
South East
£400,000
Listed on 17/09/2026
Listed on 17/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
At £400,000, this is priced below the local average per square foot, giving project buyers an opportunity to acquire a five-bedroom terraced house beside Reading West station and close to the town centre. Its existing HMO-style arrangement, with several kitchen and bathroom facilities, offers flexibility to retain that use or explore a different layout, subject to the usual consents. The rear outbuilding and yard add further scope to improve the outside space and make better use of the property.
This is a substantial project rather than a cosmetic refresh: dated finishes and ceiling damage or staining appear in several interior views. Although the asking price is attractive against local £/sqf, the purchase-plus-works economics look tight against local benchmarks, so the value-add plan and budget need careful testing.
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Transport
Reading West Rail Station
0.1 miles
Train · Reading
Reading Rail Station
0.9 miles
Train · Reading
Tilehurst Rail Station
1.9 miles
Train · Tilehurst
Reading Green Park
2.1 miles
Train · GreenPark
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
Pricing
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