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London Road, Reading, Berkshire, RG1 - Image 1
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London Road, Reading, Berkshire, RG1

South East

£1,250,000

Listed on 21/08/2026

The listing

Property details

Bedrooms
N/A
Type
Detached
Area
4309 sqft

Features

  • Garden
  • Parking

Description

This substantial property presents a significant opportunity for redevelopment, sitting on an expansive plot of around one-third of an acre. Previously utilized as a veterinary practice and more recently as a Christian school, the building spans over three floors with a total area exceeding 5,600 sq ft. It currently houses two residential apartments: a two-bedroom and a three-bedroom unit, generating an annual rental income of approximately £35,000. Given its considerable size and existing residential units, the property holds excellent potential for further residential development or continued commercial use, pending appropriate planning approvals. The surrounding area benefits from key amenities including schools and parks, enhancing its attractiveness to future occupants or tenants. The property is equipped with essential services such as water, gas, electric, and mains drainage.

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Map

Location

London Road, Reading, Berkshire, RG1
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,722
Based on a loan of £937,500 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.

Tax

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