2 Bed Terraced House, Planning Permission, Reading, RG1 5QJ, £295,000

Blenheim Gardens, Reading, Berkshire, RG1 5QJ - 20 days ago

Planning

ROI: 1%

~68 m²

+6 photos

ValuationOvervalued

Sold Prices	£217K - £410K
Sold Prices/m²	£3K/m² - £6K/m²

Square Metres	~68.11 m²
Price/m²	£4.3K/m²
Value Estimate	£288,513£288,513

Investment Opportunity

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£73,750£73,750
Stamp Duty & Legal Fees	£18,200£18,200
Total Cash In	£91,950£91,950

Cash Out
Rent Range	£1,200 - £3,400£1,200 - £3,400
Rent Estimate	£1,259
Running Costs/mo	£1,194£1,194
Cashflow/mo	£65£65
Cashflow/yr	£784£784
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £217K to £410K, average is £280K. £3K/m² to £6K/m², average is £4.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£290K	12/20	0.01 mi	118, Blenheim Gardens, Reading RG1 5QJ	£4,831	60	2	Semi-Detached House
£245K	03/21	0.01 mi	116, Blenheim Gardens, Reading RG1 5QJ	£4,804	51	2	Semi-Detached House
£257K	01/21	0.01 mi	100, Blenheim Gardens, Reading RG1 5QJ	£4,431	58	2	Terraced House
£265K	09/21	0.03 mi	76, Foxhill Road, Reading RG1 5QR	-	-	2	Terraced House
£262.3K	10/20	0.03 mi	80, Foxhill Road, Reading RG1 5QR	£4,601	57	2	Terraced House
£268K	04/21	0.03 mi	74, Foxhill Road, Reading RG1 5QR	£5,025	53	2	Terraced House
£295K	04/21	0.05 mi	85, Foxhill Road, Reading RG1 5QR	£4,338	68	2	Terraced House
£262.5K	10/21	0.08 mi	9, Blenheim Gardens, Reading RG1 5QG	£4,102	64	2	Terraced House
£312K	12/21	0.09 mi	66, Hatherley Road, Reading RG1 5QE	£4,105	76	2	Terraced House
£320K	03/21	0.09 mi	94, Hatherley Road, Reading RG1 5QE	£3,810	84	2	Terraced House
£310K	01/21	0.09 mi	83, Hatherley Road, Reading RG1 5QE	£3,523	88	2	Terraced House
£290K	12/20	0.1 mi	45, Cardigan Road, Reading RG1 5QL	£4,603	63	2	Terraced House
£375K	01/23	0.22 mi	4, Hatherley Road, Reading RG1 5QA	£5,068	74	2	Terraced House
£340K	04/23	0.29 mi	48, Carnarvon Road, Reading RG1 5SD	£3,736	91	2	Terraced House
£312K	11/20	0.3 mi	72, De Beauvoir Road, Reading RG1 5NP	£3,900	80	2	Semi-Detached House
£338K	06/21	0.31 mi	3a, Eastern Avenue, Reading RG1 5RU	£5,121	66	2	Detached House
£300K	07/23	0.37 mi	44, Granby Gardens, Reading RG1 5RT	£4,412	68	2	Terraced House
£255K	09/21	0.39 mi	28, Granby Gardens, Reading RG1 5RT	£3,592	71	2	Terraced House
£262K	02/21	0.39 mi	8, Crescent Road, Reading RG1 5SP	£3,743	70	2	Terraced House
£237K	12/20	0.51 mi	41, Cumberland Road, Reading RG1 3LB	£3,038	78	2	Terraced House
