Priory Avenue, Caversham, Reading
South East
£500,000
Listed on 12/11/2026
Listed on 12/11/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
1600 sqftFeatures
- Garden
- Parking
Description
This three-bedroom terraced house offers approximately 1,600 sq ft of accommodation arranged over three floors, in a convenient Caversham location. The ground floor includes an entrance hall, cloakroom, sitting room, family room, dining room and kitchen. The kitchen has granite worktops and French doors opening onto a raised brick patio and the rear garden. Feature fireplaces and picture rails are among the period details.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
79out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £500,000, this 1,600 sq ft Caversham terrace is priced at £313/sq ft, around 33% below the local average—a strong opportunity to acquire a substantial home at a discount. Its three floors include several reception spaces, three double bedrooms and a usable loft room, while original features, a new boiler and the enclosed garden with raised patio add to the appeal.
The house is occupied and usable, with a medium-scale modernisation project in dated finishes, including the kitchen and bathroom, plus some worn flooring and garden clearing. The Caversham setting close to shops, the river and Reading station is another draw; the main trade-off is an average location score despite those conveniences.
Key opportunities
- Modernise the dated kitchen and bathroom finishes to give the home a more cohesive, contemporary feel.
- Refresh worn carpets and flooring while retaining character features such as the fireplaces, picture rails and sash windows.
- Clear and improve the enclosed rear garden, making better use of its raised patio, established shrubs and productive plum tree.
Key risks
None recorded.
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Transport
Nearest stations
Reading Rail Station
0.7 miles
Train · Reading
Reading West Rail Station
1.1 miles
Train · Reading
Tilehurst Rail Station
2.3 miles
Train · Tilehurst
Reading Green Park
3.1 miles
Train · GreenPark
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 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£2,043
Based on a loan of £375,000 over 30 years at 5.13% 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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