4 Bed Terraced House, Planning Permission, Reading, RG4 7SX, £525,000

Hemdean Road, Caversham, RG4 7SX - 24 days ago

Under Offer
Planning
~129 m²
+8 photos

ValuationUndervalued

Sold Prices£320K - £1.2M
Sold Prices/m²£2.4K/m² - £8.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.1K/m²

Value Estimate

£650,969
BMV24%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£41,200

Total Cash In

£172,450

 

 

Cash Out

 

Rent Range

£1,450 - £4,000

Rent Estimate

£1,500

Running Costs/mo

£1,961

Cashflow/mo

£-461

Cashflow/yr

£-5,527

Gross Yield

3%

Local Sold Prices

50 sold prices from £320K to £1.2M, average is £692.5K. £2.4K/m² to £8.2K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£720K07/230.05 mi8, Priest Hill, Caversham, Reading RG4 7RZ4
£530K06/210.05 mi5, Priest Hill, Caversham, Reading RG4 7RZ4
£527K06/210.07 mi24, Hemdean Road, Caversham, Reading RG4 7SU4
£480K12/200.1 mi19, Hemdean Hill, Caversham, Reading RG4 7SB4
£625K11/200.12 mi26, St Annes Road, Caversham, Reading RG4 7PA4
£533.5K10/210.21 mi3, Knighton Close, Caversham, Reading RG4 7SZ4
£735K06/210.24 mi23, Peppard Road, Caversham, Reading RG4 8JP4
£767.5K01/230.24 mi82, Cromwell Road, Caversham, Reading RG4 5EB4
£810K12/210.26 mi2, The Mount, Caversham, Reading RG4 7RU4
£499.9K12/200.28 mi20, Cardinal Close, Caversham, Reading RG4 8BZ4
£747.5K07/230.29 mi6, Blenheim Road, Caversham, Reading RG4 7RS4
£470K06/230.38 mi54, Newport Road, Reading RG1 8EA4
£850K02/210.38 mi5a, Kidmore Road, Caversham, Reading RG4 7LR4
£715K09/210.4 mi19, Fairfax Close, Caversham, Reading RG4 6DA4
£775K11/210.42 mi30, Balmore Drive, Caversham, Reading RG4 8NL4
£775K12/200.42 mi5, Balmore Drive, Caversham, Reading RG4 8NL4
£630K01/210.45 mi266, Hemdean Road, Caversham, Reading RG4 7QT4
£815K03/210.46 mi12, Wychcotes, Caversham, Reading RG4 7DA4
£690K06/210.47 mi79, Henley Road, Caversham, Reading RG4 6DS4
£780K08/210.47 mi87a, Henley Road, Caversham, Reading RG4 6DS4
£545K03/230.47 mi14, Field View, Caversham, Reading RG4 5HB4
£420K03/210.47 mi10, Field View, Caversham, Reading RG4 5HB4
£648.7K06/210.48 mi67, South View Avenue, Caversham, Reading RG4 5AJ4
£695K02/210.48 mi55a, Kidmore Road, Caversham, Reading RG4 7LY4
£675K10/210.55 mi17, Woodcote Road, Caversham, Reading RG4 7BA4
£640K12/200.55 mi11, Picton Way, Caversham, Reading RG4 8NJ4
£732K03/210.55 mi33, Picton Way, Caversham, Reading RG4 8NJ4
£550K05/210.57 mi263, Hemdean Road, Caversham, Reading RG4 7QW4
£985K03/230.59 mi34, Peppard Road, Emmer Green, Reading RG4 8NG4
£752K02/210.62 mi29, Grosvenor Road, Caversham, Reading RG4 5EN4
£850K04/210.62 mi32, Grosvenor Road, Caversham, Reading RG4 5EN4
£510K06/210.64 mi5, Notley Place, Emmer Green, Reading RG4 8PW4
£1.1M02/230.64 mi44, Grosvenor Road, Caversham, Reading RG4 5EN4
£525K09/210.64 mi3, Sheldon Rise, Caversham, Reading RG4 7AU4
£750K06/230.66 mi18, Matlock Road, Caversham, Reading RG4 7BS4
£700K03/210.66 mi12, Matlock Road, Caversham, Reading RG4 7BS4
£655K04/210.67 mi1, George Close, Caversham, Reading RG4 5EW4
£746K06/210.67 mi15, Matlock Road, Caversham, Reading RG4 7BP4
£580K01/210.68 mi21, Heron Island, Caversham, Reading RG4 8DQ4
£600K01/210.68 mi5, Wilwyne Close, Caversham, Reading RG4 5EP4
£465K04/230.69 mi7, Cawsam Gardens, Caversham, Reading RG4 5JE4
£900K02/230.71 mi2, Orwell Close, Caversham, Reading RG4 7PU4
£1.2M12/200.71 mi80, St Peters Avenue, Caversham, Reading RG4 7DL4
£710K01/210.71 mi6, Chelford Way, Caversham, Reading RG4 7PT4
£432K12/200.73 mi37, Anglefield Road, Caversham, Reading RG4 5HP4
£320K12/200.73 mi10, Anglefield Road, Caversham, Reading RG4 5HP4
£750K03/210.74 mi4, Graveney Drive, Caversham, Reading RG4 7EG4
£645K02/210.74 mi38, Harrogate Road, Caversham, Reading RG4 7PN4
£800K01/210.74 mi14, Harrogate Road, Caversham, Reading RG4 7PN4
£630K09/210.74 mi30, Harrogate Road, Caversham, Reading RG4 7PN4

