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Mason Street, Reading

South East

£285,000
Listed on 22/07/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
851 sqft

Description

This three-bedroom period property presents a promising opportunity for renovation and investment. Located conveniently near Reading West Station, it grants easy access to local shops and amenities, making it an attractive option for both homeowners and potential renters. Upon entering the home, you'll find a welcoming entrance hall that leads into the main living areas. The sitting room, with its traditional layout, offers ample space for comfortable furnishings, while the separate dining room can be transformed into an inviting area for entertaining. The kitchen, although in need of modern updates, provides a functional layout with potential to create a contemporary culinary space. An adjoining lean-to garden room opens up possibilities for additional light and views into the garden. The first floor accommodates two generously sized double bedrooms along with a third bedroom that can serve various needs, whether as a guest room or office space. The property is primarily double glazed and benefits from gas radiator central heating, which adds to its overall efficiency. Externally, the enclosed rear garden offers a private outdoor space that could be revitalized to enhance the property’s overall appeal. Given the location and current condition, this home holds extensive potential for those looking to invest in renovation projects or seeking to personalize their living space. Viewing is encouraged to fully appreciate what this property has to offer. EPC rating: D; Council Tax Band: B.

Investment Analysis

(RG1 area)

Below Market Value

This property is priced -17.1% below area average per sq ft

-17.1%
Potential saving
This Property
£335/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£331
Avg Yield
5.9%

Renovation Potential

Est. Renovation Cost
£28,500 - £71,250
10-25% of property value
Target Value
£377,997
10% above area average per sq ft
Potential ROI
+6.1%
After renovation
Monthly Sales
27
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (RG1)

Area prices are rising by +3.7% over the last 12 months
3 year growth: -1.0%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on RG1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Mason Street, Reading
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