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4 River Road, Reading, RG1 2NF - Image 1
4 River Road, Reading, RG1 2NF - Image 2

4 River Road, Reading, RG1 2NF

South East

£130,000Guide Price

Listed on 16/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

This vacant freehold two-bedroom terraced house offers significant potential for refurbishment and investment in a highly desirable central Reading location. While the property requires modernisation throughout, it presents an ideal canvas for investors, developers, or those wishing to create a character-filled home. The ground floor features two reception rooms along with a fitted kitchen, while the first floor offers two well-proportioned bedrooms and a family bathroom. Each area is ready for contemporary updates, allowing for excellent scope to enhance both aesthetics and value. Externally, the low-maintenance rear paved garden provides a private outdoor space that could be transformed into an attractive courtyard or landscaped retreat. Located conveniently close to Reading town centre, this property benefits from easy access to an array of amenities including shopping centres, restaurants, and leisure facilities. Furthermore, Reading railway station is within close proximity, offering quick transport links to London Paddington and other regions across the South East. With major roads such as the A329(M) and M4 nearby, as well as picturesque riverside walks along the River Thames and River Kennet, this locale is appealing not just to investors but also to potential owner-occupiers seeking a vibrant community atmosphere.

Investment analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
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

4 River Road, Reading, RG1 2NF
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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
£491
Based on a loan of £97,500 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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