3 Bed Detached House, Single Let, Reading, RG4 6PA, £500,000

Lowfield Road, Caversham, Reading, Berkshire, RG4 6PA - 22 days ago

BTL
~93 m²
+6 photos

ValuationOvervalued

Sold Prices£280K - £835K
Sold Prices/m²£3.2K/m² - £6K/m²

 

 

Square Metres

~93 m²
Price/m²£5.4K/m²

Value Estimate

£402,303

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£38,700

Total Cash In

£163,700

 

 

Cash Out

 

Rent Range

£1,650 - £1,850

Rent Estimate

£1,669

Running Costs/mo

£1,916

Cashflow/mo

£-247

Cashflow/yr

£-2,968

Gross Yield

4%

Local Sold Prices

50 sold prices from £280K to £835K, average is £385K. £3.2K/m² to £6K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£350K04/230 mi14, Lowfield Road, Caversham, Reading RG4 6PA3
£330K12/200.04 mi7, Highbridge Close, Caversham, Reading RG4 6PH3
£450K04/210.04 mi5, Highbridge Close, Caversham, Reading RG4 6PH3
£500K12/220.04 mi6, Highbridge Close, Caversham, Reading RG4 6PH3
£280K05/210.04 mi21, Lowfield Road, Caversham, Reading RG4 6NL3
£330K04/210.04 mi23, Lowfield Road, Caversham, Reading RG4 6NL3
£285K07/210.04 mi25, Lowfield Road, Caversham, Reading RG4 6NL3
£302.5K02/210.04 mi17, Lowfield Road, Caversham, Reading RG4 6NL3
£511K03/210.08 mi48, Orchard Grove, Caversham, Reading RG4 6NF3
£318K03/210.17 mi12, Newton Avenue, Caversham, Reading RG4 6PX3
£330K12/200.24 mi7, Dumbarton Way, Caversham, Reading RG4 6QT3
£369.9K06/210.24 mi8, Redberry Close, Caversham, Reading RG4 6QF3
£420K08/210.24 mi53, Galsworthy Drive, Caversham, Reading RG4 6QB3
£340K09/210.27 mi8, Framlingham Drive, Caversham, Reading, Oxfordshire RG4 6RE3
£385K06/210.28 mi4, Farleigh Mews, Caversham, Reading RG4 6RG3
£455K02/230.3 mi13, Tenby Avenue, Caversham, Reading RG4 6QG3
£445K04/230.33 mi138, Galsworthy Drive, Caversham, Reading RG4 6QJ3
£405K01/230.33 mi25, Kingsway, Caversham, Reading RG4 6RA3
£420K12/220.34 mi21, Kingsway, Caversham, Reading RG4 6RA3
£345K02/210.37 mi3, Illingworth Avenue, Caversham, Reading RG4 6RB3
£350K01/210.38 mi13, Ilchester Mews, Caversham, Reading, Oxfordshire RG4 6RL3
£377.5K12/200.38 mi6, Ilchester Mews, Caversham, Reading RG4 6RL3
£344K04/210.38 mi3, Ilchester Mews, Caversham, Reading, Oxfordshire RG4 6RL3
£835K01/230.39 mi248, Henley Road, Caversham, Reading RG4 6LR3
£430K06/230.4 mi2, Melford Green, Caversham, Reading RG4 6XR3
£355K01/210.4 mi17, Whitby Green, Caversham, Reading RG4 6SL3
£340K02/230.41 mi6, Kelso Mews, Caversham, Reading RG4 6RJ3
£355K01/210.41 mi17, Whitby Green, Caversham, Reading RG4 6SL3
£485K02/230.43 mi7, Thetford Mews, Caversham, Reading RG4 6SN3
£390K01/230.43 mi63, Kingsway, Caversham, Reading RG4 6RH3
£355K05/210.43 mi69, Kingsway, Caversham, Reading, Oxfordshire RG4 6RH3
£375K11/210.43 mi51, Kingsway, Caversham, Reading, Oxfordshire RG4 6RH3
£342.5K12/200.44 mi18, Netley Close, Caversham, Reading, Oxfordshire RG4 6SR3
£492K01/230.45 mi127, Mayfield Drive, Caversham, Reading RG4 5JR3
£435K06/210.45 mi109, Mayfield Drive, Caversham, Reading RG4 5JR3
£400K11/200.45 mi105, Mayfield Drive, Caversham, Reading RG4 5JR3
£493K06/230.45 mi125, Mayfield Drive, Caversham, Reading RG4 5JR3
£385K06/210.47 mi8, Pendennis Avenue, Caversham, Reading, Oxfordshire RG4 6SS3
£500K01/230.47 mi84, Mayfield Drive, Caversham, Reading RG4 5JT3
£580K03/230.48 mi104, Mayfield Drive, Caversham, Reading RG4 5JT3
£450K11/200.48 mi106, Mayfield Drive, Caversham, Reading RG4 5JT3
£505K01/230.48 mi116, Mayfield Drive, Caversham, Reading RG4 5JT3
£385K03/210.48 mi11, Norman Road, Caversham, Reading RG4 5JN3
£304K09/210.49 mi11, Northbrook Road, Caversham, Reading RG4 6PW3
£375K02/210.49 mi1, Ragley Mews, Caversham, Reading RG4 6SG3
£475K02/230.51 mi80, Chiltern Road, Caversham, Reading RG4 5JB3
£480K10/210.51 mi12, Valentine Crescent, Caversham, Reading RG4 5JJ3
£400K06/210.54 mi47, Mayfield Drive, Caversham, Reading RG4 5JP3
£432.5K11/210.54 mi45, Mayfield Drive, Caversham, Reading RG4 5JP3
£342K04/230.54 mi144, Lowfield Road, Caversham, Reading RG4 6PQ3

Local Rents

13 rents from £1.6K/mo to £1.9K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65007/240.17 miNewton Avenue, Caversham Park, Reading, Berkshire, RG43
£1,75012/240.26 miQuantock Avenue, Caversham, Reading, Berkshire, RG43
£1,79512/240.33 miKingsway, Caversham3
£1,70002/240.33 mi-3
£1,85004/250.35 mi-3
£1,80012/240.44 miNetley Close, Caversham3
£1,75007/240.45 miMayfield Drive, Caversham, Reading3
£1,75007/240.5 miValentine Crescent, Caversham, Reading, RG43
£1,75007/240.5 mi-3
£1,75004/250.5 mi-3
£1,75007/240.56 miOnslow Gardens, Caversham, Reading3
£1,85012/240.59 miCarisbrooke Close, Caversham Park, Reading3
£1,65001/250.59 mi-3

Local Area Statistics

Population in RG4

39,160

Population in Reading

321,187

Town centre distance

2.04 miles away

Nearest school

0.30 miles away

Nearest train station

1.65 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £500,000

March 26, 2025

Floor Plans

Description

  • Three Double Bedrooms +
  • Gated Driveway +
  • Recently Redecorated +
  • Four Piece Family Bathroom +
  • Open Planned Lounge/Diner +
  • Garage +

A three double bedroom link detached family home situated on the ever popular Caversham Park Village. The spacious accommodation comprises; entrance hall, wc, charming galley kitchen and a large open planned lounge/diner. To the first floor there is three double bedrooms and a stylish four piece family bathroom. Externally there is a gated entrance, ample driveway parking, garage and private front and rear gardens. Located within popular school catchments, a short walk from an abundance of green space and on local bus routes servicing Reading town centre this would make the perfect family home. Viewing is highly recommended.

Council Tax Band D

Agent Details

Parkers, Caversham

0118 230 0603

Next Steps?

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