3 Bed Semi-Detached House, Single Let, Reading, RG4 6LE, £470,000

7 Prospect Street, Caversham, Reading, RG4 8JB - a month ago

Sold STC
BTL
~93 m²
+18 photos

ValuationOvervalued

Sold Prices£286K - £835K
Sold Prices/m²£3K/m² - £6K/m²

 

 

Square Metres

~93 m²
Price/m²£5.1K/m²

Value Estimate

£426,781

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£117,500

Stamp Duty & Legal Fees

£35,700

Total Cash In

£153,200

 

 

Cash Out

 

Rent Range

£1,500 - £2,325

Rent Estimate

£1,650

Running Costs/mo

£1,819

Cashflow/mo

£-169

Cashflow/yr

£-2,025

Gross Yield

4%

Local Sold Prices

50 sold prices from £286K to £835K, average is £392.5K. £3K/m² to £6K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£835K01/230.16 mi248, Henley Road, Caversham, Reading RG4 6LR3
£293K11/220.18 mi47, Alston Walk, Caversham, Reading RG4 5DD3
£415K05/210.19 mi10, Peel Close, Caversham, Reading RG4 5BL3
£505K01/230.2 mi116, Mayfield Drive, Caversham, Reading RG4 5JT3
£286K03/210.21 mi46, Rothwell Walk, Caversham, Reading RG4 5DB3
£350K04/230.21 mi46, Rothwell Walk, Caversham, Reading RG4 5DB3
£345K07/210.22 mi65, Lower Henley Road, Caversham, Reading RG4 5LD3
£435K06/210.26 mi109, Mayfield Drive, Caversham, Reading RG4 5JR3
£400K11/200.26 mi105, Mayfield Drive, Caversham, Reading RG4 5JR3
£493K06/230.26 mi125, Mayfield Drive, Caversham, Reading RG4 5JR3
£580K03/230.26 mi104, Mayfield Drive, Caversham, Reading RG4 5JT3
£450K11/200.26 mi106, Mayfield Drive, Caversham, Reading RG4 5JT3
£492K01/230.26 mi127, Mayfield Drive, Caversham, Reading RG4 5JR3
£307K06/210.27 mi61, Amersham Road, Caversham, Reading RG4 5BP3
£500K01/230.29 mi84, Mayfield Drive, Caversham, Reading RG4 5JT3
£403K05/210.29 mi9, Pembroke Place, Caversham, Reading RG4 5HU3
£400K06/210.3 mi47, Mayfield Drive, Caversham, Reading RG4 5JP3
£432.5K11/210.3 mi45, Mayfield Drive, Caversham, Reading RG4 5JP3
£436K01/230.3 mi132, Meadow Way, Caversham, Reading RG4 5LY3
£370K12/200.3 mi134, Meadow Way, Caversham, Reading RG4 5LY3
£390K04/230.31 mi6, Eccles Close, Caversham, Reading RG4 5BJ3
£395K05/230.33 mi14, Talbot Close, Caversham, Reading RG4 5BN3
£387.5K01/210.34 mi9, Onslow Gardens, Caversham, Reading RG4 5HY3
£387.5K01/210.34 mi9, Onslow Gardens, Caversham, Reading RG4 5HY3
£415K03/210.35 mi23, Donkin Hill, Caversham, Reading RG4 5DG3
£321K01/230.35 mi5, Donkin Hill, Caversham, Reading RG4 5DG3
£400K04/230.37 mi35, Star Road, Caversham, Reading RG4 5BE3
£380K10/200.37 mi78b, Star Road, Caversham, Reading RG4 5BE3
£369.7K12/200.37 mi41, Star Road, Caversham, Reading RG4 5BE3
£390K12/200.37 mi37, Star Road, Caversham, Reading RG4 5BE3
£348.5K02/210.37 mi62, Star Road, Caversham, Reading RG4 5BE3
£420.5K04/230.37 mi25, Star Road, Caversham, Reading RG4 5BE3
£345K05/210.38 mi2, Kildare Gardens, Caversham, Reading RG4 5JA3
£363K01/210.38 mi7, Kildare Gardens, Caversham, Reading RG4 5JA3
£435K08/230.39 mi89, Briants Avenue, Caversham, Reading RG4 5BA3
£385K03/210.39 mi11, Norman Road, Caversham, Reading RG4 5JN3
£385K12/200.4 mi45, Briants Avenue, Caversham, Reading RG4 5AS3
£335K03/210.4 mi30, Briants Avenue, Caversham, Reading RG4 5AS3
£300K02/210.4 mi67, Briants Avenue, Caversham, Reading RG4 5AS3
£375K12/200.41 mi96, South View Avenue, Caversham, Reading RG4 5BB3
£475K02/230.41 mi80, Chiltern Road, Caversham, Reading RG4 5JB3
£325K02/210.41 mi22, Keston Close, Caversham, Reading RG4 5DZ3
£340K12/200.42 mi35, Briants Avenue, Caversham, Reading RG4 5AY3
£435K07/230.43 mi25, Donegal Close, Caversham, Reading RG4 5DT3
£332.5K11/200.43 mi4, Donegal Close, Caversham, Reading RG4 5DT3
£351.5K04/210.43 mi25, Donegal Close, Caversham, Reading RG4 5DT3
£480K10/210.43 mi12, Valentine Crescent, Caversham, Reading RG4 5JJ3
£412K12/220.44 mi6, Marsack Street, Caversham, Reading RG4 5AP3
£430K03/230.44 mi8, Marsack Street, Caversham, Reading RG4 5AP3
£610K01/230.45 mi4, Montague Street, Caversham, Reading RG4 5AU3

