4 Bed Detached House, Planning Permission, Reading, RG4 9RL, £925,000

Grove Road, Sonning Common, RG4 9RL - a month ago

Planning
~129 m²
+11 photos

ValuationOvervalued

Sold Prices£502.5K - £1.2M
Sold Prices/m²£3.9K/m² - £8.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£7.2K/m²

Value Estimate

£729,678

 

 

End Value (After Refurb)

£892,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£231,250

Stamp Duty & Legal Fees

£87,200

Refurb Costs

£60,019

Bridging Loan Interest

£24,281

Total Cash In

£404,500

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£892,500

Mortgage (After Refinance)

£669,375

Mortgage LTV

75%

Cash Left In

£404,500

Equity

£223,125

Rent Range

£1,400 - £4,400

Rent Estimate

£2,345

Running Costs/mo

£3,278

Cashflow/mo

£-933

Cashflow/yr

£-11,197

Gross Yield

3%

Local Sold Prices

24 sold prices from £502.5K to £1.2M, average is £815K. £3.9K/m² to £8.6K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£502.5K11/200.12 mi1, Redhouse Drive, Sonning Common, Reading, Oxfordshire RG4 9NT4
£950K01/230.12 mi32a, Grove Road, Sonning Common, Reading, Oxfordshire RG4 9RL4
£725K04/230.13 mi11, Wood Lane, Sonning Common, Reading, Oxfordshire RG4 9SJ4
£515K12/200.2 mi7, Wychwood Close, Sonning Common, Reading, Oxfordshire RG4 9SN4
£644K06/210.22 mi8, Sedgewell Road, Sonning Common, Reading, Oxfordshire RG4 9TA4
£515K05/210.22 mi4, Churchill Crescent, Sonning Common, Reading, Oxfordshire RG4 9RX4
£950K01/230.23 mi56b, Grove Road, Sonning Common, Reading, Oxfordshire RG4 9RL4
£690K06/210.23 mi1, Rowan Close, Sonning Common, Reading, Oxfordshire RG4 9LD4
£530K05/210.28 mi24, Birch Close, Sonning Common, Reading, Oxfordshire RG4 9LE4
£620K05/230.28 mi29, Crowsley Way, Sonning Common, Reading, Oxfordshire RG4 9LY4
£595.3K09/210.28 miThe Elms, Blounts Court Road, Sonning Common, Reading, Oxfordshire RG4 9RS4
£875K11/200.28 miGranary House, Blounts Court Road, Sonning Common, Reading, Oxfordshire RG4 9RS4
£820K07/230.31 mi1, Walnut Close, Sonning Common, Reading, Oxfordshire RG4 9DH4
£1.0M10/210.37 mi22, Reades Lane, Sonning Common, Reading, Oxfordshire RG4 9LP4
£1.1M05/230.41 mi16, Kidmore Lane, Sonning Common, Reading, Oxfordshire RG4 9SH4
£532.5K06/210.46 mi56, Shiplake Bottom, Peppard Common, Henley-on-thames, Oxfordshire RG9 5HN4
£825K01/230.47 mi34, Shiplake Bottom, Peppard Common, Henley-on-thames, Oxfordshire RG9 5HN4
£940K11/200.6 mi17, Stoke Row Road, Peppard Common, Henley-on-thames, Oxfordshire RG9 5EJ4
£1.2M04/230.6 mi27, Stoke Row Road, Peppard Common, Henley-on-thames, Oxfordshire RG9 5EJ4
£810K04/230.63 mi83, Shiplake Bottom, Peppard Common, Henley-on-thames, Oxfordshire RG9 5HJ4
£685K10/200.63 mi97, Shiplake Bottom, Peppard Common, Henley-on-thames, Oxfordshire RG9 5HJ4
£1.2M11/200.85 miSouthlands, Chalkhouse Green Road, Kidmore End, Reading, Oxfordshire RG4 9AS4
£850K12/200.88 miOlive Dene, Chalkhouse Green Road, Kidmore End, Reading, Oxfordshire RG4 9AU4
£1.0M07/230.98 miPost Cottage, Wood Lane, Kidmore End, Reading, Oxfordshire RG4 9BB4

Local Rents

15 rents from £1.4K/mo to £4.4K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,75010/230.16 miHeatherfield Place, Sonning Common, Reading, Berkshire, RG44
£1,60012/240.17 miSonning Common, South Oxfordshire, RG43
£1,60012/240.23 miChurchill Crescent, Sonning Common, Reading, Berkshire, RG43
£1,70007/240.24 miSedgewell Road, Sonning Common, RG93
£1,89507/240.29 miWoodlands Road, Sonning Common, Reading, RG43
£1,89507/240.29 mi-3
£1,85012/240.34 miIlex Close, Sonning Common3
£2,00007/240.45 miBay Tree Rise, Sonning Common, Reading3
£2,25012/240.81 miBird In Hand Lane, Sonning Common, RG44
£1,40003/250.83 mi-3
£4,40012/240.85 mi-4
£4,40003/250.85 mi-4
£3,49512/241.01 miGardeners Copse, Sonning Common, Reading, RG44
£3,25007/241.18 miHorsepond Road, Gallowstree Common, Oxfordshire, RG44
£1,80012/241.24 miBishopsland Cottages, Bishopsland, Dunsden, Reading, RG43

