# 3 bedroom detached house for rent (RG5 4AF)

## Property Details

| Key | Value |
|-----|-------|
| Address | 4 MILLERS GROVE, READING, WOODLEY, WOKINGHAM RG5 4AF |
| Price | £2,000 pcm |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Last sold | £650,000 Nov 2024 |

## Description

Property Reference: 2443580.

This modern home is conveniently located within walking distance of the newly developed Woodley Town Centre, Bulmershe Leisure Centre, local schools and nurseries, frequent bus routes to Reading Town Centre, and offers easy access to a Morrisons supermarket.

Built in 2016, the property features a hallway, lounge, kitchen with dining area, three bedrooms, a cloakroom, two bathrooms, a private garden, and a Ring doorbell system for added security. It is also situated near highly-rated primary and secondary schools.

**Summary & Exclusions:**

- Rent Amount: £2,000.00 per month (£461.54 per week)

- Deposit / Bond: £2,000.00

- 3 Bedrooms

- 3 Bathrooms

- Property comes unfurnished

- Available to move in from 30 April 2025

- Minimum tenancy term is 12 months

- Maximum number of tenants is 4

- No Students

- No Pets, sorry

- No Smokers

- Family Friendly

- Bills not included

- Property has parking

- Property has garden access

- EPC Rating: B

** If calling, please quote reference: 2443580 ** 

**Fees:**

You will **not** be charged any admin fees.

** Contact today to book a viewing and have the landlord show you round! ** 

Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.

## Property Photos

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## Rental Range

*ONS Price Index of Private Rents (Wokingham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,333/mo
- **Realistic:** £1,481/mo
- **Optimistic:** £1,629/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Fitzroy Crescent, RG5 | £2,195/mo | 3 | 0.27 miles | OpenRent |
| 3 Bed Semi-Detached House, Hudson Road, RG5 | £1,875/mo | 3 | 0.4 miles | OpenRent |
| 3 Bed Semi-Detached House, Eynsham Close, RG5 | £2,100/mo | 3 | 0.63 miles | OpenRent |
| 3 Bed Semi-Detached House, Eynsham Close, RG5 | £2,050/mo | 3 | 0.64 miles | OpenRent |
| 3 Bed Detached House, Ravensbourne Drive, RG5 | £2,000/mo | 3 | 0.65 miles | OpenRent |
| 3 Bed Semi-Detached House, Quentin Road, RG5 | £1,850/mo | 3 | 0.75 miles | OpenRent |

**Average rent: £2,012/mo (6 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £2,025/mo).*

- **Gross yield:** 1215%
- **Monthly cashflow:** £1,790/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3702.7%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)