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    3. 2 bed terraced house for sale in Eldon Place, Reading RG1
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    1 / 5

    20, Eldon Place, Reading, RG1 4ED

    2-bedroom terraced house · RG1 4ED

    559 sq ftEPC E1 bath
    Asking
    £260,000

    For sale · Reduced £20k (−7.1%) on 10 Oct · Listed 64 days

    Chain freeCharacter
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    About

    The property

    No onward chain complications Set towards the end of a quiet cul-de-sac in Reading’s popular conservation area, this well presented end of terrace Victorian home has undergone various upgrades by the current vendors.

    Ideal for a first time buyer or an investment buyer, the accommodation briefly comprises a living room, full width kitchen with appliances, two double bedrooms and a modern three piece shower room.

    Externally, there is on street parking for permit holders, whilst to the rear, the garden is low maintenance and faces West, making it perfect for entertaining in the spring and summer months.

    A short walk from Reading town centre and the mainline railway station, this attractive character home is also close to Reading University and Royal Berkshire hospital.

    Chain free
    Character

    Key information

    Price per sq ft
    £465/sq ft
    Based on 559 sq ft (52 sq m)
    Floor area
    559 sq ft (52 sq m)
    Reception rooms
    1
    Council tax band
    Band C
    Estimated ~£1,600/year
    EPC rating
    E
    current
    Tenure
    Freehold
    Property age
    Built 1900–1929
    Local authority
    Reading
    Unitary Authority
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
    Rental benchmark

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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

    All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    8/100
    Deal score · weighted
    Watch; deal signals are weak

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market64 days
    8/25
    —
    Seller motivation
    Not scored yet

    Days on market64
    Price reduction-7.1%
    STC fall-through—
    Back to market—
    Agency change—
    Low EPC ratingE
    Listing timeline
    First listedListed at £280,00026 Aug 2026
    Price reduced£280,000 → £260,000 (−7.1%)10 Oct 2026
    Still activeDay 64 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4No HMO Article 4 held

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

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    Location
    More market detail▾
    RG1 · Live market data · terraced only
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    Agent & docs

    Move it forward

    Listing agent
    Prospect - Reading logo
    Prospect - Reading
    listed on zoopla
    01182303819
    24 King Street, Reading, RG1 2HE
    View on zoopla

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    FAQ

    Questions

    About 20, Eldon Place, Reading

    How much is 20, Eldon Place, Reading?
    The asking price is £260,000.
    What kind of property is 20, Eldon Place, Reading?
    A 2-bedroom terraced house in RG1 4ED.

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    Data sources: HM Land Registry · EPC Open Data · Ordnance Survey · ONS and other open data.

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