2-bedroom house · RG30 1HS
For saleReduced £10k (−3.3%) on 13 AugListed 165 days
Opportunity summary
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About
Sansome & George Reading - A popular 2 Bedroom Mid-terrace House located between Reading Town Centre & Tilehurst, offering 2 Reception Rooms, 12'10" (3.9m) Kitchen, 2 double Bedrooms and separate 1st floor Bathroom/Dressing Room - complemented by westerly aspect Rear Garden Located approximately 2 miles to the west of Reading town centre, bordering the suburb of Tilehurst, this Victorian mid-terrace house is conveniently situated within a wealth of conveniences available to include several bus services, 24 hour gym, shops, supermarkets, pubs, cafes and restaurants plus reputable schools, and green spaces all being nearby.
Both Tilehurst train station and Reading West train station are each approximately 1 mile away. Being of 845 sq. Ft. (79 sq.
M.) overall, the ground floor accommodation comprises of 2 separate and versatile reception rooms which are accessed from the the entrance hall.
Stairs from the dining room rise to the first floor landing and a door leads to a generous 12'10" (3.9m) kitchen. A side aspect door opens to a handy lean to area which leads to the rear garden.
On the first floor, the landing services bedroom 1, which spans the front of the property and includes a built in wardrobe and original cast iron feature fireplace, the rear aspect 2nd bedroom with fitted wardrobe, and a separate rear aspect bathroom also with fitted wardrobe creating a dressing area, which then opens to the bathroom area with rear aspect window, shower over bath and fitted vanity unit with inset wash basin, w/c and further storage.
The property has UPVC double glazing throughout and central heating to radiators via a gas fired 'combi' boiler (n/t) located in the bathroom.
Outside, the rear garden boasts a westerly aspect and is enclosed by wooden fencing with paved patio, soil beds and a path leading to two garden sheds.
To the front, the paved frontage sits behind a low brick wall with a quarry tiled path to the front door under an open covered porch.
Please contact Sansome & George for further information and to schedule a viewing appointment. Reading Borough Council - Band C
Value & comps
No previous sales on record.
Returns
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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 39, Pangbourne Street, Reading
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