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St Annes Road, Caversham

South East

£895,000

Listed on 27/06/2026

Property details

Bedrooms
5
Type
Detached
Area
2734 sqft

Description

This Edwardian family home, located in the sought-after area of Caversham, presents a substantial opportunity for renovation and investment. Spanning four levels, the property boasts ample living space ideal for a growing family or those who require dedicated home office areas. The expansive plot features an established garden, double garage, and off-road parking for multiple vehicles—an appealing advantage in this region. Inside, the large living room includes a charming loggia and an original fireplace, while the separate kitchen and utility area accessed via a dining room adorned with wooden panelling offer potential for a contemporary redesign. The cellar provides additional versatility as a possible workshop. The first floor accommodates three spacious bedrooms, including a main suite with ensuite facilities, alongside an additional family bathroom. Ascending to the top floor reveals another two well-sized bedrooms along with eaves storage. Located just a short stroll from central Caversham and within walking distance to Reading Mainline Station, this property's existing features combined with its renovation potential make it an attractive prospect without any onward chain.

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Investment analysis

(RG4 area)

Below Market Value

This property is priced -30.2% below area average per sq ft

-30.2%
Potential saving
This Property
£327/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£347
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,410,320
10% above area average per sq ft
Potential ROI
+43.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (RG4)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -3.8%
5 year growth: +7.1%
Investment Disclaimer: Analysis based on RG4 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

St Annes Road, Caversham
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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
£3,381
Based on a loan of £671,250 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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