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The Warren, Caversham, Reading

South East

£900,000
Listed on 02/03/2026

Property Details

Bedrooms
8
Type
Detached house
Area
4903 sqft

Description

This property presents a rare chance to develop a distinguished riverside residence, featuring an impressive 47ft of direct access to the River Thames. Nestled on a substantial 0.37-acre plot and located just a short distance from the centre of Caversham, this former pair of semi-detached houses has been merged into a spacious home spanning approximately 4,903 sq ft. It currently requires significant refurbishment to restore its functionality and enhance its appeal, offering vast potential for renovation and remodelling (subject to necessary permissions) into a contemporary riverside dwelling. The existing layout comprises six bedrooms and two large reception areas that open onto balconies overlooking the south-facing garden with delightful Thames views. Additionally, there’s a two-bedroom annexe beneath the driveway accessible via the front garden, providing further versatility. The property is discreetly placed on The Warren, an esteemed lane near the Mapledurham Estate, balancing serene riverside living with convenient access to urban amenities. Caversham and Reading offer comprehensive shopping, dining, and leisure opportunities, alongside efficient rail connections to London Paddington (approximately 25 minutes) and easy access to the M4 (J10). Nearby respected schools such as The Oratory and Reading Blue Coat are within reach, while the beautiful surrounding South Oxfordshire countryside invites outdoor enthusiasts with scenic walking and riding paths. This is an intriguing opportunity in one of the area’s most desirable locations that combines town convenience with tranquil river and countryside living.

Investment Analysis

(RG4 area)

Below Market Value

This property is priced -60.9% below area average per sq ft

-60.9%
Potential saving
This Property
£184/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£374
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £300,000
Target Value
£2,532,424
10% above area average per sq ft
Potential ROI
+111.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (RG4)

Area prices are rising by +4.5% over the last 12 months
3 year growth: -0.7%
5 year growth: +11.0%
Investment Disclaimer: Analysis based on RG4 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

The Warren, Caversham, 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
£3,246
Based on a loan of £675,000 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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