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See how verdicts work3-bedroom terraced house · RG30 3BX
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sansome & George Reading - Offered with no 'onward chain', this popular ex-local authority 3 double bedroom mid-terrace house with driveway, is in need of updating giving a new owner opportunity to add value and personalise.
Offered to the market with the added advantage of no 'onward chain' complications, this popular ex-local authority mid-terrace house offers an exciting opportunity for a new owner to update to their taste and preference while adding value and salability.
Located in the Southcote area of Reading, the property is ideally positioned being within 1/2 mile of all amenities to include Prospect Park, local shops to include Lidl and Aldi supermarkets, numerous frequent bus services and reputable primary and secondary schools.
This convenient position is also circa 1.5 miles from Reading town centre and 3 miles from the M4 motorway which is a simple commute via the A4 Bath Road nearby.
The property sits behind an established hedge with double wrought iron gates opening to a driveway proving off road parking for one vehicle plus the opportunity for further parking with a lawned area to the side.
A useful door leads to the utility room and a separate door opens to a UPVC double glazed porch which in turn leads to the entrance hall where stairs rise to the first floor.
With well proportioned accommodation throughout, the ground floor offers a generous dual aspect living room which in turn gives access to a rear aspect kitchen.
From the kitchen, a lobby area leads to the back door accessing the rear garden and a also a versatile separate room which could be used as a utility, study, playroom or is often incorporated into the kitchen (subject to necessary consents).
On the first floor, 3 separate double bedrooms are accessed from the landing which also services a rear aspect bathroom and separate WC.
Outside, to the rear of the property, a level garden of approximately 45' (13m) in length is enclosed by wooden fencing/brick walls and is mainly grass with various established shrubs.
Please contact Sansome & George Estate Agents for further information or to arrange a viewing at your earlies convenience. Reading Borough Council - Band C
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
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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 Gainsborough Road, Reading
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