3 Bed Semi-Detached House, Single Let, Reading, RG2 8JB, £570,000

Shinfield / University borders, Berkshire, RG2 8JB - 2 views - 2 months ago

BTL
~93 m²
+16 photos

ValuationOvervalued

Sold Prices£290K - £685K
Sold Prices/m²£2.9K/m² - £7.6K/m²

 

 

Square Metres

~93 m²
Price/m²£6.1K/m²

Value Estimate

£405,559

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£142,500

Stamp Duty & Legal Fees

£45,700

Total Cash In

£188,200

 

 

Cash Out

 

Rent Range

£1,500 - £2,450

Rent Estimate

£1,550

Running Costs/mo

£2,111

Cashflow/mo

£-561

Cashflow/yr

£-6,735

Gross Yield

3%

Local Sold Prices

50 sold prices from £290K to £685K, average is £363.8K. £2.9K/m² to £7.6K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£415K03/210.03 mi18, Whitley Wood Road, Reading RG2 8JA3
£320K02/210.1 mi17, Rushden Drive, Reading RG2 8LJ3
£365K01/230.15 mi42, Westlands Avenue, Reading, Wokingham RG2 8EN3
£350K12/200.16 mi7, Westlands Avenue, Reading, Wokingham RG2 8EB3
£310K12/200.16 mi127, Linden Road, Reading RG2 7EJ3
£407K06/230.16 mi53, Linden Road, Reading RG2 7EJ3
£290K11/200.17 mi35, Westlands Avenue, Reading, Wokingham RG2 8EN3
£355K07/230.17 mi56, Westlands Avenue, Reading, Wokingham RG2 8EW3
£340K01/230.18 mi128, Linden Road, Reading RG2 7EH3
£305K02/230.19 mi4, Linden Road, Reading RG2 7EQ3
£380K08/210.19 mi79, Winton Road, Reading RG2 8HL3
£310K05/230.2 mi29, Linden Road, Reading RG2 7EG3
£377.5K02/210.21 mi10, St Barnabas Road, Reading RG2 8ED3
£330K03/210.21 mi4a, St Barnabas Road, Reading, Wokingham RG2 8ED3
£355K05/210.22 mi1, Wavell Close, Reading, Wokingham RG2 8EJ3
£361K11/200.22 mi9, St Barnabas Road, Reading, Wokingham RG2 8EE3
£425K01/230.22 mi228, Shinfield Road, Reading RG2 7DU3
£321K06/210.23 mi9, Devitt Close, Reading, Wokingham RG2 8EF3
£359K11/210.23 mi5, Devitt Close, Reading, Wokingham RG2 8EF3
£390K03/210.25 mi3, Falcon Avenue, Reading, Wokingham RG2 8EL3
£500K12/220.25 mi32, Elm Road, Reading, Wokingham RG6 5TS3
£340K07/230.26 mi43, Brybur Close, Reading RG2 8HN3
£362K06/230.26 mi26, Brybur Close, Reading RG2 8HN3
£305K01/210.28 mi83, Whitley Wood Road, Reading RG2 8HY3
£295K01/230.29 mi93, Whitley Wood Road, Reading RG2 8HY3
£332.3K03/210.3 mi231, Hartland Road, Reading RG2 8DN3
£685K04/210.3 miTimbrils, Oakside Way, Shinfield, Reading, Wokingham RG2 9BJ3
£395K08/210.35 mi5, Winton Road, Reading RG2 8HH3
£365K02/230.36 mi11, Sycamore Road, Reading RG2 7LX3
£392K12/220.36 mi2, Holberton Road, Reading RG2 8NL3
£510K07/230.36 mi36, Devonshire Park, Reading RG2 7DX3
£360K03/230.36 mi15, Foxhays Road, Reading RG2 8ND3
£504.5K01/230.38 mi21, Hilmanton, Lower Earley, Reading, Wokingham RG6 4HN3
£435K05/210.39 mi78, Hilmanton, Lower Earley, Reading, Wokingham RG6 4HN3
£430K09/210.42 mi19, Nutmeg Close, Earley, Reading, Wokingham RG6 5GX3
£370K03/210.44 mi152, Hartland Road, Reading RG2 8DP3
£370K01/210.45 mi26, Beighton Close, Lower Earley, Reading, Wokingham RG6 4HZ3
£330K09/210.45 mi87, Foxhays Road, Reading RG2 8NA3
£325K06/210.47 mi5, Exwick Square, Reading RG2 8NB3
£385K05/230.47 mi8, Exwick Square, Reading RG2 8NB3
£485K03/210.48 mi6, Cressingham Road, Reading RG2 7JE3
£497.5K04/210.49 mi18, Harcourt Drive, Earley, Reading, Wokingham RG6 5TJ3
£505K06/210.49 mi42, Cressingham Road, Reading RG2 7JR3
£348K08/210.5 mi83, Birdhill Avenue, Reading RG2 7JU3
£362.5K01/210.5 mi30, Beauchief Close, Lower Earley, Reading, Wokingham RG6 4HY3
£453K04/210.51 mi21, Caraway Road, Earley, Reading, Wokingham RG6 5XR3
£390K12/220.52 mi76, Birdhill Avenue, Reading RG2 7JU3
£357K04/210.53 mi33, Blagdon Road, Reading RG2 7NT3
£412K04/210.53 mi28, Falstaff Avenue, Earley, Reading, Wokingham RG6 5TQ3
£318K05/230.54 mi138, Windermere Road, Reading RG2 7HS3

