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Carlisle House, Oxford Road, Reading - Image 1
Carlisle House, Oxford Road, Reading - Image 2
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Carlisle House, Oxford Road, Reading

South East

£1,000,000

Listed on 02/10/2026

The listing

Property details

Bedrooms
7
Type
Detached

Features

  • Garden

Description

This three-storey Grade II listed Gothic Revival villa is set within private walled grounds close to central Reading. Built in the mid-19th century as a manse, it was later converted into four apartments and is currently registered as four flats under the freehold title, each with its own title and council tax band. The property extends to approximately 4,700 sq ft, including a large basement, and is arranged with four ground-floor reception rooms and seven bedrooms on the upper floors. The listing also identifies several rooms that could be used as bathrooms. Period details include feature windows, fireplaces and stripped wood flooring. The house has mains water, drainage and electricity; the heating arrangements are to be confirmed, and services and appliances have not been tested. The garden is mainly laid to lawn and has access to Oxford Road. Planning consent was granted in 2023 for conversion into four one-bedroom and two two-bedroom apartments, but that consent has lapsed. Any future conversion or alternative use would therefore require planning feasibility and the relevant listed-building and other consents to be checked. The property presents a substantial refurbishment and configuration project, with scope to assess it as a single dwelling or for a consented multi-unit scheme.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

74out of 100
Grade BGood opportunity

Confidence: MEDIUM

At £1,000,000, Carlisle House is offered at around £213 per sq ft, well below the local average of £402 per sq ft—an unusually low entry point for a distinctive Grade II listed Gothic Revival villa with about 4,700 sq ft, generous private grounds and substantial period character. The stone façade and pitched roof appear broadly intact, while fireplaces, mouldings and feature windows give a future owner plenty to work with.

Key opportunities

  • Rework the former multi-apartment layout into a substantial family home, subject to feasibility and any required consents; the lapsed consent for six apartments is not current approval.
  • Restore and showcase the Gothic Revival details, including period fireplaces, mouldings, feature windows and the stone exterior.
  • Bring the mature, walled grounds back into use by clearing overgrowth and improving the rough paths and hardstanding.

Key risks

  • Extensive stripped and deteriorated finishes across multiple rooms, unfinished ceilings and a rough garden make this a £150,000–£300,000 works programme, not a cosmetic refresh; allow for the time and coordination involved.
  • Grade II listing and the former apartment arrangement mean any proposed layout changes need careful feasibility checks and the relevant consents.

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Map

Location

Carlisle House, Oxford Road, Reading
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Finance

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

£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,778
Based on a loan of £750,000 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.

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