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Belmont Road, Reading, Berkshire - Image 1
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Belmont Road, Reading, Berkshire

South East

£210,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
884 sqft

Description

This three-bedroom mid-terraced house presents a promising opportunity for refurbishment, situated conveniently near the town centre of Reading with easy access to Reading main station. The property is in need of modernisation, allowing for personal styling or improvements that could significantly increase its rental potential, currently estimated at £1,400 to £1,500 per month based on condition. With a gross yield ranging from 8% to 8.6%, this home is well-suited for those looking to invest in the growing rental market. It's being sold with vacant possession as part of an online auction process, providing a unique chance to acquire a property with significant upside potential.

Investment Analysis

(RG30 area)

Below Market Value

This property is priced -37.3% below area average per sq ft

-37.3%
Potential saving
This Property
£238/sq ft
Area Average
£379/sq ft
Avg Rent (weekly)
£316
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£368,588
10% above area average per sq ft
Potential ROI
+47.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (RG30)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 5.1%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on RG30 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

Belmont Road, Reading, Berkshire
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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
£769
Based on a loan of £157,500 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.

Next Steps

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