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Coventry Road, Reading, Berkshire - Image 1

Coventry Road, Reading, Berkshire

South East

£220,000

Listed on 18/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
690 sqft

Description

This two-bedroom Victorian terrace presents a distinctive opportunity for those interested in undertaking a comprehensive renovation project. Nestled in a convenient location with easy access to the A329 and transport links to Reading town centre, this property is perfect for investors and developers, as well as buyers looking to craft a personalized living space. The current layout includes two bedrooms, a living area, a kitchen, and a bathroom; however, it requires extensive modernisation throughout. While the property holds considerable potential to enhance its value and restore its original charm reflective of its Victorian style, prospective buyers should conduct their own thorough assessments. This is an exceptional chance to transform a property in a desirable area into something truly special.

Investment Analysis

(RG1 area)

Below Market Value

This property is priced -20.7% below area average per sq ft

-20.7%
Potential saving
This Property
£319/sq ft
Area Average
£402/sq ft
Avg Rent (weekly)
£332
Avg Yield
6.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£305,270
10% above area average per sq ft
Potential ROI
-1.5%
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

Coventry Road, Reading, Berkshire
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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
£831
Based on a loan of £165,000 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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