4-bedroom house · RG1 7RS
Listing removedListed 263 days
Opportunity summary
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About
An impressive four-storey period townhouse set within the highly regarded Castle Hill & Russell Street Conservation Area.
These attractive homes were constructed by the Jesse family in the 1870s and are instantly recognisable by their elegant concave, metal-roofed verandas and front gardens enclosed by traditional railings.
The location is particularly appealing to buyers seeking a central yet characterful setting, with the town’s shops, restaurants and mainline station all within comfortable walking distance.
The accommodation is both generous and well balanced.
The principal living room is a standout feature, complete with internal shutters, a fireplace and French doors opening onto the veranda, and is complemented by an adjoining family room, also with a fireplace.
The ground floor provides a sociable kitchen with central island, opening through to a dining room featuring a fireplace and quarry-tiled flooring.
There are four bedrooms arranged over the upper floors. The principal bedroom occupies the first floor along with the family bathroom and benefits from an en suite bathroom.
The three further bedrooms are located on the second floor.
The property retains a wealth of original period features, including fireplaces and sash windows, and is offered to the market with no onward chain.
Garden - The walled garden offers the opportunity for the incoming purchasers to design the garden to their own style and specification.
There is pedestrian rear gated access leading to a shared passageway whilst to the front of the property there is a covered veranda with railings and an area of garden enclosed by railings with a tiled pathway.
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 reading.gov.uk "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 grade II listed The property is located in a conservation area and is within an Article 4 designated area
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 Jesse Terrace, Reading, RG1
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