Flexible investment or family home near station and river walks.
Half-mile walk to Reading station and River Thames parks
Currently let; reported annual rental ~£30,900–£34,500 (c.9% gross yield)
Three storeys: three/four bedrooms and two bathrooms
No onward chain — faster completion possible
EPC approx. Band C; mains gas central heating installed
Medium flooding risk for the area — consider insurance/mitigation
Solid brick walls likely uninsulated; refurbishment/insulation advised
Small rear garden and average internal footprint for a terrace
This three-storey Victorian terrace in Caversham offers flexible accommodation close to Reading station and Thames parkland. Presented as an investment let with an annual rental income report of around £30,900–£34,500 (approx. 9% gross yield), it also converts readily to a family home with three good-sized bedrooms, two bathrooms and a small rear garden.
The house retains period character and benefits from modern additions such as double glazing and a fitted kitchen. Practical positives include two bathrooms, a cellar-level layout allowing flexible reception/bedroom use, on-street parking, and no onward chain which speeds a sale. EPC is about Band C and mains gas central heating serves the property.
Buyers should note a medium flood risk for the area and that the original solid brick walls are assumed uninsulated; further insulation work and general refurbishment may be needed to improve comfort and running costs. The internal footprint is average for an urban terrace and the plot is small, so garden space is limited compared with suburban houses.
For investors the current HMO-style setup and proximity to transport make this a strong yield opportunity. First-time buyers or families who want town-centre access will appreciate the walking distance to Reading station and nearby schools, but should budget for possible upgrade works to maximise long-term value.
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