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Henry Street, Reading, RG1

South East

£319,500

Listed on 31/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
777 sqft

Description

This inviting 2-3 bedroom Victorian terrace is situated in the central area of Reading, offering an excellent opportunity for renovation and investment. With planning permission already approved for a loft conversion, the property presents substantial potential for expansion, whether you're looking to create additional living space or a dedicated home office. This charming bay-fronted home features original character details alongside modern conveniences, situated on a peaceful no-through road—an asset in this vibrant town centre locale. The ground floor comprises a bright sitting room adorned with a traditional bay window and a classic fireplace, leading seamlessly into an attractive dining area highlighted by polished floorboards that enhance its charm. The contemporary kitchen is functional and well-equipped, with ample storage solutions. The first floor provides two generous double bedrooms; the primary bedroom benefits from an en-suite bathroom that has been thoughtfully designed. A well-maintained family bathroom services the ground level. The property also boasts an enclosed courtyard garden at the rear—ideal for outdoor relaxation or entertaining guests. Given its prime location just minutes away from The Oracle shopping centre and close proximity to Reading Railway Station for swift commutes to London, this property not only offers serene living but also significant value-add potential through future renovations and extensions.

Investment Analysis

(RG1 area)

Above Market Value

This property is priced +2.2% above area average per sq ft

+2.2%
This Property
£411/sq ft
Area Average
£402/sq ft
Avg Rent (weekly)
£332
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£343,760
10% above area average per sq ft
Potential ROI
-9.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (RG1)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -0.6%
5 year growth: +9.3%
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

Henry Street, Reading, RG1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,207
Based on a loan of £239,625 over 30 years at 4.45% 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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