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Mount Pleasant, Reading RG1

South East

£270,000
Listed on 05/04/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
1588 sqft

Description

This end-of-terrace property presents a significant opportunity for renovation, situated conveniently near the heart of Reading and its mainline station. With a layout that includes an entrance hall, a sitting room, a dining room, and a kitchen, along with a downstairs bathroom and two additional rooms that could serve as bedrooms, there is ample scope to reconfigure and modernise the space according to contemporary standards. The first floor features three bedrooms and a separate bathroom. Externally, the property boasts a courtyard garden with side access, enhancing its appeal as a potential family home or investment opportunity. However, it requires comprehensive refurbishment and is being sold as-is; therefore, cash buyers only are invited to consider this prospect. Article 4 restrictions apply. The services and appliances have not been tested.

Investment Analysis

(RG1 area)

Below Market Value

This property is priced -58.3% below area average per sq ft

-58.3%
Potential saving
This Property
£170/sq ft
Area Average
£408/sq ft
Avg Rent (weekly)
£329
Avg Yield
6.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£712,345
10% above area average per sq ft
Potential ROI
+97.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RG1)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -0.1%
5 year growth: +10.2%
Investment Disclaimer: Analysis based on RG1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Mount Pleasant, Reading RG1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£956
Based on a loan of £202,500 over 30 years at 3.91% 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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