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Mount Pleasant, Reading, Berkshire, RG1

South East

£325,000

Listed on 01/07/2026

Property details

Bedrooms
3
Type
End Of Terrace

Description

This three-bedroom end-terrace property presents a unique opportunity for those looking to invest in a versatile space within close proximity to Reading town centre and the mainline railway station. With no onward chain, the home is well-positioned for conversion into two self-contained flats, subject to the necessary planning approvals, taking advantage of its dual entrances. The ground floor features a living room, a separate dining area that could serve as a fourth bedroom, and a generous breakfast kitchen perfect for family gatherings. Upstairs, three ample bedrooms share a family bathroom and separate WC, while one bedroom boasts independent access through a fire escape leading to a private courtyard—ideal for flexible living arrangements. Outside, the property offers a manageable courtyard garden alongside residents' street permit parking. Located in a highly desirable area, this home is just minutes from shopping amenities and transport options, making it an attractive proposal for both homeowners and investors alike.

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Investment analysis

(RG1 area)
Area Average
£402/sq ft
Avg Rent (weekly)
£329
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (RG1)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -1.1%
5 year growth: +7.8%
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

Mount Pleasant, Reading, Berkshire, RG1
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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
£1,228
Based on a loan of £243,750 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

Next Steps

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