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Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ - Image 1
Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ - Image 2
Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ - Image 3
Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ - Image 4
Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ - Image 5
Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ - Image 6
Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ - Image 7
Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ - Image 8
Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ - Image 9
Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ - Image 10
Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ - Image 11
Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ - Image 12
Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ - Image 13
Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ - Image 14
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Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ

South East

£2,500,000
Listed on 22/04/2026

Property Details

Bedrooms
4
Type
Hotel

Description

This sizable freehold hotel and development opportunity encompasses four interconnected properties, totaling approximately 9,250 sq ft. It features 22 en-suite guest rooms along with two self-contained studio apartments. The premises include a reception area, lounge, bar, restaurant space, and a fully equipped commercial kitchen that is ready for immediate use, albeit requiring some cosmetic updates. Situated prominently on Caversham Road and just a short walk from Reading's mainline station, the location benefits from high local demand and strong transport links. There is considerable potential for further development or conversion into alternative uses such as serviced accommodations, mixed-use spaces, or residential units (subject to planning permission). This represents an exceptional opportunity to acquire a substantial freehold asset within a sought-after Thames Valley locale with both operational and value enhancement potential.

Investment Analysis

(RG1 area)
Area Average
£404/sq ft
Avg Rent (weekly)
£329
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (RG1)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -0.8%
5 year growth: +8.6%
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

Thameside Hotel, 144–150 Caversham Road, Reading, RG1 8AZ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£8,919
Based on a loan of £1,875,000 over 30 years at 3.97% 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

This calculation uses non-residential (land/commercial) tax rates.

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