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See how verdicts work4-bedroom house · RG1 7RS
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A four-storey period townhouse within the Castle Hill & Russell Street Conservation Area, an area known for its cohesive Victorian architecture.
The house sits behind an elegant canopied veranda, softened by established wisteria, part of a terrace of homes built by the Jesse family in the 1870s.
The property now offers scope for comprehensive refurbishment, both internally and externally, including the rear garden, which requires attention.
Original features remain in place, including fireplaces, internal shutters and decorative cornicing, providing a clear sense of the building’s period character.
The location is particularly well placed for those seeking a central yet established residential setting, with the town’s shops, restaurants and mainline station all within walking distance.
The accommodation is arranged over four floors and is well proportioned throughout.
The ground floor provides two linked reception rooms: A front living room with internal shutters, fireplace and French doors opening onto the veranda, and an adjoining family room, also with a fireplace.
The lower level includes a kitchen and a dining room, the latter having been affected by previous water ingress and now requiring renewal.
There are four bedrooms arranged over the upper floors, with two on the first floor and a further two on the top floor. Offered to the market with no onward chain.
Garden The walled garden requires attention with a paved patio and a low level wall separating the original lawned garden that has a timber shed and greenhouse.
There is a rear pedestrian gate leading to a communal passageway.
Additional Information: Parking On-street parking requires residents and visitors permits which are issued upon application by Reading Borough Council, charges apply, for an up to date list of charges please check "permit charges" Property construction – Standard form Services: Gas - mains Water – mains Drainage – mains Electricity - mains Heating - Gas central heating Broadband connection available (information obtained from Ofcom): Ultrafast – Fibre to the premises (FTTP) Mobile phone coverage For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker” The property is located in a conservation area and is subject to Article 4 restrictions that remove the permitted development rights in relation to creating Houses in Multiple Occupation.
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.
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FAQ
About Jesse Terrace, Reading
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