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St. Annes Road, Caversham, Reading, Berkshire, RG4

South East

£975,000
Listed on 30/03/2026

Property Details

Bedrooms
5
Type
Detached

Description

This substantial five-bedroom detached period home is conveniently located near Caversham high street and Reading town center, offering a rare opportunity for renovation and reconfiguration. The spacious ground floor features an entrance hall leading to a large bay-windowed family room, a formal dining area that can accommodate six, a well-sized kitchen connected to a utility room, a WC, and an expansive formal living room. On the first floor, you'll find three good-sized bedrooms along with a family bathroom and separate WC; the principal bedroom boasts built-in wardrobes and its own ensuite. The second floor includes two additional double bedrooms, with landing space providing extra storage options. Notably, this property comes with a basement that adds further potential for development. Outside, it benefits from ample driveway parking on a generously sized plot with mostly lawned areas and a double detached garage at the rear—historically believed to be the former stable of the old police station. This property is ideal for those looking to invest as it holds significant potential to split into multiple apartments or convert into an HMO (House in Multiple Occupation), pending the necessary planning approvals. The location is highly desirable, being just 100 yards from Caversham’s amenities and within walking distance to Reading's mainline railway station that offers quick access to London, as well as being close to local parks and quality schools.

Investment Analysis

(RG4 area)
Area Average
£472/sq ft
Avg Rent (weekly)
£398
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RG4)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -2.7%
5 year growth: +8.8%
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

St. Annes Road, Caversham, Reading, Berkshire, RG4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,453
Based on a loan of £731,250 over 30 years at 3.91% 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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