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Reading, Berkshire, RG1

South East

£325,000
Listed on 11/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
925 sqft

Description

This three-bedroom terraced home is located in East Reading, offering convenient access to both the University and the Royal Berkshire Hospital. The property presents a unique opportunity for renovation, allowing new owners to tailor the space to their preferences and potentially increase its value. The layout includes two separate reception rooms, providing flexible living options that can be easily reimagined. Additionally, there's a ground floor bathroom that, while functional, could benefit from modern updates. The enclosed garden offers outdoor space for relaxation or future landscaping enhancements. Being sold with no onward chain simplifies the purchasing process, making it an attractive investment for those looking to either occupy or rent out. With the right vision and effort, this property could be transformed into a desirable residence in a sought-after area. Its proximity to local amenities and educational institutions further enhances its appeal as a long-term investment opportunity.

Investment Analysis

(RG1 area)

Below Market Value

This property is priced -13.0% below area average per sq ft

-13.0%
Potential saving
This Property
£351/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£336
Avg Yield
5.9%

Renovation Potential

Est. Renovation Cost
£32,500 - £81,250
10-25% of property value
Target Value
£411,070
10% above area average per sq ft
Potential ROI
+1.2%
After renovation
Monthly Sales
38
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (RG1)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -1.4%
5 year growth: 13.1%
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

Reading, Berkshire, RG1
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