Worst House on the Street Logo
Southampton Street, Reading RG1 - Image 1
Southampton Street, Reading RG1 - Image 2
Southampton Street, Reading RG1 - Image 3
Southampton Street, Reading RG1 - Image 4
Southampton Street, Reading RG1 - Image 5
Southampton Street, Reading RG1 - Image 6
Southampton Street, Reading RG1 - Image 7
Southampton Street, Reading RG1 - Image 8
Southampton Street, Reading RG1 - Image 9

Southampton Street, Reading RG1

South East

£250,000

Listed on 03/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
990 sqft

Description

Located in the heart of Reading, this terraced period home offers a promising canvas for renovation and improvement. The layout features two ample reception areas that can be adapted for various living and dining configurations, alongside a kitchen and family bathroom on the ground level. The upper floor hosts two generously sized double bedrooms and an additional bathroom, providing a solid foundation for modernization. While the property does show signs of wear that necessitate refurbishment, it presents an excellent opportunity for those looking to invest in a project that allows for customization according to personal style. Its central location ensures easy access to local amenities, the mainline railway station, and robust transport links, making it a desirable prospect with significant potential for value enhancement.

Investment Analysis

(RG1 area)

Below Market Value

This property is priced -37.2% below area average per sq ft

-37.2%
Potential saving
This Property
£253/sq ft
Area Average
£402/sq ft
Avg Rent (weekly)
£332
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£437,996
10% above area average per sq ft
Potential ROI
+46.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (RG1)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -0.6%
5 year growth: +9.3%
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

Southampton Street, Reading RG1
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.