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Swansea Road, Reading

South East

£320,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
797 sqft

Description

This charming bay-fronted period property offers a blend of character and opportunity, situated just a short walk from the picturesque River Thames and the lively town centers of Reading and Caversham. While the home is in need of modernisation, it presents an excellent chance for renovation, allowing new owners to customize it to their taste. The layout comprises a living room and separate dining area that provide a cozy environment for entertaining or relaxing. The kitchen is functional but could benefit from an upgrade to meet contemporary standards. A ground floor bathroom adds convenience, while the first floor features three bedrooms designed in a two-plus-one configuration, offering flexibility for family living or guest accommodations. Outside, the low-maintenance enclosed rear garden serves as a private retreat, perfect for those looking to enhance their outdoor space with landscaping or recreational areas. Located on Swansea Road, this property stands out as an ideal investment for commuters, with the mainline train station just half a mile away. This proximity ensures residents can reach London Paddington in approximately 35 minutes, making it an attractive option for professionals working in the capital. Additionally, with Cross Rail services available nearby, connectivity options further enhance its appeal for both work and leisure travel. With no onward chain, this property not only holds potential as a comfortable home but also as an investment opportunity in a rapidly developing area. The combination of location advantages and renovation possibilities makes this an intriguing prospect for those looking to make their mark in this vibrant community.

Investment Analysis

(RG1 area)

Below Market Value

This property is priced -2.0% below area average per sq ft

-2.0%
Potential saving
This Property
£402/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
£359,184
10% above area average per sq ft
Potential ROI
-0.2%
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

Swansea Road, Reading
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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
£1,172
Based on a loan of £240,000 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