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Blenheim Road, Reading

South East

£375,000
Listed on 13/02/2026

Property Details

Bedrooms
4
Type
Terraced house
Area
1205 sqft

Description

This four-storey terraced house is situated in a sought-after area close to the university and conveniently located within a mile of the town centre and nearby hospital. Previously utilized as rental accommodation, the property demonstrates significant potential for modernization, offering spacious rooms that allow for flexible use of space. The layout includes a welcoming hall, a double reception room that could be easily partitioned, a generously sized fitted kitchen, and a basement bedroom. On the first floor, there are two double bedrooms along with a bathroom and cloakroom that has the potential to be transformed into an additional shower room. The top floor features a fourth bedroom with ample storage options. Additional benefits include gas central heating, double glazing, and an enclosed garden ideal for outdoor use. The property is available with no onward chain, making it an appealing opportunity for investors or buyers looking to create their dream home.

Investment Analysis

(RG1 area)

Below Market Value

This property is priced -24.1% below area average per sq ft

-24.1%
Potential saving
This Property
£311/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
£543,720
10% above area average per sq ft
Potential ROI
+31.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Blenheim 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
£1,352
Based on a loan of £281,250 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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