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Swansea Road, Reading

South East

£320,000
Listed on 07/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
797 sqft

Description

This period property offers a fantastic opportunity for renovation enthusiasts and investors. Nestled just a short walk from both the scenic River Thames and the lively town centres of Reading and Caversham, this bay-fronted home promises great potential. The interior is currently laid out with a living room, dining area, kitchen, and ground floor bathroom, alongside three bedrooms arranged over the first floor. While the property requires modernisation to unlock its full charm, it features an enclosed rear garden that is low maintenance, making it ideal for creating an inviting outdoor space. With no onward chain, this property is ready for a new owner to take advantage of its prime location and transform it into a stylish residence. Additionally, commuting will be effortless with the mainline station just half a mile away, providing quick access to London Paddington in about 35 minutes. Given its strategic connectivity boosted by Cross Rail services, this home is perfectly positioned for both personal and rental appeal.

Investment Analysis

(RG1 area)

Below Market Value

This property is priced -2.1% below area average per sq ft

-2.1%
Potential saving
This Property
£402/sq ft
Area Average
£410/sq ft
Avg Rent (weekly)
£341
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£359,622
10% above area average per sq ft
Potential ROI
-0.1%
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

Swansea Road, Reading
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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
£1,154
Based on a loan of £240,000 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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