Coventry Road, Reading, Berkshire, RG1
South East
£260,000
Listed on 29/10/2026
Listed on 29/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
792 sqftFeatures
- Garden
Description
Offered with no onward chain, this three-bedroom Victorian terrace in East Reading is described as requiring complete refurbishment. It retains traditional period character and includes a rear garden, with scope for a buyer to modernise the accommodation and adapt it to their needs, subject to any necessary consents.
The property may suit buyers seeking a renovation project, including owner-occupiers and investors. Reading town centre, local amenities and road connections are within reach, and Reading station provides rail services to London Paddington and other destinations.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
55out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £260,000, this three-bedroom Victorian terrace is priced well below the local average on a £/sqf basis, making the asking price a clear acquisition opportunity. Its traditional character, several living spaces and rear garden offer a substantial canvas to reshape and personalise, but the project is heavy: observed rooms have worn, dated finishes, the kitchen and bathroom need major attention, and the garden is overgrown. The bathroom ceiling staining and visible bedroom wall damage also need investigation as part of the works.
The overall score is held back by the economics: once purchase and works are considered, costs look tight against local benchmarks. The intact-looking front elevation and visible roofline are encouraging, and the no-onward-chain sale may suit a buyer ready to take on a full interior programme.
Key opportunities
- Use the Victorian terrace and its three-bedroom layout as a canvas for a coherent whole-house redesign and modernisation.
- Rework the dated kitchen and bathroom, refresh the observed living spaces and bedrooms, and improve the overgrown rear garden to create a more appealing home.
- The asking price is 18.4% below the local average £/sqf, offering a relatively low entry point for the project.
Key risks
- Worn finishes across the observed rooms, substantial kitchen and bathroom work, and garden clearance make this a heavy full-interior programme rather than a cosmetic refresh; allow for significant time and coordination.
- Extensive bathroom ceiling staining and visible bedroom wall damage warrant investigation before finalising the scope.
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Transport
Nearest stations
Reading Rail Station
1.1 miles
Train · Reading
Earley Rail Station
1.6 miles
Train · Earley
Reading West Rail Station
1.9 miles
Train · Reading
Winnersh Triangle Rail Station
2.7 miles
Train · Winnersh Triangle
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£982
Based on a loan of £195,000 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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