue, Reading RG30 2UH	-	-	3	Terraced House
£290K	04/21	0.41 mi	171, Beecham Road, Reading RG30 2RB	£3,706	78	3	Terraced House
£350K	03/23	0.41 mi	81, Beecham Road, Reading RG30 2RB	£4,167	84	3	Terraced House
£345K	09/21	0.41 mi	76, Kensington Road, Reading RG30 2SY	£4,083	84	3	Semi-Detached House
£469K	09/21	0.42 mi	101, Connaught Road, Reading RG30 2UE	£4,303	109	3	Semi-Detached House
£343K	10/21	0.43 mi	50, Amblecote Road, Tilehurst, Reading RG30 4BP	-	-	3	Semi-Detached House
£305K	02/23	0.43 mi	28, Kensington Road, Reading RG30 2SY	£3,389	90	3	Terraced House
£300K	02/23	0.43 mi	29, Wantage Road, Reading RG30 2SH	-	-	3	Terraced House

Local Rents

51 rents from £1.4K/mo to £3.5K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,600	07/24	0.16 mi	Elm Park, Reading, Berkshire, RG30	3	Detached House
£1,700	07/24	0.17 mi	Wantage Road, READING RG30 2SL	3	Detached House
£1,550	07/24	0.2 mi	Windrush Way, Reading, Berkshire, RG30	3	Terraced House
£1,495	07/24	0.22 mi	Kent Road, Reading	3	Terraced House
£1,700	07/24	0.27 mi	-	3	Terraced House
£1,550	07/24	0.27 mi	Waverley Road, Reading, RG30	3	Terraced House
£1,950	07/24	0.27 mi	Waverley Road, Reading, Berkshire, RG30	3	Semi-Detached House
£1,500	07/24	0.28 mi	Wilson Road, Reading, Berkshire, RG30	3	Terraced House
£1,800	12/24	0.3 mi	-	3	Terraced House
£1,600	07/24	0.32 mi	Gloucester Road, Reading	3	Terraced House
£1,400	09/24	0.32 mi	-	3	Flat
£1,400	10/24	0.32 mi	-	3	Flat
£1,400	10/24	0.32 mi	-	3	Flat
£1,750	07/24	0.34 mi	Gloucester Road, Reading, RG30	3	Terraced House
£1,400	12/24	0.35 mi	-	3	Terraced House
£1,450	10/23	0.35 mi	Gloucester Court, Reading, RG30 2TW	3	Terraced House
£1,695	03/25	0.36 mi	-	3	Terraced House
£1,500	08/24	0.36 mi	Three Bedroom House- Prince Of Wales Avenue, Reading	3	Terraced House
£1,600	01/25	0.39 mi	-	3	Semi-Detached House
£1,650	08/24	0.39 mi	Water Road, Reading, RG30	3	Semi-Detached House
£1,950	07/24	0.39 mi	St. Georges Road, Reading, RG30	3	Terraced House
£3,545	02/25	0.39 mi	-	3	Flat
£1,750	03/25	0.4 mi	-	3	Terraced House
£1,600	07/24	0.4 mi	Water Road, Reading	3	House
£1,600	02/24	0.4 mi	-	3	Terraced House
£1,850	07/24	0.4 mi	3 BEDROOM SPACIOUS PROPERTY - Water Road, Reading	3	Terraced House
£1,500	07/24	0.4 mi	Prince Of Wales Avenue, Reading, Berkshire, RG30	3	Terraced House
£1,695	07/24	0.41 mi	Beecham Road	3	Terraced House
£1,400	07/24	0.41 mi	Kensington Road, Reading, RG30	3	Terraced House
£1,600	07/24	0.42 mi	Wilton Road, Reading, RG30	3	Terraced House
£1,525	07/24	0.42 mi	Kensington Road, Reading	3	Terraced House
£1,600	03/25	0.42 mi	-	3	Detached House
£1,400	07/24	0.44 mi	Cranbury Road, Reading, RG30	3	Terraced House
£1,650	07/24	0.44 mi	-	3	Terraced House
£1,500	01/25	0.44 mi	-	3	Terraced House
£1,400	07/24	0.44 mi	Belmont Road, Reading, Berkshire, RG30	3	Terraced House
£1,650	02/25	0.45 mi	-	3	Terraced House
£1,450	02/24	0.45 mi	-	3	Terraced House
£1,400	07/24	0.47 mi	Factory Place, Wilson Road, Reading, Berkshire, RG30	3	Terraced House
£1,800	07/24	0.47 mi	St. Georges Road, Reading, Berkshire, RG30	3	Terraced House
£1,500	07/24	0.48 mi	Elm Park Road, Reading, Berkshire, RG30	3	Terraced House
£1,600	07/24	0.49 mi	Connaught Road, Reading, RG30	3	Terraced House
£1,600	07/24	0.49 mi	Connaught Road, Reading, Berkshire, RG30	3	Terraced House
£1,900	07/24	0.49 mi	Kenilworth Avenue, Reading, Berkshire, RG30	3	Semi-Detached House
£1,900	07/24	0.49 mi	Kenilworth Avenue, Reading, RG30	3	Semi-Detached House
£1,700	07/24	0.49 mi	Oxford Road, Reading, RG30	3	Flat
£1,700	08/24	0.49 mi	Oxford Road, Reading, RG30	3	Flat
£1,700	08/24	0.49 mi	-	3	Flat
£1,650	03/25	0.5 mi	-	3	Terraced House
£1,550	02/24	0.5 mi	-	3	Semi-Detached House
£1,550	07/24	0.5 mi	Oxford Road, Reading, RG30	3	Terraced House

Local Area Statistics

Population in RG30	43,41043,410
Population in Reading	321,187321,187
Town centre distance	1.31 miles away1.31 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.63 miles away0.63 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+1%+1%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+14%+14%

Property History

Listed for £390,000

March 7, 2025

Floor Plans

Description

FOR SALE BY ONLINE AUCTION +
6 WEEKS’ COMPLETION +
Semi-detached house +
Three bedrooms +
Requires refurbishment +
Potential for extension, STP +
Parking & garden +

On behalf of the Attorneys. Located in a desirable residential location, a vacant period three bedroom semi-detached house, requiring refurbishment, providing great potential for improvement and extension, subject to planning permission. The property is situated opposite Prospect park and affords easy access to the town centre and junctions 11 & 12 of the M4 motorway.

Agent Details

Romans, Reading

0118 230 5271

Next Steps?

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