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Lower Henley Road, Reading

South East

£600,000

Listed on 03/07/2026

Property details

Bedrooms
4
Type
Detached
Area
1328 sqft

Description

Located in the highly sought-after central Caversham, this Grade II listed period property presents a unique opportunity for renovation and investment. Featuring four bedrooms along with the potential for three reception areas, the home is steeped in history, believed to date back to the mid-17th century. While it boasts character and charm as one of the area's oldest residences, it will benefit from modernisation to unlock its full potential. The property is enveloped by mature hedging and private gardens, creating a serene retreat that remains conveniently close to the vibrant Caversham town centre. Here, you will find essential amenities such as Waitrose and Iceland alongside charming independent boutiques and a lively artisan market. Outdoor enthusiasts will enjoy proximity to the scenic River Thames which offers idyllic walks and leisure activities, while commuters can take advantage of Reading mainline station located under two miles away, providing quick access to London in less than 25 minutes.

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Investment analysis

(RG4 area)

Below Market Value

This property is priced -3.3% below area average per sq ft

-3.3%
Potential saving
This Property
£452/sq ft
Area Average
£467/sq ft
Avg Rent (weekly)
£369
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£682,413
10% above area average per sq ft
Potential ROI
-2.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (RG4)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -3.7%
5 year growth: +6.2%
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

Lower Henley 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
£2,267
Based on a loan of £450,000 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

Next Steps

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