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Hatherley Road, Reading

South East

£290,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
926 sqft

Description

This three-bedroom terraced home in East Reading presents an excellent renovation opportunity, conveniently located near the University and Royal Berkshire Hospital. The property is currently in need of modernisation and is being offered with no onward chain. It features two separate reception rooms, a ground floor bathroom, and an enclosed garden, making it a promising investment for those looking to enhance its value through updates.

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Investment analysis

(RG1 area)

Below Market Value

This property is priced -22.2% below area average per sq ft

-22.2%
Potential saving
This Property
£313/sq ft
Area Average
£402/sq ft
Avg Rent (weekly)
£329
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£409,834
10% above area average per sq ft
Potential ROI
+24.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Hatherley 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
£1,096
Based on a loan of £217,500 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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