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Kings Road, Caversham, Reading

South East

£300,000
Listed on 24/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
853 sqft

Description

This Victorian mid-terrace property, situated near the borders of Caversham and Reading Town Centre, presents a promising opportunity for renovation-minded buyers. With no onward chain, prospective owners can acquire this home and begin personalizing it to their preferences without delay. The location is advantageous, being within walking distance to Reading's amenities, including the train station and the scenic River Thames. The property itself retains charming features such as an entrance hall with original quarry tiles leading into a box bay-windowed living room with a fireplace. A separate dining room, accessible from the living area, connects to a kitchen that opens onto the rear garden. Additionally, there’s a ground floor bathroom and three versatile rooms on the first floor arranged in a classic 2+1 layout—providing ample scope for reconfiguration to enhance functionality or rental appeal. The private garden, measuring approximately 45 feet in length, offers potential for landscaping or outdoor improvements. Given its character and location, this property is ideal for those looking to add value through thoughtful renovations—making it an attractive option for both owner-occupiers and investors alike.

Investment Analysis

(RG4 area)

Below Market Value

This property is priced -25.5% below area average per sq ft

-25.5%
Potential saving
This Property
£352/sq ft
Area Average
£472/sq ft
Avg Rent (weekly)
£398
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£443,112
10% above area average per sq ft
Potential ROI
+26.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RG4)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -2.7%
5 year growth: +8.8%
Investment Disclaimer: Analysis based on RG4 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

Kings Road, Caversham, Reading
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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
£1,063
Based on a loan of £225,000 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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