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Hemdean Road, Caversham, Reading - Image 1
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Hemdean Road, Caversham, Reading

South East

£410,000

Listed on 18/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
860 sqft

Description

This three-bedroom terraced house, located on the desirable Hemdean Road in Caversham, represents a solid investment opportunity for those looking to inject their own style and updates into a property. This home is being sold chain-free, allowing for a smooth transition. The ground floor features a bright bay-fronted reception room that offers potential for reconfiguration and modernisation, paired with additional living space at the rear and a kitchen area that awaits refurbishment. The family bathroom also presents an opportunity for upgrades. Moving to the upper floor, you will find three generously sized bedrooms, each providing ample space suitable for family life or remote working setups. Outside, the property offers driveway parking—a significant advantage in this attractive residential neighbourhood. With local amenities, schools, and transport links close at hand, this home is perfect for buyers seeking a renovation project in a sought-after locale.

Investment Analysis

(RG4 area)

Above Market Value

This property is priced +1.4% above area average per sq ft

+1.4%
This Property
£477/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£355
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£444,573
10% above area average per sq ft
Potential ROI
-1.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RG4)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -3.2%
5 year growth: +7.5%
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

Hemdean Road, Caversham, Reading
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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
£1,463
Based on a loan of £307,500 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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