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Hamilton Road, Reading, Berkshire, RG1 - Image 1
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Hamilton Road, Reading, Berkshire, RG1

South East

£400,000
Listed on 11/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
756 sqft

Description

This three-bedroom semi-detached home is located on a desirable road within the University area, making it an attractive option for those seeking a renovation project with significant investment potential. While the interior requires modernisation, this property presents an opportunity to create a personalized living space tailored to your preferences. The layout spans two levels and includes a bay-fronted sitting/dining room that offers ample natural light, along with a kitchen and ground floor shower room. Upstairs, there are three bedrooms, where the principal bedroom includes a convenient cloakroom. The thoughtful design provides a solid foundation for future updates. Outside, the property features a front lawn accessible through a wrought iron gate and side pedestrian access. The spacious rear garden is particularly noteworthy; its size and layout present possibilities for extension or additional landscaping (subject to planning permission), increasing both functionality and value. Located just east of Reading’s city center, this home benefits from proximity to local amenities, including shops, parks, and educational institutions such as Reading University and Reading College. Additionally, the area boasts excellent transport links with easy access to major routes like the M4 and A329 motorways. As part of a sought-after suburb known for its mix of period and contemporary properties, this location is both convenient and appealing. With proper renovations, this home has the potential not only to become an inviting personal residence but also an asset in a thriving rental market or future sales landscape.

Investment Analysis

(RG1 area)

Above Market Value

This property is priced +29.1% above area average per sq ft

+29.1%
This Property
£529/sq ft
Area Average
£410/sq ft
Avg Rent (weekly)
£377
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£340,707
10% above area average per sq ft
Potential ROI
-22.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RG1)

Area prices are rising by +5.9% over the last 12 months
3 year growth: 0.3%
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. 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

Hamilton Road, Reading, Berkshire, RG1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE