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Wykeham Road, Reading

South East

£200,000

Listed on 09/05/2026

Property Details

Bedrooms
3
Type
Terraced House
Area
861 sqft

Description

Nestled on the desirable Wykeham Road in East Reading, this charming three-bedroom Victorian terraced house offers a compelling renovation opportunity. The property boasts original period features that enhance its character, featuring two reception areas, a kitchen, and a downstairs bathroom. Upstairs, you will find two spacious double bedrooms and an additional room off the second bedroom, suitable for use as a study, nursery, or dressing area. This home is in need of comprehensive modernisation throughout, making it ideal for investors or those looking to craft their dream residence in a thriving locale. The exterior includes a modest front garden and a private enclosed rear garden for outdoor enjoyment, along with on-street parking options available at the front. Conveniently situated near Reading University and local amenities such as shops and schools, this property benefits from excellent transport links via Reading station and access to the M4 motorway. With its period charm combined with significant potential for enhancement, this offering represents an exciting chance to invest in one of Reading's most sought-after neighborhoods.

Investment Analysis

(RG6 area)

Below Market Value

This property is priced -49.3% below area average per sq ft

-49.3%
Potential saving
This Property
£232/sq ft
Area Average
£459/sq ft
Avg Rent (weekly)
£475
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£434,245
10% above area average per sq ft
Potential ROI
+55.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (RG6)

Area prices are falling by -4.5% over the last 12 months
3 year growth: -4.7%
5 year growth: +5.5%
Investment Disclaimer: Analysis based on RG6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Wykeham Road, Reading
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£714
Based on a loan of £150,000 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

-9.1% since listed
£200,000£20,000(-9.1%)
22/05/2026
Current price
£220,000Initial listing
08/05/2026

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