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Southampton Street, Reading RG1

South East

£250,000

Listed on 29/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
990 sqft

Description

Located in the heart of Reading, this period terraced home offers a promising canvas for those looking to undertake a renovation project. The property currently features two generously sized reception rooms that provide adaptable spaces for living and dining. The ground floor also includes a kitchen and a family bathroom. On the upper level, you will find two ample double bedrooms along with an additional bathroom. This residence is ripe for modernisation, allowing new owners to enhance its character and create a personalised living environment. Given its central position, it benefits from easy access to Reading's vibrant town centre, mainline railway station, local amenities, and efficient transport links. This property not only combines location and charm but also presents significant potential for value addition through refurbishment.

Investment Analysis

(RG1 area)

Below Market Value

This property is priced -37.5% below area average per sq ft

-37.5%
Potential saving
This Property
£253/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£329
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£440,337
10% above area average per sq ft
Potential ROI
+51.8%
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

Southampton Street, Reading RG1
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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
£892
Based on a loan of £187,500 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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