Worst House on the Street Logo
Belmont Road, Reading, Berkshire - Image 1
Belmont Road, Reading, Berkshire - Image 2
Belmont Road, Reading, Berkshire - Image 3
Belmont Road, Reading, Berkshire - Image 4
Belmont Road, Reading, Berkshire - Image 5
Belmont Road, Reading, Berkshire - Image 6
Belmont Road, Reading, Berkshire - Image 7
Belmont Road, Reading, Berkshire - Image 8
Belmont Road, Reading, Berkshire - Image 9
Belmont Road, Reading, Berkshire - Image 10
Belmont Road, Reading, Berkshire - Image 11

Belmont Road, Reading, Berkshire

South East

£210,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
884 sqft

Description

This three-bedroom mid-terraced house presents a promising opportunity for those looking to invest in a property with significant renovation potential. Located conveniently near Reading's town centre, it offers easy access to Reading main station, making it appealing for both owner-occupiers and rental investors. With an estimated rental income between £1,400 and £1,500 per month, depending on the scope of renovations undertaken, this property could achieve a gross yield of approximately 8% to 8.6%. The house requires modernisation throughout, offering a blank canvas to create a desirable living space or enhance its rental appeal.

Investment Analysis

(RG30 area)

Below Market Value

This property is priced -37.5% below area average per sq ft

-37.5%
Potential saving
This Property
£238/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£307
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£369,463
10% above area average per sq ft
Potential ROI
+47.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (RG30)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 7.5%
5 year growth: 18.8%
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
Loading map...

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

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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