2-bedroom house · RG4 8HY
Listing removedReduced £100 (−6.3%) on 23 JunListed 198 days · slow let
Opportunity summary
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About
Property Reference: 2856328. A larger than average 2 double bedroom terraced house, (83 sqm) with two separate reception rooms and separately approached upstairs bedrooms and bathroom.
Located in a traffic free Caversham Village street, close to Waitrose, village shops, pubs, restaurants and coffee shops. The property is double glazed and with a Worchester Bosch gas central heating.
Approximately half a mile from mainline station or 14 min walk Unfurnished, available 5th May 2026 Front gate, with pathway leading to front door, enclosed by brick wall and concrete based floor.
Hallway Double glazed front door leading into hallway, to the lounge, turning stairwell, dining room and kitchen. White wooden floor.
Living room 11'2 (3.4m) x 10'3 (3.12m) South facing double glazed window, with white plantation blinds, fire place, carpeted wooden floors, radiator, TV Point dining room 11'2 (3.4m) x 10'3 (3.12m) Window facing the back garden, radiator, door leading to under stairs storage cupboard.
Kitchen 9'7 (2.9m) x 7'6 (2.3m) Fitted with work tops and kitchen units, single drainer sink unit, built-in electric hob with extractor hood above, electric oven, washing machine, undercounted fridge and separated freezer, tiled floor, window facing garden, back door into garden.
Staircase to first floor landing Access to loft space via pull down ladder.
Bedroom 1 13'5 (4.9m) x 11'1 (3.4m) Lovely extra large double bedroom, twin south facing double glazed windows, carpeted wooden floor, radiator.
Bedroom 2 11'3 (3.4m) x 10'3 (3.2m) Large double bedroom, with double glazed window overlooking rear garden, carpeted wooden floor and radiator bathroom 9'7 (2.92m) x 7'7 (2.31m) White bath suit, toilet, basin with overhead cupboard, free standing shower, radiator.
Rear garden Enclosed with panel fencing, laid to lawn with shrub borders, pathway leading to brick built store room.
Parking On street permit parking (arranged directly with the council) Council tax Band C Procedure To qualify financially for this property, the tenants must have a salary level either individually or combined that is not less than 30 times the monthly rent.
The minimum required salary for this property is £ 48 000 .00 per annum.
Special conditions No smoker, no pets, No Children summery of Costs Holding deposit £ 369.00 (will go on to form part of main deposit) Deposit £ 1 846.00 First months Rent £ 1 600.00 Summary & Exclusions: - Rent Amount: £1,600.00 per month (£369.23 per week) - Deposit / Bond: £1,846.00 - 2 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 05 May 2026 - Minimum tenancy term is 12 months - Maximum number of tenants is 4 - No Students - No Pets, sorry - No Smokers - Not Suitable for Families / Children - Bills not included - Property has parking - Property has garden access - EPC Rating: C If calling, please quote reference: 2856328 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Property Reference two million eight hundred and fifty-six thousand three hundred and twenty-eight
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About South Street, Caversham, Reading
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