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94 Addison Road, Reading, RG1 8EG

South East

£195,000
Listed on 24/04/2026

Property Details

Bedrooms
4
Type
End Of Terrace
Area
1040 sqft

Description

This end of terrace property presents an exciting opportunity for renovation enthusiasts and investors. Located on Addison Road, it boasts a strategic position near Reading Town Centre, with easy access to local amenities and transport links, including the Elizabeth Line at Reading Train Station. The building is arranged over two floors, offering ample space for creative reconfiguration. The first floor contains three rooms, while the ground floor features an entrance hall, two additional rooms, a kitchenette, and a WC. With gated parking available, this property not only offers spacious living but also the potential to enhance its value through modernisation. Currently vacant, it is ready for immediate transformation to suit personal preferences or rental objectives. The property holds an EPC rating of E, providing further incentive for energy-efficient upgrades. Inspections can be arranged through the auctioneers.

Investment Analysis

(RG1 area)

Below Market Value

This property is priced -54.0% below area average per sq ft

-54.0%
Potential saving
This Property
£188/sq ft
Area Average
£408/sq ft
Avg Rent (weekly)
£329
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£466,523
10% above area average per sq ft
Potential ROI
+79.4%
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

94 Addison Road, Reading, 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
£691
Based on a loan of £146,250 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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