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40 Helmsdale Close, Reading, RG30 2PS - Image 1

40 Helmsdale Close, Reading, RG30 2PS

South East

£180,000
Listed on 09/03/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This freehold terrace house, located in a quiet cul-de-sac just off Brisbane Road, presents an excellent opportunity for those looking to invest in a property with potential for modernisation. The residence is conveniently situated close to Reading Town Centre, offering easy access to local amenities and transport links, including Reading Train Station on the Elizabeth Line and nearby Prospect Park. The accommodation spans two floors and includes three bedrooms, a bathroom, and a living area alongside the kitchen and WC on the ground floor. The property benefits from both a front garden and a rear garden space. Notably, preliminary plans have been drawn up for conversion into an HMO (House in Multiple Occupation), which could greatly enhance its rental yield potential—though it's important for prospective buyers to conduct their own investigations regarding planning permissions and development possibilities. Currently vacant, this house offers the buyer flexibility to implement renovations according to their preferences—whether that involves straightforward cosmetic updates or more extensive structural changes.

Investment Analysis

(RG30 area)
Area Average
£381/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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
23%
Properties sold annually

Local Market Trend (RG30)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +3.5%
5 year growth: +14.9%
Investment Disclaimer: Analysis based on RG30 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

40 Helmsdale Close, Reading, RG30 2PS
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£649
Based on a loan of £135,000 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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