£261K	03/23	0.52 mi	24, Regent Street, Reading RG1 3NN	£4,015	65	2	Terraced House
£250K	02/21	0.53 mi	28, Amity Road, Reading RG1 3LJ	£4,630	54	2	Terraced House
£275K	02/23	0.54 mi	88, Orts Road, Reading RG1 3JS	£4,435	62	2	Terraced House
£300K	07/21	0.55 mi	13, Montague Street, Reading RG1 4JH	£6,000	50	2	Terraced House
£300K	01/21	0.58 mi	22, Victoria Street, Reading RG1 4NQ	£4,167	72	2	Terraced House
£410K	02/23	0.58 mi	30, Radstock Road, Reading RG1 3PS	-	-	2	Terraced House
£300K	06/21	0.59 mi	25, Radstock Road, Reading RG1 3PS	£3,409	88	2	Terraced House
£217K	03/21	0.59 mi	23, Eldon Terrace, Reading RG1 4DX	-	-	2	Terraced House
£240K	02/21	0.6 mi	97, Cumberland Road, Reading RG1 3JT	£3,582	67	2	Terraced House
£245K	01/21	0.6 mi	12, Woodstock Street, Reading RG1 3JU	£3,889	63	2	Terraced House
£252.5K	01/21	0.6 mi	101, Cumberland Road, Reading RG1 3JT	-	-	2	Terraced House
£300K	04/21	0.6 mi	18, Bishops Road, Reading RG6 1NP	£3,529	85	2	Terraced House
£270K	03/21	0.61 mi	66, Filey Road, Reading RG1 3QQ	£3,140	86	2	Terraced House
£299.6K	08/21	0.62 mi	20, Eldon Street, Reading RG1 4EA	£4,280	70	2	Terraced House
£305K	01/23	0.62 mi	24, Eldon Street, Reading RG1 4EA	£5,980	51	2	Terraced House
£235.5K	07/21	0.62 mi	112, Amity Road, Reading RG1 3LL	£3,738	63	2	Terraced House
£285K	04/23	0.62 mi	142, Amity Road, Reading RG1 3LL	£4,432	64	2	Terraced House
£226K	11/20	0.63 mi	34, Norton Road, Reading RG1 3QJ	£3,705	61	2	Terraced House
£245K	10/20	0.63 mi	76, Norton Road, Reading RG1 3QJ	£4,153	59	2	Terraced House
£263K	04/23	0.63 mi	68, Norton Road, Reading RG1 3QJ	-	-	2	Terraced House
£315K	12/20	0.64 mi	15, Manchester Road, Reading RG1 3QE	£3,281	96	2	Terraced House
£286.8K	04/21	0.65 mi	8, Eldon Place, Reading RG1 4ED	£5,032	57	2	Semi-Detached House
£250K	10/21	0.65 mi	28, Princes Street, Reading RG1 4EG	£5,000	50	2	Terraced House
£265K	01/23	0.65 mi	67, Norton Road, Reading RG1 3QH	£4,389	60	2	Terraced House
£305K	03/23	0.65 mi	37, Norton Road, Reading RG1 3QH	£5,177	59	2	Terraced House
£360.5K	02/23	0.65 mi	37, Princes Street, Reading RG1 4EG	£4,192	86	2	Terraced House
£292.5K	11/21	0.67 mi	3, Coventry Road, Reading RG1 3ND	£4,366	67	2	Terraced House
£353.5K	12/22	0.67 mi	30, Clarendon Road, Reading RG6 1PB	£5,123	69	2	Terraced House
£270K	03/21	0.67 mi	24, Amity Street, Reading RG1 3LP	-	-	2	Terraced House
£265K	01/21	0.67 mi	28, Amity Street, Reading RG1 3LP	£3,313	80	2	Terraced House

