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98 Addison Road, Reading, Berkshire, RG1 8EG - Image 1
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98 Addison Road, Reading, Berkshire, RG1 8EG - Image 3
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98 Addison Road, Reading, Berkshire, RG1 8EG

South East

£160,000
Listed on 02/04/2026

Property Details

Bedrooms
N/A
Type
Office

Description

This vacant two-storey office building presents a unique opportunity for renovation and potential redevelopment, subject to acquiring the necessary consents. Featuring two garages and an additional store room, this property offers ample space to explore various investment possibilities. Located on a mixed-use road with convenient access to local shops and amenities, it also benefits from proximity to Christchurch Meadows and Reading rail station, enhancing its appeal for future use. The ground floor comprises two rooms, a kitchen, and a WC, while the first floor includes three further rooms. A comprehensive refurbishment programme is required to unlock the property's full potential.

Investment Analysis

(RG1 area)
Area Average
£408/sq ft
Avg Rent (weekly)
£329
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £55,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RG1)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -0.1%
5 year growth: +10.2%
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

98 Addison Road, Reading, Berkshire, RG1 8EG
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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
£567
Based on a loan of £120,000 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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