2-bedroom house · RG1 2RE
Listing removedListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this charming two-bedroom Victorian terrace is tucked away in a quiet no-through road on the southern edge of Reading town centre, making it an ideal purchase for first-time buyers and investors alike.
Conveniently situated on Waldeck Street, approximately half a mile from The Oracle shopping and leisure complex, the property enjoys excellent access to Reading town centre, the mainline railway station, local amenities and transport links.
Accommodation comprises two reception rooms, a fitted kitchen and a ground floor bathroom. Upstairs, there are two double bedrooms.
Externally, the property benefits from a private rear terrace garden, providing a low-maintenance outdoor space ideal for relaxing or entertaining, while residents' permit parking is available on the road.
Combining period character with a highly convenient location, this attractive Victorian home presents an excellent opportunity for those looking to step onto the property ladder or secure a strong investment in a sought-after central Reading location.
Location: Waldeck Street is located off Southampton Street (A327) on the Southern edge of Reading Town Centre just over half a mile from the Oracle shopping and entertainment complex.
Reading station is a mile away and offers direct access to London Paddington in just over 20 minutes.
Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away.
Reading offers a rich mix of shops and markets. In the heart of the town, The Oracle combines chic boutiques with Riverside dining options, bars and the Hollywood Bowl entertianment centre.
Within a minute's walk there are many high-street favourites including John Lewis and Marks & Spencer.
In the surrounding countryside you will also find farm shops and microbreweries selling an array of local produce. There are restaurants, cafes and brasseries to suit every taste in Reading.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 116, Waldeck Street, Berkshire
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