Local Rents

49 rents from £1.2K/mo to £3.4K/mo, average is £1.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,300	08/24	0 mi	Blenheim Gardens, Reading, Berkshire	2	House
£1,250	07/24	0.01 mi	Blenheim Gardens, Reading	2	Terraced House
£1,600	11/24	0.02 mi	-	2	Terraced House
£1,400	10/23	0.04 mi	Foxhill Road, Reading, RG1 5QR	2	Terraced House
£1,450	07/24	0.08 mi	Blenheim Gardens, Reading	2	House
£1,250	07/24	0.08 mi	Blenheim Gardens, Reading	2	Terraced House
£1,450	01/25	0.08 mi	-	2	Terraced House
£1,395	07/24	0.09 mi	Cardigan Road, Reading	2	Terraced House
£1,400	07/24	0.1 mi	Foxhill Road, Reading, Berkshire, RG1	2	Terraced House
£1,350	07/24	0.1 mi	Foxhill Road, Reading, Berkshire, RG1	2	Terraced House
£1,450	08/24	0.1 mi	Cardigan Road, Reading, RG1	2	Terraced House
£1,400	07/24	0.1 mi	Erleigh Road, Reading, RG1	2	Flat
£1,400	07/24	0.11 mi	Foxhill Road, Reading, Berkshire, RG1	2	Terraced House
£1,200	10/24	0.14 mi	-	2	Flat
£1,200	11/24	0.14 mi	-	2	Flat
£2,000	10/24	0.15 mi	-	2	Flat
£2,000	03/25	0.15 mi	-	2	Flat
£1,300	07/24	0.17 mi	Farringdon Court, Erleigh Road, Reading, RG1	2	Flat
£1,275	09/24	0.18 mi	-	2	Flat
£1,275	09/24	0.18 mi	Erleigh Road, Reading, RG1	2	Flat
£3,400	08/24	0.21 mi	-	2	Terraced House
£3,400	11/24	0.21 mi	-	2	Terraced House
£3,400	02/25	0.21 mi	-	2	Terraced House
£2,600	03/25	0.21 mi	-	2	Terraced House
£1,800	07/24	0.21 mi	-	2	Flat
£1,500	07/24	0.21 mi	Addington Road, Reading	2	Flat
£1,500	07/24	0.21 mi	Flat 1, Addington Road, Reading	2	Flat
£1,675	08/24	0.23 mi	-	2	Flat
£1,675	08/24	0.23 mi	-	2	Flat
£1,675	08/24	0.23 mi	-	2	Flat
£1,600	03/25	0.24 mi	-	2	Flat
£1,300	07/24	0.25 mi	Malvern Court, Addington Road, Reading, Berkshire, RG1	2	Flat
£1,500	08/24	0.25 mi	Malvern Court, Reading, RG1 5PL	2	Flat
£1,350	07/24	0.25 mi	Malvern Court, Addington Road	2	Flat
£1,500	08/24	0.25 mi	Addington Road, Reading	2	Flat
£1,500	08/24	0.25 mi	Addington Road, Reading, RG1	2	Flat
£1,550	07/24	0.28 mi	Cadugan Place, Reading, Berkshire, RG1	2	Flat
£1,500	09/24	0.29 mi	-	2	Terraced House
£1,600	10/24	0.29 mi	-	2	Terraced House
£1,600	10/23	0.3 mi	Cadugan Place, Addington Road, Reading, Berkshire, RG1	2	Flat
£1,300	07/24	0.31 mi	Carnarvon Road, , RG1	2	Terraced House
£1,400	07/24	0.33 mi	Eastern Avenue, Reading, Berkshire, RG1	2	Flat
£1,595	07/24	0.33 mi	Blenheim Road, Reading	2	Flat
£1,300	07/24	0.34 mi	Bulmershe Road, Reading, RG1	2	Flat
£1,300	09/24	0.35 mi	Granby Gardens, Reading, RG1	2	Terraced House
£1,450	01/25	0.35 mi	-	2	Flat
£1,450	01/25	0.35 mi	-	2	Flat
£1,400	08/24	0.36 mi	-	2	Flat
£1,450	08/24	0.36 mi	-	2	Flat

Local Area Statistics

Population in RG1	43,08543,085
Population in Reading	321,187321,187
Town centre distance	1.17 miles away1.17 miles away
Nearest train station	1.34 miles away1.34 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+18%+18%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+7%+7%

Property History

Listed for £295,000

March 17, 2025

Floor Plans

Description

Victorian Mid Terraced House +
Two Double Bedrooms +
Two Reception Rooms +
Galley Kitchen +
Ground Floor Bathroom +
Low Maintenance Garden +
Potential To Extend, Subject To Planning Permission +
Local Shops And Schools Close By +
Close To Reading Town Centre +
Close To Reading University And Royal Berkshire Hospital +

The initial viewing for this property is a Live Streamed internet viewing taking place on Thursday, 20 March 2025 at 12pm. Please contact WhiteKnights for the Gavl link or visit Gavl’s website. Please note that NO ACTUAL PHYSICAL VIEWINGS will be taking place before this date and time. Please watch the online viewing before you request a viewing appointment.

WHITEKNIGHTS - This two bedroom Victorian mid terraced home is located close to Reading University, Royal Berkshire Hospital, Redlands Primary School and local shops.

Accommodation comprises two reception rooms, galley kitchen and ground floor bathroom. To the first floor are two double bedrooms with scope to convert the attic, subject to planning permission. Outside is a low maintenance garden.

Agent Details

Whiteknights, Reading

0118 321 9676

Next Steps?

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

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