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94 Addison Road, Reading, Berkshire, RG1 8EG - Image 1
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94 Addison Road, Reading, Berkshire, RG1 8EG - Image 3
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94 Addison Road, Reading, Berkshire, RG1 8EG

South East

£210,000
Listed on 15/05/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1040 sqft

Description

This end-of-terrace building presents a unique opportunity for investment, featuring nine rooms spread across two floors. The property is currently vacant and requires significant refurbishment, making it an ideal project for developers or investors looking to create value. Located on a mixed-use road close to local amenities and transport links, including Reading rail station, the setting also offers easy access to the green spaces of Christchurch Meadows. The layout consists of five rooms on the ground floor and four on the first floor, along with a kitchen and two WCs. Additionally, there is gated parking available outside, providing potential for further development (subject to obtaining necessary consents). This property is well-positioned for those interested in transforming a space with considerable renovation potential.

Investment Analysis

(RG1 area)

Below Market Value

This property is priced -50.1% below area average per sq ft

-50.1%
Potential saving
This Property
£202/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£329
Avg Yield
6.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£462,576
10% above area average per sq ft
Potential ROI
+49.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (RG1)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -0.8%
5 year growth: +8.6%
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, Berkshire, RG1 8EG
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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
£749
Based on a loan of £157,500 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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