2-bedroom terraced house · RG4 8HY
Sold STCListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One of the wider designed Victorian terraces peacefully positioned in a no through terraced street in the very centre of Caversham, just steps from local shops and amenities, just over half a mile from Reading station.
No chain SITUATION This property is a short walk from local amenities including the public library, doctors- surgery, dental practice, Thameside Primary School and an excellent range of small restaurants, pubs, local shops and Waitrose supermarket.
There are frequent bus services to Reading and beyond. Nearby, Christchurch Meadows and the Thames Towpath provide extensive opportunities for walking, cycling and sporting activities.
There is easy access to Reading mainline station with journey times to London Paddington approx.
25 minutes and has been further complemented with the arrival of Crossrail that offers direct routes to the central areas of the City of London ENTRANCE Covered entrance porch with quarry tiled step and front door with double glazed insert to RECEPTION HALL With staircase to first floor with understairs storage area housing meters LIVING ROOM With front aspect double glazed window, radiator, built in recessed cupboard DINING ROOM With rear aspect double glazed window, radiator and understairs storage cupboard Archway through to KITCHEN Comprising single drainer stainless steel sink unit with drawers and cupboards under, further base units with gas cooker appliance space, rear aspect double glazed window, and radiator Door to COVERED LEAN-TO With light and power, plumbing for washing machine and water tap STAIRCASE FROM RECEPTION HALL TO FIRST FLOOR LANDING With access to loft space above BEDROOM ONE With twin front aspect double glazed windows, radiator, built in recessed cupboard BEDROOM TWO With rear aspect double glazed window, built in recessed cupboard and covered fireplace BATHROOM White suite comprising panelled bath, wash hand basin with cupboard space below, W.C., contrasting tiled surrounds, radiator, built in cupboard housing gas boiler and rear aspect double glazed window REAR GARDEN At the rear of the property is an enclosed garden with timber fencing and brick retained wall to the rear, extending approximately 40ft.
with brick built storage shed OUTSIDE The front of the property is entered via a wrought iron gate with pathway leading to the front door.
There is a small paved garden area with brick retained wall TENURE Freehold SCHOOL CATCHMENT Thameside Primary School Highdown School and Sixth Form Centre COUNCIL TAX Band C FREE MORTGAGE ADVICE We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access a variety of mortgage rates from leading Banks and Building Societies.
For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on
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.
Area
Agent & docs
FAQ
About South Street, Caversham, Reading
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