2-bedroom house · RG1 3LP
Sold STCReduced £7.5k (−2.5%) on 13 AugListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sansome & George Reading - A very well presented Victorian terrace house with south aspect artificial grass rear garden, conveniently located in the New Town area, offering open plan Living Room, modern fitted Kitchen, spacious Ground Floor Bathroom & 2 separate 'double' Bedrooms.
Offered to the market with added advantage of no 'onward chain', this well presented Victorian terrace house is ideally located in the ever popular 'New Town' area.
This convenient location is within walking distance of all amenities to include Palmer Park and sports centre, local shops, cafe's, pubs and restaurants as well as Thames Valley Business Park, Royal Berkshire Hospital, regular Bus Services, the River Thames and Tesco supermarket.
Reading town centre with main line train station is approximately 1 mile to the west, and the A4 Bath Road and A329M linking M4 motorway are within 5 minutes commute by car.
The property is approached via a wrought iron gate to a paved frontage which sits behind a low brick wall.
The front door opens to a useful porch which leads to the dual aspect living room with great natural light and quality stripped wood effect laminate flooring throughout.
Stairs rise to the first floor and an opening leads to the modern side aspect kitchen with a comprehensive range of units and integrated oven and hob.
A door from the kitchen leads to a spacious fully tiled ground floor bathroom with heated towel rail, built in storage and mixer tap shower over the bath.
On the first floor, the landing services 2 double bedrooms with bedroom 2 featuring built in storage plus there is additional storage in the boarded and insulated loft space accessed via a hatch on the landing.
Other general points to note include UPVC double glazed windows throughout and gas fired central heating to radiators (boiler installed 2020).
Outside, the rear garden is enclosed by wooden fencing, enjoys a predominantly southerly aspect and is laid with artificial grass for ease of maintenance.
Please contact Sansome & George Estate Agents for more information or to arrange a viewing appointment at your earliest convenience. Reading Borough Council - Band B
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
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FAQ
About 14, Amity Street, Reading
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