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Oxford Road, Reading, Berkshire RG30 - Image 1
Oxford Road, Reading, Berkshire RG30 - Image 2
Oxford Road, Reading, Berkshire RG30 - Image 3

Oxford Road, Reading, Berkshire RG30

South East

£390,000
Listed on 14/12/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1367 sqft

Description

This substantial four-storey Victorian terrace presents a unique opportunity for investors and developers in a key area of Reading. Currently configured as two self-contained apartments, this property offers flexibility for continued rental income or conversion back into a generous family residence. The ground and first floors feature functional living spaces, while the lower ground could be transformed into additional accommodation or create open-plan areas, capitalizing on its good ceiling height and natural light. The expansive rear garden adds potential for landscaping or even extension (subject to planning permissions). Given its proximity to Reading town centre and mainline railway station, the location is ideal for those seeking convenient transport links while remaining close to local amenities. This property retains much of its original character but could benefit from modern updates throughout, making it an excellent candidate for renovation. With no onward chain, it allows for a swift purchase process, perfect for those ready to capitalize on the investment potential.

Investment Analysis

(RG30 area)

Below Market Value

This property is priced -24.9% below area average per sq ft

-24.9%
Potential saving
This Property
£285/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£307
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£571,331
10% above area average per sq ft
Potential ROI
+19.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (RG30)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 7.5%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on RG30 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

Oxford Road, Reading, Berkshire RG30
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,429
Based on a loan of £292,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE