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40 Helmsdale Close, Reading, RG30 2PS - Image 1
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40 Helmsdale Close, Reading, RG30 2PS

South East

£125,000
Listed on 13/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
871 sqft

Description

This freehold terraced house features three bedrooms and offers a great opportunity for those looking to invest in a property with significant potential for modernization. Spread across two levels, the ground floor includes a reception room, kitchen, and a downstairs WC, all of which can be reconfigured to better meet contemporary living standards. The first floor houses the three bedrooms alongside a family bathroom, making it versatile for both homeowners and investors alike. The property is in need of cosmetic upgrades throughout, providing buyers with the chance to enhance its appeal while increasing market value. Additionally, there are already plans drawn for conversion into an HMO, pending the necessary permissions, which could further boost investment prospects. A rear garden adds valuable outdoor space that could be improved or landscaped according to personal taste. Located in Reading within a well-established residential neighborhood, this property benefits from proximity to local shops, schools, and essential amenities. With easy access to Reading’s vibrant town center and excellent transport connections—including rapid rail services to London—this home stands as a desirable option for commuters and investors seeking growth in this promising area.

Investment Analysis

(RG30 area)

Below Market Value

This property is priced -62.4% below area average per sq ft

-62.4%
Potential saving
This Property
£144/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£288
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£365,994
10% above area average per sq ft
Potential ROI
+128.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (RG30)

Area prices are falling by -2.6% over the last 12 months
3 year growth: +1.4%
5 year growth: +11.4%
Investment Disclaimer: Analysis based on RG30 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

40 Helmsdale Close, Reading, RG30 2PS
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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
£446
Based on a loan of £93,750 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

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