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Northumberland Avenue, Reading

South East

£250,000
Listed on 13/09/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1465 sqft

Description

This semi-detached property presents a compelling renovation and investment opportunity, having been divided into two self-contained maisonettes with existing lawful use. With four bedrooms in total, the layout currently offers flexibility for different living arrangements or rental options, appealing to both homeowners and investors alike. Set on a substantial plot, the property includes generous off-road parking for multiple vehicles, which enhances its practicality. The rear garden faces west, providing a pleasant outdoor space that could be further improved or reconfigured to increase usability and aesthetic appeal. This feature is particularly attractive for potential buyers looking to enhance value through landscaping or outdoor enhancements. Located in the desirable South Reading area, this property benefits from proximity to various local amenities, including schools and retail parks. Public transport links are readily accessible, offering convenient connections to Reading town centre and surrounding areas. Additionally, excellent road access via the A33 and M4 makes this spot ideal for commuters seeking an efficient travel route. With essential services including gas central heating and mains connections for electricity, water, and drainage already established, any renovations can focus on cosmetic upgrades or reconfiguration rather than foundational work. Furthermore, ultrafast broadband availability increases the property's appeal for modern living or rental use. Investors will find significant potential in reimagining this property to meet contemporary demands while capitalizing on its prime location. Whether you choose to maintain the current layout or explore redevelopment possibilities (subject to necessary consents), this home offers a versatile canvas ready for transformation.

Investment Analysis

(RG2 area)

Below Market Value

This property is priced -59.7% below area average per sq ft

-59.7%
Potential saving
This Property
£171/sq ft
Area Average
£424/sq ft
Avg Rent (weekly)
£373
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£25,000 - £62,500
10-25% of property value
Target Value
£682,712
10% above area average per sq ft
Potential ROI
+118.5%
After renovation
Monthly Sales
33
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (RG2)

Area prices are falling by +3.8% over the last 12 months
3 year growth: 0.9%
5 year growth: 13.4%
Investment Disclaimer: Analysis based on RG2 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

Northumberland Avenue, Reading
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