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Kings Road, Reading

South East

£450,000
Listed on 06/03/2026

Property Details

Bedrooms
6
Type
Terraced house
Area
1244 sqft

Description

This expansive six-bedroom period residence spans four levels, offering a flexible layout in a desirable central Reading location. It's conveniently positioned near the university, with easy access to both the town centre and major transport links including Reading station and the M4 motorway. The property presents an excellent opportunity for refurbishment, appealing to investors and owner-occupiers looking to increase both its market value and rental yield. The ground floor features two large reception rooms that open onto the rear garden, while the lower ground floor contains a kitchen and an additional reception area, which could serve as a dining room or extra bedroom. The upper floors consist of several generously sized double bedrooms, providing adaptable living spaces. Outside, there is off-street parking available for two vehicles. Although the property is offered with no onward chain, it does require modernisation to unlock its full potential.

Investment Analysis

(RG1 area)

Below Market Value

This property is priced -11.6% below area average per sq ft

-11.6%
Potential saving
This Property
£362/sq ft
Area Average
£409/sq ft
Avg Rent (weekly)
£335
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£559,812
10% above area average per sq ft
Potential ROI
+5.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RG1)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -1.1%
5 year growth: +12.4%
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

Kings 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
£1,623
Based on a loan of £337,500 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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