3 Bed Detached House, Refurb/BRRR, Reading, RG4 9LB, £515,000

Westleigh Drive, Sonning Common, South Oxfordshire, RG4 9LB - 1 views - a month ago

Refurb/BRRR
~93 m²
+2 photos

ValuationOvervalued

Sold Prices£287.5K - £789.3K
Sold Prices/m²£3.7K/m² - £9.8K/m²

 

 

Square Metres

~93 m²
Price/m²£5.5K/m²

Value Estimate

£473,719

 

 

End Value (After Refurb)

£515,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£128,750

Stamp Duty & Legal Fees

£40,200

Refurb Costs

£43,183

Bridging Loan Interest

£13,519

Total Cash In

£227,402

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£515,000

Mortgage (After Refinance)

£386,250

Mortgage LTV

75%

Cash Left In

£227,402

Equity

£128,750

Rent Range

£895 - £4,400

Rent Estimate

£2,090

Running Costs/mo

£2,047

Cashflow/mo

£43

Cashflow/yr

£512

ROI

0%

Gross Yield

5%

Local Sold Prices

29 sold prices from £287.5K to £789.3K, average is £465K. £3.7K/m² to £9.8K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£550K06/210.02 mi1, Westleigh Drive, Sonning Common, Reading, Oxfordshire RG4 9LA3
£465K03/210.05 mi21, Birch Close, Sonning Common, Reading, Oxfordshire RG4 9LE3
£341K07/230.12 mi13, Lea Road, Sonning Common, Reading, Oxfordshire RG4 9LH3
£358K11/200.13 mi15, Maple Close, Sonning Common, Reading, Oxfordshire RG4 9NG3
£395K06/210.13 mi32, Lea Road, Sonning Common, Reading, Oxfordshire RG4 9LJ3
£330K02/230.14 mi18, Rowan Close, Sonning Common, Reading, Oxfordshire RG4 9LD3
£301K05/210.14 mi10, Elm Court, Sonning Common, Reading, Oxfordshire RG4 9ND3
£580K03/210.27 mi2, Bird Wood Court, Sonning Common, Reading, Oxfordshire RG4 9RF3
£550K02/230.39 mi32, Crowsley Way, Sonning Common, Reading, Oxfordshire RG4 9LY3
£640K11/200.39 mi12, Green Lane, Sonning Common, Reading, Oxfordshire RG4 9NA3
£287.5K01/210.4 mi14, Brinds Close, Sonning Common, Reading, Oxfordshire RG4 9SR3
£295K06/210.4 mi2, Brinds Close, Sonning Common, Reading, Oxfordshire RG4 9SR3
£435K06/230.44 mi26, Ashford Avenue, Sonning Common, Reading, Oxfordshire RG4 9LR3
£472K04/210.51 mi15, Bramley Crescent, Sonning Common, Reading, Oxfordshire RG4 9LU3
£385K10/200.53 mi53, Peppard Road, Sonning Common, Reading, Oxfordshire RG4 9SS3
£450K11/200.54 mi50, Churchill Crescent, Sonning Common, Reading, Oxfordshire RG4 9RX3
£485K05/210.54 mi48, Churchill Crescent, Sonning Common, Reading, Oxfordshire RG4 9RX3
£565K01/210.54 mi6, Churchill Crescent, Sonning Common, Reading, Oxfordshire RG4 9RX3
£428.1K06/210.55 mi69, Orchard Avenue, Sonning Common, Reading, Oxfordshire RG4 9LT3
£478.5K05/230.55 mi40, Orchard Avenue, Sonning Common, Reading, Oxfordshire RG4 9LT3
£350K05/210.55 mi57, Churchill Crescent, Sonning Common, Reading, Oxfordshire RG4 9RU3
£365K11/200.57 mi31, Park Close, Sonning Common, Reading, Oxfordshire RG4 9RY3
£789.3K06/230.58 mi32, Woodlands Road, Sonning Common, Reading, Oxfordshire RG4 9TE3
£577.5K06/230.64 mi28, Newfield Road, Sonning Common, Reading, Oxfordshire RG4 9TB3
£640K02/230.73 mi11, Old Copse Gardens, Sonning Common, Reading, Oxfordshire RG4 9TH3
£517K09/210.76 mi17, Shiplake Bottom, Peppard Common, Henley-on-thames, Oxfordshire RG9 5HH3
£470K02/240.76 mi19, Shiplake Bottom, Peppard Common, Henley-on-thames, Oxfordshire RG9 5HH3
£460K08/230.92 mi73, Shiplake Bottom, Peppard Common, Henley-on-thames, Oxfordshire RG9 5HJ3
£550K08/230.98 mi116, Shiplake Bottom, Peppard Common, Henley-on-thames, Oxfordshire RG9 5HR3

