4 Bed Detached House, Planning Permission, Reading, RG6 5QG, £750,000

Chelwood Road, Earley, RG6 5QG - a month ago

Planning
~129 m²
+28 photos

ValuationOvervalued

Sold Prices£330K - £925K
Sold Prices/m²£2.3K/m² - £8.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5.8K/m²

Value Estimate

£664,282

 

 

End Value (After Refurb)

£657,057

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£66,200

Refurb Costs

£60,728

Bridging Loan Interest

£19,688

Total Cash In

£335,865

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£657,057

Mortgage (After Refinance)

£492,793

Mortgage LTV

75%

Cash Left In

£335,865

Equity

£164,264

Rent Range

£1,300 - £2,750

Rent Estimate

£2,047

Running Costs/mo

£2,483

Cashflow/mo

£-436

Cashflow/yr

£-5,228

Gross Yield

3%

Local Sold Prices

50 sold prices from £330K to £925K, average is £574.5K. £2.3K/m² to £8.6K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£695K02/230.08 mi41, Squirrels Way, Earley, Reading, Wokingham RG6 5QT4
£473.8K10/210.11 mi25, Plumtrees, Earley, Reading, Wokingham RG6 5QQ4
£450K06/210.14 mi55, Marefield, Lower Earley, Reading, Wokingham RG6 3DZ4
£492.5K02/210.15 mi25, Loxwood, Earley, Reading, Wokingham RG6 5QZ4
£730K10/200.15 mi36, Loxwood, Earley, Reading, Wokingham RG6 5QZ4
£700K05/230.15 mi24, Lakeside, Earley, Reading, Wokingham RG6 7PQ4
£542.8K06/210.17 mi43, Lakeside, Earley, Reading, Wokingham RG6 7PG4
£652K12/220.2 mi4, Lakeside, Earley, Reading, Wokingham RG6 7PQ4
£700K04/230.23 mi166, Silverdale Road, Earley, Reading, Wokingham RG6 7LY4
£530K03/210.25 mi11, Launcestone Close, Earley, Reading, Wokingham RG6 5RY4
£771K02/230.25 mi5, Thanington Way, Earley, Reading, Wokingham RG6 5QF4
£595K08/230.25 mi16, Thanington Way, Earley, Reading, Wokingham RG6 5QF4
£460K05/210.25 mi14, Launcestone Close, Earley, Reading, Wokingham RG6 5RY4
£551K03/210.26 mi93, Beech Lane, Earley, Reading, Wokingham RG6 5QD4
£905K12/200.26 mi107, Beech Lane, Earley, Reading, Wokingham RG6 5QD4
£525K06/210.27 mi25, Moor Copse Close, Earley, Reading, Wokingham RG6 7NA4
£580K06/210.27 mi130, Silverdale Road, Earley, Reading, Wokingham RG6 7LX4
£557K06/210.28 mi8, Measham Way, Lower Earley, Reading, Wokingham RG6 4ES4
£525K04/210.28 mi51, Measham Way, Lower Earley, Reading, Wokingham RG6 4ES4
£635K03/230.28 mi6, Measham Way, Lower Earley, Reading, Wokingham RG6 4ES4
£550K11/200.29 mi101, Silverdale Road, Earley, Reading, Wokingham RG6 7NF4
£529.4K01/210.29 mi33, Crawford Close, Earley, Reading, Wokingham RG6 7PE4
£520K11/200.29 mi25, Crawford Close, Earley, Reading, Wokingham RG6 7PE4
£700K06/230.29 mi29, Radstock Lane, Earley, Reading, Wokingham RG6 5RX4
£575K07/230.3 mi32, Stockbury Close, Earley, Reading, Wokingham RG6 5YL4
£440K04/210.3 mi22, Harrington Close, Lower Earley, Reading, Wokingham RG6 3BU4
£570K06/210.3 mi19, Swepstone Close, Lower Earley, Reading, Wokingham RG6 3EZ4
£610K02/230.32 mi10, Warbler Drive, Lower Earley, Reading, Wokingham RG6 4HD4
£670K11/210.34 mi13, Raggleswood Close, Earley, Reading, Wokingham RG6 7LH4
£925K03/230.34 mi4, Raggleswood Close, Earley, Reading, Wokingham RG6 7LH4
£545K05/210.34 mi6, Dene Close, Earley, Reading, Wokingham RG6 5QB4
£725K07/230.35 mi199, Fleetham Gardens, Lower Earley, Reading, Wokingham RG6 4HL4
£565.8K02/210.35 mi25, Clevedon Drive, Earley, Reading, Wokingham RG6 5XF4
£444.9K02/210.37 mi61, Egremont Drive, Lower Earley, Reading, Wokingham RG6 3BS4
£513K06/210.38 mi9, Radnor Road, Earley, Reading, Wokingham RG6 7NP4
£640K11/210.38 mi2, Jay Close, Lower Earley, Reading, Wokingham RG6 4HE4
£680K09/230.38 mi40, Jay Close, Lower Earley, Reading, Wokingham RG6 4HE4
£330K03/230.38 mi18, Clevedon Drive, Earley, Reading, Wokingham RG6 5XE4
£558K01/230.39 mi76, Egremont Drive, Lower Earley, Reading, Wokingham RG6 3BS4
£602.5K08/230.39 mi203, Silverdale Road, Earley, Reading, Wokingham RG6 7NY4
£574K11/210.41 mi20, Regent Close, Lower Earley, Reading, Wokingham RG6 4EZ4
£434K06/210.41 mi12, Regent Close, Lower Earley, Reading, Wokingham RG6 4EZ4
£663K09/210.42 mi58, Beech Lane, Earley, Reading, Wokingham RG6 5QA4
£495K01/210.43 mi12, Allonby Close, Lower Earley, Reading, Wokingham RG6 3BY4
£625K06/230.43 mi9, Allonby Close, Lower Earley, Reading, Wokingham RG6 3BY4
£578K03/230.44 mi27, Allonby Close, Lower Earley, Reading, Wokingham RG6 3BY4
£750K03/230.45 mi38, Moorhen Drive, Lower Earley, Reading, Wokingham RG6 4NZ4
£570K12/200.45 mi49, The Crescent, Earley, Reading, Wokingham RG6 7NW4
£695K12/200.47 mi41, Kerris Way, Earley, Reading, Wokingham RG6 5UW4
£840K08/230.48 mi64, Durand Road, Earley, Reading, Wokingham RG6 5YS4

