We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom terraced house · RG1 2NX
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Introducing this substantial and versatile four-bedroom Victorian home, ideally positioned within easy reach of Reading town centre and the train station, and offered with the advantage of a closed onward chain.
Arranged over three floors, the property provides generous and flexible accommodation ideally suited to modern family living.
The ground floor comprises a spacious living room, separate dining room and a recently refitted kitchen.
The upper floors provide four double bedrooms together with an impressive family bathroom, featuring a freestanding roll-top bathtub and his-and-hers hand basins.
Carefully maintained and improved by the current owners, the property retains a wealth of attractive period character, including feature fireplaces and traditional detailing throughout.
Outside, the generous west-facing rear garden provides an excellent extension of the living space, with separate areas for relaxing, dining and entertaining.
Residents' permit street parking is available locally.
Combining the character and proportions of a Victorian home with a highly convenient location and the significant benefit of a closed onward chain, early viewing is strongly recommended.
Location: Pell Street can be found off Southampton Street on the fringes of Reading Town Centre.
A short walk distance to the Oracle shopping and entertainment complex the location is well suited to people requiring access to the Town Centre.
The area is made up of predominantly Victorian terrace properties housing young professionals and families.
Reading is one of the south east's largest towns only 25 minutes from London by train, with trains running every five minutes or so, Reading is home to many of the city's commuters.
Reading also has easy links by road or rail to Swindon, Oxford, Basingstoke, Heathrow and farther afield.
Beyond the hive of commercial activity, 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 and shops and within a minute's walk there are many high-street favourites including John Lewis and Marks & Spencer.
There are restaurants, cafes and brasseries to suit every taste in Reading. Plus there are numerous bars and restaurants on the Oracle Riverside.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 51, Pell Street, Reading
Explore nearby