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Hamilton Road, Reading, RG1

South East

£585,000
Listed on 05/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
944 sqft

Description

This charming semi-detached property, nestled within the South Park Conservation Area of Reading's desirable University locale, presents a unique opportunity for creative investors and renovators. With its period features and solid structure, the home offers ample potential for reconfiguration or expansion, pending the necessary planning approvals. A welcoming walled front leads to a generous driveway that accommodates multiple vehicles and provides access to a timber garage. Inside, the residence showcases a spacious living room equipped with a wood-burning stove alongside a separate dining area that opens into a private garden designed for low maintenance while still being suitable for entertaining or relaxation. The first floor hosts two well-proportioned bedrooms, including the principal with an en suite bathroom, reflecting both comfort and practicality. The surrounding area is rich with amenities including the University campus, Royal Berkshire Hospital, scenic trails around Whiteknights Lake, and proximity to highly regarded schools. Reading town centre offers convenient access to mainline railway services and an array of shopping and dining options. Overall, this property stands as an excellent investment opportunity with significant renovation potential in a sought-after location.

Investment Analysis

(RG1 area)

Above Market Value

This property is priced +51.1% above area average per sq ft

+51.1%
This Property
£620/sq ft
Area Average
£410/sq ft
Avg Rent (weekly)
£341
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£425,952
10% above area average per sq ft
Potential ROI
-32.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RG1)

Area prices are rising by +4.2% over the last 12 months
3 year growth: -1.0%
5 year growth: +13.0%
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

Hamilton Road, Reading, RG1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,110
Based on a loan of £438,750 over 30 years at 4.06% 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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