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Salisbury Road, Reading

South East

£300,000

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
888 sqft

Description

This Victorian terrace property presents a noteworthy investment opportunity, primed for modernization and personal touch. With its distinctive bay front, the home boasts a generous layout offering a sitting room, dining area, and kitchen on the ground floor, complemented by three bedrooms and a separate bathroom on the first floor. The enclosed rear garden provides potential for outdoor enhancements. Located conveniently close to Reading West Station and an array of local amenities—including shops and public transport—this property is positioned well for future growth. The presence of on-street permit parking adds to the appeal. Although currently requiring refurbishment, it is offered with no onward chain, making it an intriguing option for investors or those looking to create their ideal home.

Investment Analysis

(RG30 area)

Below Market Value

This property is priced -11.7% below area average per sq ft

-11.7%
Potential saving
This Property
£338/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£308
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£373,528
10% above area average per sq ft
Potential ROI
+6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RG30)

Area prices are falling by -3.0% over the last 12 months
3 year growth: +0.8%
5 year growth: +10.7%
Investment Disclaimer: Analysis based on RG30 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

Salisbury 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
£1,133
Based on a loan of £225,000 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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