Local Rents

29 rents from £1.5K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80007/240.08 miShinfield Road, Reading3
£1,85007/240.15 miHollydale Close, Reading, RG23
£1,75010/240.23 mi-3
£1,80007/240.25 miWoolacombe Drive, Reading3
£2,00007/240.25 miWoolacombe Drive, Earley3
£2,45009/240.27 mi-3
£1,75007/240.33 miCinnamon Close, Earley, Reading, RG63
£1,75007/240.33 mi-3
£1,80007/240.38 miHilmanton, Lower Earley, Reading, RG63
£1,90008/240.39 miHilmanton, Lower Earley3
£1,70007/240.41 miMaple Gardens, Reading, Berkshire, RG23
£1,60002/250.44 mi-3
£1,70007/240.46 miExwick Square, Reading, Berkshire, RG23
£1,75007/240.47 miWood Green, Reading3
£1,79507/240.48 miHarcourt Drive, Earley, Reading, Berkshire, RG63
£1,65007/240.48 miCressingham Road, Reading, Berkshire, RG23
£1,80004/250.53 mi-3
£1,60007/240.55 miAphelion Way, Shinfield, Berkshire, RG23
£1,50007/240.55 miFoxhays Road, Reading3
£1,77512/240.57 mi-3
£1,60007/240.58 miBeaconsfield Way, Earley3
£1,60007/240.59 miDurham Close, Reading, Berkshire, RG23
£1,70002/240.59 mi-3
£1,80010/240.6 mi-3
£1,80007/240.6 miDurand Road, Earley, Reading, RG63
£1,80007/240.6 miDurand Road, Earley, Reading, RG63
£1,85007/240.6 miCirrus Drive, Shinfield, Reading, RG2 9FL3
£1,85012/240.62 mi-3
£1,50004/250.62 mi-3

Local Area Statistics

Population in RG2

36,866

Population in Reading

321,187

Town centre distance

2.08 miles away

Nearest school

0.20 miles away

Nearest train station

1.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

-3%

Property History

Listed for £570,000

March 11, 2025

Floor Plans

Description

  • Shinfield / University borders +
  • Classic bay fronted semi detached +
  • Extended and improved family home +
  • Open plan kitchen / sitting / dining room +
  • Formal bay fronted reception room +
  • Ground and first floor bathrooms +
  • Three first floor bedrooms +
  • Garage and parking +
  • Front and rear gardens +

Property Description

Set in this popular location convenient for local amenities, schools and University is this extended and improved, bay fronted semi detached. Sitting room, open plan kitchen / dining / sitting room with doors to garden, ground and first floor refitted bathrooms, garage, gardens and parking. No chain

Agent Details

Chancellors, Reading

0118 230 1565

Next Steps?

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