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Kings Road, Caversham, Reading RG4

South East

£300,000

Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
853 sqft

Description

This Victorian terrace presents an intriguing opportunity for savvy investors or buyers looking for a project in a prime location. Situated on the borders of Caversham and Reading Town Centre, this property is just under a mile from amenities including the train station and scenic River Thames. With no onward chain, you can explore the full potential of this residence without delay. The home retains charming original features, accessible via a traditional quarry tiled path leading up to the front door. Inside, you're greeted by an entrance hall that leads to a front living room complete with a box bay window and fireplace, ideal for restoration. The separate dining room provides access to a side kitchen and a rear garden, offering excellent scope for reconfiguration or modernisation. On the first floor, three rooms are arranged in a functional 2+1 layout, providing versatility whether you're looking to create additional bedrooms or workspaces. The enclosed garden measures approximately 45 feet in length, presenting an excellent opportunity for landscaping or outdoor living enhancements. With its characterful features and promising potential, this property is perfectly poised for refurbishment. Whether you aim to personalise it for yourself or tap into the rental market, this home could be transformed into a valuable asset.

Investment Analysis

(RG4 area)

Below Market Value

This property is priced -25.2% below area average per sq ft

-25.2%
Potential saving
This Property
£352/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£355
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£440,954
10% above area average per sq ft
Potential ROI
+27.8%
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
14%
Properties sold annually

Local Market Trend (RG4)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -3.2%
5 year growth: +7.5%
Investment Disclaimer: Analysis based on RG4 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

Kings Road, Caversham, Reading RG4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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