Local Rents

50 rents from £1.3K/mo to £2.8K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,35009/240.01 mi-5
£2,10007/240.02 miInstow Road, Earley, Reading, RG63
£2,50008/240.05 miEarley, Reading, RG64
£2,20007/240.07 mi-4
£2,35007/240.16 miBeech Lane, Earley4
£2,25002/250.16 mi-4
£2,75008/240.2 miByreton Close, Reading, RG6 5SA4
£1,90004/250.23 mi-3
£2,30007/240.24 miSilverdale Road, Earley4
£1,69508/240.24 miKingsdown Close3
£2,50003/250.25 mi-4
£2,30002/250.25 mi-4
£1,80012/240.25 mi-3
£1,80001/250.25 mi-3
£1,80009/240.26 mi-3
£1,75002/250.27 mi-3
£2,50004/250.29 mi-4
£2,35008/240.29 miSilverdale Road, Earley, Reading, RG64
£2,35007/240.29 mi-4
£2,35009/240.29 mi-4
£2,00010/230.29 miAvalon Road, Earley, RG6 7NS3
£1,75006/240.29 mi-3
£1,80008/240.29 miRadstock Lane, Earley3
£2,75007/240.3 miSwepstone Close, Lower Earley, RG6 3EY4
£1,30002/250.3 mi-3
£1,61001/250.3 mi-3
£2,10012/230.31 mi-3
£2,10002/250.32 mi-4
£1,85002/240.32 mi-3
£1,70011/240.32 mi-3
£1,80008/240.32 miMaiden Place, Reading, RG63
£2,20007/240.32 miWarbler Drive,Lower Earley4
£2,10003/250.33 mi-3
£2,15007/240.33 miSevenoaks Road, Earley, Reading, Berkshire, RG63
£2,20008/240.33 mi-4
£2,20007/240.33 miWarbler Drive, Lower Earley, Reading, RG64
£2,30002/240.35 mi-3
£2,25001/250.35 mi-3
£1,85002/250.36 mi-3
£1,75007/240.36 miWestminster Way, Reading, RG63
£1,70008/240.36 miWestminster Way, Reading, RG63
£2,10004/250.36 mi-3
£2,20007/240.36 miSilverdale Road, Earley, Reading4
£1,95007/240.36 miFleetham Gardens, Lower Earley, Reading, RG63
£1,95007/240.36 mi-3
£1,60007/240.37 mi-3
£1,85007/240.37 miSt Clements Close, Lower Earley, Reading, RG63
£2,00008/240.38 mi-3
£1,95010/240.39 mi-3
£1,95009/240.39 miSilverdale Road, Reading, RG63