Local Area Statistics

Population in RG4

39,160

Population in Reading

321,187

Town centre distance

4.46 miles away

Nearest school

0.10 miles away

Nearest train station

3.60 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Price changed to £925,000

April 1, 2025

Listed for £965,000

March 11, 2025

Floor Plans

Description

  • 23ft Sitting room +
  • Dining room +
  • Bedroom 1 with ensuite shower room +
  • Ample off road parking +
  • Recently installed gas fired boiler +
  • Refitted family bathroom +
  • Planning permission granted: Application No : P23/S0971/HH +
  • Demolish existing garage & erection of rear single storey extension & side two-storey extension. +
  • Highly sought after road +
  • Walking distance to village amenities and countryside +

Four bedroom detached family home, well positioned in a 0.25 acre, sunny aspect plot, situated in a highly sought after road, with planning permission granted for further enlargement. EPC: D

Accommodation includes; entrance hall, cloakroom, 23ft sitting room with wood burner, dining room, fitted kitchen, utility room, bedroom 1 with ensuite shower room, three further bedrooms and refitted family bathroom.

Noteworthy features include; PVCu double glazing, recently installed gas fired boiler, built in cupboards, large garage with eaves storage space, ample off road parking & 120ft westerly facing rear garden. 
There is planning permission granted: Application No : P23/S0971/HH
Application proposal, including any amendments : Demolish existing garage and erection of rear single storey extension and side two-storey extension.

To The Front Of The Property gravel drive leading to garage, providing ample off road parking, enclosed with close board fencing & mature hedging, outside light, side access to:

To The Rear Of The Property is a sunny aspect garden approx 120ft in length, paved terrace, outside light, outside tap, outside power point, garden laid mainly to lawn, enclosed with timber fencing & mature hedging, raised vegetable beds, timber shed, greenhouse. 

Total Floor Area: Approx. 1584 sqft. (147m2)
Council Tax Band: tbc (£)
Services: Mains gas, electricity, water supply & drainage. 

Grove Road is one of the oldest and most sought after roads in the village and is within easy walking of the centre. Sonning Common is a thriving village community, situated in the beautiful South Oxfordshire countryside on the edge of the Chiltern hills. It is well served with amenities including; Health Centre, Dental Surgery, Veterinary Surgery and a range of shops providing day to day needs. The village offers good schooling at both Primary and Secondary levels. There is easy access to both Reading and Henley-on-Thames town centres, London Paddington is less than 30 minutes from Reading Railway Station and there are good links to the M4 and M40 motorways. Crossrail, two Elizabeth Line trains an hour, will allow passengers to travel right through central London from Reading station without having to change trains.

Entrance Hall - Radiator, staircase to first floor landing, doors to:

Cloakroom - Double glazed window to side, fitted with two piece suite comprising wash hand basin and WC with hidden cistern, radiator.

Fitted Kitchen - 3.49m x 2.77m - Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink unit, integrated dishwasher, built-in electric oven, built-in ceramic hob with extractor hood, double glazed window to rear, radiator, wall mounted gas radiator heating boiler serving heating system and domestic hot water, door to:

Utility Room - 2.77m x 1.59m - Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink, plumbing for washing machine, double glazed door to rear.

Dining Room - 3.96m x 3.28m - Double glazed window to front, radiator.

Sitting Room - 7.21m x 3.75m max - Double glazed window to front, open fireplace with slate hearth, wood burner, TV point, wall lights, double glazed sliding door to rear.

First Floor Landing - Double glazed window to front, radiator, access to loft, built in airing cupboard housing hot water tank, doors to:

Bedroom 1 - 4.21m max x 3.24m max - Double glazed window to rear, radiator, range of fitted wardrobes, door to:

En-Suite Shower Room - Fitted with three piece suite comprising tiled shower enclosure, wash hand basin with cupboards under and low-level WC, tiled walls, extractor fan, shaver light, double glazed window to rear, radiator.

Bedroom 2 - 3.74m x 2.92m - Double glazed window to front, radiator.

Bedroom 3 - 3.70m max x 3.49m - Double glazed window to front, radiator.

Bedroom 4 - 3.00m max x 2.96m - Double glazed window to rear, radiator.

Family Bathroom - Fitted with three piece suite comprising deep panelled bath with independent shower over, wash hand basin with cupboards under and WC with hidden cistern, tiled walls, heated towel rail, extractor fan, double glazed window to rear.

Garage - 5.15m x 4.46m - Up and over door, personal door, light & power, eaves storage space.

Agent Details

Beville Estate Agency, Sonning Common

0118 230 0599

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