3-bedroom house · RG1 2BL
For saleReduced £20k (−4.7%) on 4 OctListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the distinctive Old British School development on Southampton Street, this leasehold townhouse-style home offers spacious and versatile accommodation arranged over four floors, combining a central Reading location with the feel of a private home.
The property benefits from its own entrance, allocated parking, communal gardens and a private roof terrace, making it a rare option for buyers seeking more individuality and outdoor space than a typical town-centre apartment.
The first floor provides three well-proportioned bedrooms, including a Master bedroom with en-suite shower room, alongside a separate family bathroom.
The second floor is dedicated to a generous open-plan kitchen, living and dining area, creating a bright and sociable space for everyday living and entertaining.
The kitchen includes built-in appliances and stone worktops, while the open-plan layout gives the room a practical and contemporary feel.
A key highlight is the top-floor roof terrace, accessed from a glazed garden room.
This private outdoor space offers open views across Reading and provides an excellent setting for relaxing, outdoor dining or entertaining.
The location is highly convenient, with Reading town centre, The Oracle, Broad Street, cafés, restaurants, shops and leisure facilities all within easy reach.
Nearby parks and historic areas, including Forbury Gardens and the Abbey Quarter, add further lifestyle appeal.
Reading station is easily accessible, offering excellent rail links including fast services to London Paddington and Elizabeth line connections.
The property is also well placed for road access via the A33 and M4.
With three bedrooms, two bathrooms, allocated parking, a private roof terrace and a central location, this is a distinctive townhouse-style home offering space, practicality and strong lifestyle appeal in the heart of Reading.
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
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FAQ
About 14, 153, Southampton Street, Reading
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