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67 Cumberland Road, Reading, RG1 3JT - Image 1
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67 Cumberland Road, Reading, RG1 3JT

South East

£175,000
Listed on 25/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
700 sqft

Description

This freehold terrace house presents a promising opportunity for renovation and investment. Located off London Road, it is conveniently close to the amenities of Reading Town Centre, including Reading Train Station and Forbury Gardens Park. The property, which is arranged over two floors, features three rooms on the first floor, complemented by a living room, dining room, kitchen, and bathroom/WC on the ground floor. A rear garden offers additional potential for landscaping or outdoor space enhancement. Currently vacant, this home has an EPC rating of F, indicating a need for modernization to improve energy efficiency. This is an ideal project for investors looking to add value through refurbishment in a sought-after area.

Investment Analysis

(RG1 area)

Below Market Value

This property is priced -38.7% below area average per sq ft

-38.7%
Potential saving
This Property
£250/sq ft
Area Average
£408/sq ft
Avg Rent (weekly)
£329
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£314,006
10% above area average per sq ft
Potential ROI
+39.6%
After renovation
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

67 Cumberland Road, Reading, RG1 3JT
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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
£620
Based on a loan of £131,250 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.

Stamp Duty Calculator

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