Grafton Road, Reading
South East
£350,000
Listed on 10/10/2026
Listed on 10/10/2026
The listing
Property details
Bedrooms
2Type
End Of TerraceArea
840 sqftFeatures
- Garage
- Garden
- Parking
Description
This two-bedroom end-of-terrace house is offered with no onward chain and is within walking distance of Tilehurst Village amenities and regular bus services. Reading town centre is around four miles away, with access to the M4 via the A4 Bath Road. The property has been in the same family since it was built and is now being offered for sale on the open market for the first time.
The ground floor includes an entrance hall, a well-proportioned living room opening into a dining area, and a fitted kitchen with appliance space and external access. A temporary WC has been installed in part of the dining area and could be removed if not required. Upstairs are two bedrooms and a fitted shower room.
Outside, the frontage includes a driveway, garage and front garden. The enclosed rear garden has patio and lawn areas, a shed and boundary fencing. The house has been cared for but would benefit from redecoration and cosmetic updating, offering scope for a purchaser to modernise the existing accommodation. Council tax is Band C.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
43out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a clean, usable two-bedroom home with a clear but manageable modernisation canvas: dated wallpaper, panelling and flooring offer scope to refresh the living areas and bedrooms, while the fitted kitchen is serviceable and the relatively modern shower room appears intact. The driveway, garage and enclosed garden add practical appeal, and the temporary WC in the dining area could be removed if it is not wanted.
The main constraint is the price: at £417/sq ft, the asking price is above the local £381/sq ft benchmark, and purchase plus the renovation midpoint looks tight against local benchmarks. That makes the overall opportunity limited despite the straightforward cosmetic scope and useful fundamentals; buyers will need to be disciplined on price and improvement costs.
Key opportunities
- Refresh the dated wallpaper, timber panelling and carpets to give the living and bedroom spaces a more current feel.
- The fitted kitchen is clean and usable, allowing a buyer to update its finishes over time rather than start with a full replacement.
- Make use of the driveway, garage and enclosed garden, with modest scope to improve the patchy lawn and remove the temporary dining-area WC if desired.
Key risks
None recorded.
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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
£1,322
Based on a loan of £262,500 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.
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