Local Rents

50 rents from £1.4K/mo to £4K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,70012/240.03 miRectory Road, Caversham3
£2,50001/240.05 mi-3
£2,25007/240.07 miPriest Hill, Caversham, Reading3
£1,95012/240.07 mi-4
£1,65012/240.08 miOxford Street, Caversham, Reading3
£1,85012/240.16 miHemdean Rise, Caversham, Reading3
£1,65012/240.17 mi-3
£1,70012/240.17 miSouth Street, Caversham, Reading3
£2,75007/240.19 miChurch Road, Caversham, Reading4
£1,85002/250.2 mi-3
£1,80012/240.2 miThe Willows, Caversham3
£1,90004/250.21 mi-3
£1,55012/240.23 miSouth Street, Caversham, Reading3
£1,99002/240.27 mi-3
£2,30012/240.29 mi-3
£2,60007/240.3 miCaversham Wharf, Waterman Place, Reading, Berkshire, RG13
£2,25007/240.3 miCaversham Wharf, Waterman Place, Reading, Berkshire, RG13
£2,00004/250.31 mi-3
£2,55007/240.32 mi-3
£2,55007/240.32 miElliotts Way, Reading, RG43
£2,50012/240.32 miSt Stephens Close, Caversham, Reading4
£1,79507/240.34 miCaversham Wharf, Waterman Place, Reading, RG13
£2,65007/240.36 miPatrick Road4
£1,65007/240.38 miNewport Road, Reading3
£1,85007/240.39 miRegents Riverside, Reading3
£2,30012/240.39 miSt. Peters Avenue, Caversham4
£1,55008/240.39 miNewport Road, Reading, Berkshire3
£2,50007/240.4 miBalmore Park, Caversham, Reading4
£2,75012/240.42 miSymeon Place, Caversham, Reading, Berkshire, RG45
£1,99507/240.43 mi-4
£2,60012/240.44 miSymeon Place, Caversham Heights5
£4,00001/250.45 mi-3
£4,00004/250.45 mi-3
£1,65008/240.46 miAddison Road, Reading3
£1,75007/240.47 miLynmouth Road, Reading3
£1,45004/250.47 mi-3
£1,59507/240.48 miQueens Road, Caversham3
£1,60007/240.48 miYork Road, Reading, RG13
£1,50008/240.48 mi-3
£1,50009/240.48 mi-3
£2,50002/240.49 mi-3
£1,87512/240.49 mi-3
£1,95002/240.5 mi-3
£1,59512/240.52 miKings Road3
£1,60007/240.53 miSwansea Road, Reading, Berkshire3
£1,65008/240.54 miSwansea Road, Reading3
£1,59507/240.54 miKings Rd, Reading, RG43
£1,59507/240.54 mi-3
£1,55002/240.54 mi-3
£1,57512/240.54 mi-3

Local Area Statistics

Population in RG4

39,160

Population in Reading

321,187

Town centre distance

1.12 miles away

Nearest school

0.20 miles away

Nearest train station

0.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £525,000

March 25, 2025

Floor Plans

Description

  • 2 Bed Split Level Apartment +
  • No Onward Chain +
  • Parking +
  • Located in the Heart of Caversham +
  • Great Opportunity +
  • Viewing Recommended +

Masons are proud to present this unique chance to acquire a spacious end-of-terrace property in the sought-after centre of Caversham. Currently featuring a large two-bedroom apartment with accommodation on the first and second floors, it includes a separate kitchen, open-plan living/dining room with its original fireplace; bathroom, entrance hall and parking. Approved planning permission offers the potential to convert the ground floor and basement into a modern one-bedroom apartment. The proposed plans provide an open plan kitchen, dining area and living room; bathroom, separate cloakroom, courtyard garden, and parking. A rare opportunity in a prime location viewing is highly recommended. Plans available on enquiry.

The ground floor currently consists of:

Reception/living room: 17`11" x 12`11" twin aspect. Opening to:

Reception/kitchen/dining room: 14`2" x 11`4" access to a large storage room.

Kitchen (would become shower room): 8`2" x 4`11" with door to the courtyard.

Reception/bedroom: 12`2" x 10`10" side aspect with cupboard housing boiler.

Cloakroom: low level wc.

Basement room/bedroom: 11`1" x 10`6".

Split level apartment on first and second floor.

Entrance hall has the stairs to the first floor, which has the stairs to the second floor.

Living/dining room: 17`5" x 12`10" double glazed twin aspect.

Kitchen breakfast room: 12`6" x 10`11" double glazed side aspect, a range of eye and base level units with roll edge tops and tiled surround, sink and drainer, oven, hob and extractor and space and plumbing for additional appliances.

Bedroom 1: 14`2" x 11`4" double glazed rear aspect.

Bathroom: panel enclosed bath with shower over, low level and wash basin.

Second floor has door to:

Bedroom 2: 17`5" x 15`7" Velux window.

Outside: there is parking available wit the property.

Notice
Whilst every care has been taken in the preparation of these particulars, and they are believed to be correct, they are not warranted and intending purchasers/lessees should satisfy themselves as to the correctness of the information given.Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Masons, Caversham

0118 946 1140

Next Steps?

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