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Wolseley Street, Reading, Berkshire - Image 1
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Wolseley Street, Reading, Berkshire

South East

£200,000
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
511 sqft

Description

This vacant two-bedroom mid-terrace home is nestled within a well-established residential community, presenting a significant opportunity for renovation and value enhancement. The property features two reception areas, a kitchen, two bedrooms, and a bathroom. Given its current condition, the house is primed for modernization, allowing potential owners to tailor the space to their preferences or create an attractive rental investment. Located conveniently near Reading town centre, residents can take advantage of a myriad of retail, leisure, and dining options. Transportation links are robust as well, with Reading Mainline Station providing direct access to London Paddington and connections via the Elizabeth Line. The proximity to the M4 motorway at Junctions 10 and 11 further facilitates travel to London, Heathrow Airport, and beyond.

Investment Analysis

(RG1 area)

Below Market Value

This property is priced -4.5% below area average per sq ft

-4.5%
Potential saving
This Property
£391/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
£230,292
10% above area average per sq ft
Potential ROI
-4.0%
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

Wolseley Street, 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
£733
Based on a loan of £150,000 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