Local Rents

50 rents from £895/mo to £4.4K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,85012/240.04 miIlex Close, Sonning Common3
£1,80007/240.18 miBay Tree Rise, Sonning Common, Oxfordshire, RG42
£2,00007/240.18 miBay Tree Rise, Sonning Common, Reading3
£97507/240.28 miWood Lane, Sonning Common, RG42
£1,20007/240.37 miPages Orchard, Sonning Common, Oxfordshire, RG42
£2,75010/230.47 miHeatherfield Place, Sonning Common, Reading, Berkshire, RG44
£1,60012/240.47 miSonning Common, South Oxfordshire, RG43
£2,25012/240.53 miBird In Hand Lane, Sonning Common, RG44
£1,89507/240.54 miWoodlands Road, Sonning Common, Reading, RG43
£1,89507/240.54 mi-3
£1,20001/250.55 mi-2
£1,70007/240.55 miSedgewell Road, Sonning Common, RG93
£1,60012/240.56 miChurchill Crescent, Sonning Common, Reading, Berkshire, RG43
£1,40003/250.56 mi-3
£4,40012/240.57 mi-4
£4,40004/250.57 mi-4
£1,49512/240.72 miCraysleaze, Kidmore End, Reading2
£3,49512/240.72 miGardeners Copse, Sonning Common, Reading, RG44
£1,40007/240.91 miShiplake Bottom, Peppard, Henley-On-Thames, Oxfordshire, RG92
£1,80012/241 miBishopsland Cottages, Bishopsland, Dunsden, Reading, RG43
£3,25007/241.21 miHorsepond Road, Gallowstree Common, Oxfordshire, RG44
£2,30012/241.55 miPhillimore Road4
£1,85012/241.62 mi-3
£2,00012/241.71 mi-3
£1,75007/241.91 miColmore Lane, Kingwood, Henley-on-Thames, Oxfordshire, RG92
£2,50012/241.92 miYarnton Close, Emmer Green, Reading4
£2,49012/241.94 mi-5
£2,50012/241.96 miChalgrove Way, Emmer Green, Reading4
£2,50012/241.97 miYarnton Close, Emmer Green, Reading4
£3,25003/252.02 mi-5
£1,25007/242.02 mi-1
£1,25007/242.02 miGlenrhondda, Emmer Green, Reading, RG41
£1,65012/242.12 mi-3
£1,60002/242.12 mi-2
£1,30004/252.13 mi-2
£3,50007/242.14 miDetached Coach House3
£1,65007/242.15 miBellingham Walk3
£2,20002/242.15 mi-3
£1,50011/242.17 mi-2
£3,50007/242.17 miOat Close, Rotherfield Greys, Henley-On-Thames, Oxfordshire, RG94
£1,85012/242.17 miCarisbrooke Close, Caversham Park, Reading3
£1,99512/242.18 miConisboro Avenue, Caversham3
£2,50012/242.2 miHorse Leys, Rotherfield Greys, Henley On Thames, Oxfordshire, RG93
£1,30007/242.2 miLowfield Road2
£2,85012/242.2 miEmmer Green Court, Reading, Berkshire2
£2,25007/242.21 miLowfield Road, Caversham4
£1,30012/242.23 mi-1
£89512/242.24 miGeoffreyson Road, Caversham, Reading, Berkshire, RG41
£1,30012/242.26 miQueensway, Caversham, Reading2
£3,25007/242.28 miDunsden, Reading, Berkshire, RG43

Local Area Statistics

Population in RG4

39,160

Population in Reading

321,187

Town centre distance

4.14 miles away

Nearest school

0.20 miles away

Nearest train station

3.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £515,000

March 21, 2025

Floor Plans

Description

  • Three bedroom detached bungalow +
  • Beautiful 90ft South facing garden +
  • Garage and parking for several vehicles +
  • Popular residential road +
  • Close to the village centre +
  • Bright and very spacious accommodation. +
  • Requires modernisation +
  • NO CHAIN! +

Requiring modernisation is this bright and spacious three bedroom detached bungalow enjoying a beautiful south facing rear garden approaching 90ft in length. The accommodation includes a porch opening to a good size entrance hall leading to all rooms. The living/dining room is of generous proportion, dual aspect and with patio doors leading to the garden. The kitchen/breakfast room is also a good size with plenty of space for a table and chairs. The bedrooms are a good size with one and two being doubles and three being a good size single. The grounds are a particular feature with the frontage being 50 ft in length, predominantly laid to lawn and with a driveway to the side affording parking for several vehicles leading to the garage. The rear garden is a super feature of the property being established and enjoying a high degree of privacy. The village centre offering an excellent range of everyday amenities including highly regarded GP and veterinary surgeries is a short walk. An early viewing is highly recommended to fully appreciate the potential the property offers and there is NO CHAIN!

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Bridges Estate Agents, Sonning Common

0118 230 8640

Next Steps?

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