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Greystoke Road, Caversham

South East

£474,950
Listed on 18/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This two-bedroom detached bungalow is situated on a tranquil tree-lined private road in Caversham, just a short distance from the centre and Reading's mainline station. The property presents an excellent opportunity for renovation, characterized by a spacious 16ft living room with a feature fireplace and access to a sun room that opens into the garden. The 17ft kitchen breakfast room features ample space for modern appliances and dining arrangements, although it awaits updates to enhance its functionality. Both double bedrooms come with built-in cupboards, while the bathroom includes a walk-in shower cubicle. Additional advantages include off-road parking, an electric roller garage door, and a mature garden that boasts potential for landscaping or expansion. This property is sold with no onward chain, making it an attractive option for investors or buyers looking to put their own touch on a home.

Investment Analysis

(RG4 area)
Area Average
£470/sq ft
Avg Rent (weekly)
£374
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (RG4)

Area prices are rising by +4.5% over the last 12 months
3 year growth: -0.7%
5 year growth: +11.0%
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

Greystoke Road, Caversham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,212 over 30 years at 4.06% 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.

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