4-bedroom terraced house · RG30 1HL
Listing removedReduced £40k (−10.3%) on 27 MayListed 324 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price: £350,000 - £380,000 ** An exciting opportunity to purchase this spacious four-storey Victorian terrace, ideally located on Oxford Road, close to Reading town centre and the mainline railway station.
Tenure: Freehold Type: Four-Storey Victorian Terraced House (Currently Arranged as Two Self-Contained Apartments) Bedrooms: 4 (Arranged as 2 x Two-Bedroom Apartments) Garden: Large Rear Garden Chain: No Onward Chain Overview This substantial Victorian terraced property, set over four floors, presents an outstanding investment or development opportunity in a prime Reading location.
Currently arranged as two separate, self-contained two-bedroom apartments, the property offers flexibility for rental investment, conversion back into a spacious family home, or further development (subject to planning permission).
Located along Oxford Road, the property benefits from excellent transport links, being within easy reach of Reading town centre and the mainline railway station—ideal for commuters into London and surrounding areas.
The property retains much of its period character while providing practical living accommodation across four levels, complemented by a generous private rear garden.
Accommodation Lower Ground Floor (Basement Level) Currently configured as part of the lower apartment. Features a spacious reception room or potential bedroom area.
Good ceiling height and natural light, offering flexible use as living accommodation, workspace, or storage. Ground Floor Separate entrance for the lower apartment.
Reception room with front aspect window. Fitted kitchen providing functional cooking and dining space. Bathroom with three-piece suite. Access to the rear garden from this level.
First Floor Entry to the upper apartment. Fitted kitchen and separate bathroom. Bright reception room with front aspect window, offering comfortable living space.
Second Floor Two well-proportioned double bedrooms, both with ample natural light and good ceiling heights. Suitable for use as rental bedrooms, guest rooms, or a family setup.
External Features Rear Garden: A substantial private garden extending to the rear, offering potential for landscaping, extension, or additional development (STP).
On-Street Parking: Available along Oxford Road and surrounding residential streets.
Investment and Development Potential Dual Income Stream: With both apartments self-contained, the property offers immediate rental potential from two units.
Freehold Ownership: Provides flexibility for future reconfiguration or conversion back into a single dwelling.
Development Scope: Subject to necessary consents, there is scope for extension, loft conversion, or further enhancement of the existing layout.
No Chain: Ideal for investors or developers seeking a swift transaction.
Location Situated on Oxford Road, this property benefits from close proximity to a range of amenities including shops, supermarkets, cafés, and local schools.
Reading town centre and the Oracle shopping complex are within easy reach, while Reading Mainline Station offers direct services to London Paddington, Oxford, and beyond.
Excellent road links via the A33, M4 motorway, and local bus routes make this an attractive location for professionals, families, and commuters alike.
Viewing is highly recommended to fully appreciate the size and potential of this property.
Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably.
Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria.
Exclusivity Fee: You can secure the purchase today by paying an exclusivity fee of £2,000 which gives you the rights to purchase within a given timeframe.
The exclusivity fee is returned to you upon successful completion of the property.
A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller.
This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.
Disclaimer The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order.
Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc.
photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s).
No assumption should be made with regard to parts of the property that have not been photographed.
Any areas, measurements, aspects or distances referred to are given as a GUIDE ONLY and are NOT precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact.
Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have.
Apartment 1: Living/dining room 12`0.13m x 11`0.28m Kitchen 9`0.28m x 8`0.1m Master Bedroom 15`0.13m x 8`0.08m Bathroom Basement Bedroom 2 11`0.25m x 11`0m Apartment 2 Living/dining room 15`0.15m x 10`0.03m Kitchen 10`0.05m x 7`0.28m Bathroom Bedroom 1 15`0.15m x 10`0.18m Bedroom 2 15`0.15m x 10`0.05m
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
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FAQ
About Oxford Road, Reading, Berkshire, RG30
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