Summary - COLEY PRIMARY SCHOOL, WOLSELEY STREET RG1 6AZ
2 bed 1 bath Terraced
Compact renovation opportunity near Reading station and M4 links.
- Vacant freehold; sold via online auction, six-week completion
Offered for sale by online auction with a six-week completion, this vacant two-bedroom Victorian terrace is a straightforward freehold purchase for investors or renovators. The house requires full modernisation but presents clear upside through refurbishment and rental or resale in a well-connected town-centre location.
The property is compact (c.511 sqft) with two reception rooms, kitchen, two bedrooms and a bathroom across two storeys. Construction is solid brick with internal insulation and double glazing added post-2002; current heating is electric room heaters which will likely need upgrading. The house is sold vacant, so refurbishment works can start immediately after purchase.
Location is a major strength: Wolseley Street sits close to Reading town centre, Reading Mainline Station and the M4 (J10/J11) offering fast rail and road links to London, Heathrow and the West Country. Local amenities, schools (including nearby Good and Outstanding-rated primaries and an Outstanding secondary), shops and leisure facilities are all within easy reach, supporting lettings or resale demand.
Note the property sits in an area described as deprived with above-average crime levels — that will affect lettings and resale values and should factor into refurbishment budgets and rental pricing. The house is small and dated internally with visible wear, so buyers should allow for full decorator and mechanical upgrades (heating, electrics, kitchen and bathroom) when assessing total investment required.
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