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Richmond Road, Reading, Berkshire, RG30 - Image 1
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Richmond Road, Reading, Berkshire, RG30 - Image 5
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Richmond Road, Reading, Berkshire, RG30

South East

£315,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

This end of terrace Victorian home, located on a sought-after residential street in West Reading, presents a prime opportunity for renovation. The property showcases traditional features, including a charming bay front and spacious interiors that comprise an entrance hall, living room, dining area, galley kitchen, three generous double bedrooms, and a three-piece bathroom suite. While the house is currently in need of updates and modernization, it has great potential for both first-time buyers looking to create their ideal home and investors seeking to capitalize on the growing rental market. The rear garden requires landscaping but could be transformed into an inviting outdoor space perfect for entertaining during the warmer months. With convenient access to Reading’s town center and excellent rail connections, the property is well-positioned for commuters. This offering is free from onward chain complications, allowing for a smoother transaction process.

Investment Analysis

(RG30 area)
Area Average
£382/sq ft
Avg Rent (weekly)
£308
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Richmond Road, Reading, Berkshire, RG30
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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
£1,190
Based on a loan of £236,250 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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