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George Street, Reading, RG1

South East

£500,000
Listed on 15/04/2026

Property Details

Bedrooms
7
Type
End Of Terrace

Description

This property presents a compelling investment opportunity, strategically situated near Reading town centre and available with no onward chain. The interior layout features a front-facing lounge, a dining area, a kitchen, and essential facilities including a downstairs WC and shower room. It accommodates five bedrooms on the first floor alongside an additional shower room. A notable highlight is the separately entered annexe, which includes two bedrooms, a shower room, and a combined kitchen/living space—ideal for rental potential or multi-generational living. Externally, the property boasts off-road parking, a carport leading to a double garage, and an outbuilding nestled within the rear garden. There is ample scope for further development subject to planning permission (STPP). Conveniently located within reach of public transport options and local amenities, this property offers significant renovation potential in a sought-after area.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
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

George Street, Reading, RG1
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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
£1,771
Based on a loan of £375,000 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.

Stamp Duty Calculator

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