Local Rents

15 rents from £1.5K/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65001/250.1 mi-3
£2,00007/240.26 miAnglefield Road, Caversham, Reading, Berkshire, RG43
£2,32503/250.27 mi-3
£1,75007/240.3 miMayfield Drive, Caversham, Reading3
£1,65012/240.31 miEccles Close, Caversham, Reading3
£1,75007/240.34 miOnslow Gardens, Caversham, Reading3
£1,65002/250.4 mi-3
£1,65007/240.41 miBriants Avenue, Caversham, Reading, Berkshire, RG43
£1,69512/240.42 miBriants Avenue3
£1,75007/240.44 miValentine Crescent, Caversham, Reading, RG43
£1,75007/240.44 mi-3
£1,75004/250.51 mi-3
£1,85004/250.57 mi-3
£1,50004/250.58 mi-3
£1,59501/250.58 mi-3

Local Area Statistics

Population in RG4

39,160

Population in Reading

321,187

Town centre distance

1.53 miles away

Nearest school

0.30 miles away

Nearest train station

1.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £470,000

March 15, 2025

Floor Plans

Description

  • Three storey semi-detached house +
  • Three double bedrooms +
  • Two bathrooms ( one en-suite) +
  • Light and airy living room +
  • Kitchen/diner +
  • Separate dining room +
  • Garage & driveway parking +
  • Garden +
  • EPC rating C +
  • Council tax band E +

Set within this quiet cul-de-sac that offers easy access to the centre of Caversham is this three storey semi-detached house. The property boasts generous living space that includes two reception rooms, a kitchen / diner, three double bedrooms and two bathrooms. In addition there is a guest WC and ample storage. To the rear there is an easy to maintain garden overlooking woodland. To the side there is driveway parking and a garage. To appreciate the space on offer call now to view.

Hallway - A good sized hallway with wood effect flooring, under stairs storage, stairs to the first floor and doors to:

Wc - Comprising of a WC, wash hand basin and a window to the side.

Dining Room / Family Room - 4.39m x 2.57m (14'5 x 8'5) - A light and airy room with a double glazed window to the front allowing plenty of natural light, wood effect flooring and ceiling spot lights.

Kitchen / Diner - 4.62m x 3.66m (15'2 x 12'0) - A light and airy kitchen / diner with ample wall and base units with roll top wood effect work surfaces. Inset stainless steel sink and drainer, four ring gas hob, double oven and dishwasher. Recess for the fridge freezer and washing machine. Wood effect flooring, double glazed window and patio doors overlooking the attractive garden.

First Floor Landing - Carpeted, window to the front, storage cupboard, stairs to the first floor and doors to:

Living Room - 4.65m x 3.43m (15'3 x 11'3) - Offering views over the rear garden and woodland is this light and airy room. Wood flooring and two double glazed windows.

Bedroom Three - 2.97m x 2.62m (9'9 x 8'7) - Offering views to the front, carpeted and ample space for wardrobes.

Bathroom - 2.62m x 1.60m (8'7 x 5'3) - A modern and stylish bathroom comprising of a panelled bath, wall mounted shower, WC, wash hand basin and a heated towel rail. Tiled floor, tiled walls and an extractor fan.

Top Floor Landing - Carpeted, cupboard housing the boiler and doors to:

Bedroom One - 4.75m x 3.63m (15'7 x 11'11) - A good sized room with a double glazed window overlooking the attractive woodland, carpeted, ample space for wardrobes and door to the en suite.

En-Suite - 3.07m x 0.71m (10'1 x 2'4) - Comprising of a shower cubical, WC, wash hand basin. Part tiled walls, heated towel rail and an extractor.

Bedroom Two - 3.91m x 3.56m (12'10 x 11'8) - A spacious room with ample space for wardrobes a double glazed window to the front and carpeted.

Garden - An easy to maintain garden that has a paved patio area that is ideal for those summer BBQ's. The garden is mainly laid to lawn with shrub borders. The garden offers views over the woodland to the rear. Door to the garage.

Garage - 5.38m x 2.74m (17'8 x 9'0) - A good sized garage with parking to the front.

Services - Water. Mains
Drainage. Mains
Electricity. Mains
Heating. Gas

Mobile phone. The vendor is not aware of any specific restricted mobile phone coverage

Broadband. Ultrafast, obtained from Ofcom

Agent Details

Nicholas Estate Agents, Caversham

0118 230 1760

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