2-bedroom house · RG1 4RQ
Sold STCListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on a popular no-through road within Reading's sought-after Eldon Square Conservation Area, this charming Victorian terrace offers a rare opportunity to enjoy period character in one of the town's most convenient central locations.
Just a short walk from the vibrant cafés, riverside restaurants and shopping at The Oracle, together with Reading's mainline station and Elizabeth Line services, the house is perfectly positioned for both town-centre living and commuting.
The accommodation is arranged over two floors and retains the simple proportions typical of the Victorian era.
The ground floor comprises two separate reception rooms, providing flexible living and dining spaces, alongside a fitted kitchen and a ground-floor bathroom.
Upstairs are two well-proportioned double bedrooms. To the rear, a private courtyard garden provides an attractive, low-maintenance outdoor space.
The property further benefits from double glazing, gas-fired central heating and is offered for sale with no onward chain.
Garden A low-maintenance patio garden with slate and stone chippings that enjoys a high degree of privacy and is ideal for al-fresco dining.
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”
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
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FAQ
About 91, Watlington Street, Reading
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