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Cumberland Road, READING

South East

£160,000

Listed on 05/06/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This freehold terrace house presents a promising opportunity for investors and renovators. Located conveniently near local amenities on London Road and within easy reach of Reading Town Centre, the property stands ready for transformation. With full vacant possession available, prospective buyers can explore various options for extension or reconfiguration, subject to obtaining the necessary consents. The current layout includes two reception rooms, a kitchen, and a bathroom on the ground floor, complemented by three rooms on the first floor. A rear garden adds to the potential for outdoor enhancements. Given the property's EPC rating of F, there’s considerable scope for energy efficiency improvements alongside aesthetic upgrades. This location is set to benefit from enhanced transport links with the upcoming crossrail network integration, making it an attractive investment choice in a thriving area.

Investment Analysis

(RG1 area)
Area Average
£402/sq ft
Avg Rent (weekly)
£332
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Cumberland Road, READING
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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
£604
Based on a loan of £120,000 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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