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Hampden Road, Reading RG4

South East

£425,000
Listed on 17/09/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
780 sqft

Description

Nestled in the desirable area of Caversham, this two-bedroom Victorian mid-terrace presents an excellent opportunity for renovation and investment. The home's character is evident in its traditional design, while the current owners have made significant enhancements, including a modern fitted kitchen and a stylish upstairs bathroom that cover essential updates. The interior features bright living spaces that invite a variety of possibilities. This property is particularly appealing to first-time buyers or investors looking for a home with solid bones and room for personal touches. Notably, there has been previous planning permission granted to extend the house (subject to planning permission), paving the way for further development and increased value. Situated on a quiet no-through road, this location fosters a strong community atmosphere while being conveniently close to local amenities. Residents can easily access Caversham's vibrant center, which boasts an array of independent cafés, restaurants, and shops. The proximity to the River Thames and pedestrian footbridge leading to Reading station makes it an advantageous spot for commuters. Westfield Park is also nearby, providing ample opportunities for outdoor activities such as walking dogs, jogging, or enjoying leisurely weekends. Caversham itself is well-regarded for its lively riverside environment and hosts various social events throughout the year, making it not just a place to live but a community to thrive in. This property represents an opportunity to secure a charming home in a sought-after neighborhood with potential for future enhancement and growth.

Investment Analysis

(RG4 area)

Above Market Value

This property is priced +16.3% above area average per sq ft

+16.3%
This Property
£545/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£443
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£42,500 - £106,250
10-25% of property value
Target Value
£402,145
10% above area average per sq ft
Potential ROI
-24.3%
After renovation
Monthly Sales
34
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (RG4)

Area prices are falling by +3.3% over the last 12 months
3 year growth: -0.7%
5 year growth: 12.3%
Investment Disclaimer: Analysis based on RG4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hampden Road, Reading RG4
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