3-bedroom terraced house · RG1 2TF
Under offerListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this three-bedroom end-of-terrace home occupies a highly convenient position within walking distance of Reading town centre and the mainline railway station.
Offering versatile accommodation and excellent investment potential, the property may also lend itself to conversion into two self-contained flats (subject to the necessary planning permissions and building regulations), benefiting from two independent entrances.
The ground floor comprises a living room, a separate dining room which could alternatively be used as a fourth bedroom, and a spacious breakfast kitchen area providing ample space for everyday living and entertaining, further enhancing the property's versatility.
On the first floor are three well-proportioned bedrooms, a family bathroom, and a separate WC.
Bedroom three benefits from its own independent access via a fire escape leading to a private courtyard, further enhancing the property's flexibility.
Externally, the property enjoys a low-maintenance courtyard garden and benefits from residents' street permit parking.
Situated in a sought-after central location, the property is ideally placed for Reading's extensive shopping and leisure facilities, highly regarded schools, and excellent transport links, Location: Mount Pleasant is on the Southern edge of Reading Town Centre.
It is a one way street running from London Street and Silver Street to its north and into Whitley Street and Basingstoke Road to the South.
Reading is one of the south east's largest towns only 25 minutes from London by train, with trains running every five minutes or so, Reading is home to many of the city's commuters.
Reading also has easy links by road or rail to Swindon, Oxford, Basingstoke, Heathrow and farther afield.
Beyond the hive of commercial activity, Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away.
Reading offers a rich mix of shops and markets.
In the heart of the town, The Oracle combines chic boutiques ,shops & restaurants within a minute's walk there are many high-street favourites including John Lewis and Marks & Spencer.
There are restaurants, cafes and brasseries to suit every taste in Reading. Plus there are additional bars and restaurants on the Oracle Riverside.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Mount Pleasant, Reading, Berkshire, RG1
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