Local Area Statistics

Population in RG6

35,930

Population in Reading

321,187

Town centre distance

2.61 miles away

Nearest school

0.30 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £750,000

April 1, 2025

Floor Plans

Description

  • Beautifully Refurbished & Extended – Thoughtfully modernised and extended by the current owners to create a stylish, light-filled family home. +
  • Stunning Kitchen/Dining/Family Room – A true heart of the home, featuring a large central island, bi-folding doors to the garden, and ample space to cook, dine and unwind together. +
  • Separate Living Room – A generous, dual-aspect living room with a bay window and feature fireplace, ideal for cosy evenings or entertaining. +
  • Versatile Fourth Bedroom/Study – Located on the ground floor with its own WC nearby, this flexible space is perfect for home working, guests, or multigenerational living. +
  • Three Well-Proportioned Upstairs Bedrooms – Including a stylish principal suite with built-in storage and contemporary en-suite shower room. +
  • Modern Family Bathroom – Smartly finished with neutral tones and high-quality fittings, serving Bedrooms 2 and 3. +
  • Generous Garden with Pergola & Greenhouse – A fantastic outdoor space with lawn, patio, and seating under a pergola — perfect for family life, entertaining or gardening enthusiasts. +
  • Timber-Built Outbuilding – Fully insulated with power, lighting and double-glazed doors — ideal for storage, a garden office or studio conversion (STPP). +
  • Further Potential to Extend (STPP) – While already extended, the property still offers scope for future growth, subject to planning permission. +

Nestled in the highly sought-after area just 0.4 miles from Maiden Erlegh School, this beautifully refurbished and extended 3/4-bedroom detached house offers the perfect setting for family life. Adjacent to Laurel Park, the Nature Reserve, and Maiden Erlegh Lake, outdoor adventures await right on your doorstep. The heart of the home is the stunning 26'6 Kitchen/Dining/Family Room, complete with a central island, bi-folding doors to the garden, and ample space for cooking, dining, and relaxing together. A separate Living Room with a bay window and feature fireplace provides a cosy retreat, while a versatile Fourth Bedroom/Study on the ground floor offers flexibility for home working or guests. Upstairs, three well-proportioned bedrooms, including a stylish principal suite with en-suite, ensure comfort and convenience. The modern family bathroom serves the remaining bedrooms, completing the upper level.

Step outside into the generous garden, where a pergola and greenhouse complement the lawn, patio, and seating areas, providing the ideal space for family life, entertaining, or gardening pursuits. A timber-built outbuilding with power and lighting offers versatility for storage, a home office, or studio conversion, subject to planning permission. The corner plot southerly aspect garden benefits from double width drive, ample off-road parking, and a gate allowing easy pedestrian access to the rear garden. This fantastic family-friendly outdoor space features a level lawn for play and relaxation, a gravel terrace with pergola for stylish dining and entertaining, raised beds, and a greenhouse — all fully enclosed for privacy and peace of mind. With further potential to extend (STPP) and enhance parking facilities, this property offers a rare opportunity to cultivate the perfect family home in a prime location.
EPC Rating: E

Agent Details

Bespoke Estate Agents, Reading

0118 230 0610

Next Steps?

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