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Oxford Road, Reading, Berkshire, RG30 - Image 1
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Oxford Road, Reading, Berkshire, RG30

South East

£390,000
Listed on 20/11/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1367 sqft

Description

This expansive four-storey Victorian terrace presents a compelling opportunity for investors and developers in a sought-after area near Reading's town centre and mainline railway station. Currently configured as two self-contained apartments, this property boasts four bedrooms and a generous rear garden, which could potentially be enhanced or extended (subject to planning permissions). With its traditional charm retained throughout, the house is well-positioned for various uses—whether maintaining its dual rental income stream or converting back to a spacious family home. The lower ground floor offers flexible living space that can serve multiple purposes, while each apartment contains essential amenities for comfortable living. The location on Oxford Road provides excellent access to local shops, schools, and transport links, making it an attractive option for tenants or future homeowners. This property not only stands out for its size and character but also holds significant potential for refurbishment or development options, affording investors the chance to enhance value through renovations or redesigns. Viewing is highly recommended to fully grasp the property's potential.

Investment Analysis

(RG30 area)

Below Market Value

This property is priced -24.9% below area average per sq ft

-24.9%
Potential saving
This Property
£285/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£307
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£571,331
10% above area average per sq ft
Potential ROI
+21.6%
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

Oxford Road, Reading, Berkshire, RG30
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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
£1,429
Based on a loan of £292,500 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.

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