Potential 4-Bed HMO, Reading, RG4 7SY, £515,000





ValuationOvervalued
Sold Prices | £310K - £875K |
Sold Prices/m² | £3.7K/m² - £7.9K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £5.5K/m² |
Value Estimate | £465,360£465,360 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £128,750£128,750 |
Stamp Duty & Legal Fees | £42,700£42,700 |
Total Cash In | £171,450£171,450 |
| |
Cash Out | |
Room Rate | £711£711 |
Gross Rent | £2,844£2,844 |
Running Costs/mo | £2,756£2,756 |
Cashflow/mo | £88£88 |
Cashflow/yr | £1,056£1,056 |
ROI | 1%1% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £310K to £875K, average is £499.5K. £3.7K/m² to £7.9K/m², average is £5K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£520K | 06/23 | 0.03 mi | 37, Hemdean Road, Caversham, Reading RG4 7SY | £5,474 | 95 | 3 | Terraced House | |
£575K | 06/23 | 0.03 mi | 41, Hemdean Road, Caversham, Reading RG4 7SY | £6,250 | 92 | 3 | Terraced House | |
£555K | 03/23 | 0.05 mi | 26, Hemdean Road, Caversham, Reading RG4 7SU | - | - | 3 | Terraced House | |
£345K | 03/21 | 0.06 mi | 33, Oxford Street, Caversham, Reading RG4 8HN | - | - | 3 | Terraced House | |
£620K | 01/23 | 0.09 mi | 8, Hemdean Hill, Caversham, Reading RG4 7SB | £5,962 | 104 | 3 | Semi-Detached House | |
£670K | 03/21 | 0.1 mi | 7, Priory Avenue, Caversham, Reading RG4 7SE | £6,700 | 100 | 3 | Detached House | |
£499.9K | 06/21 | 0.1 mi | 32, Priory Avenue, Caversham, Reading RG4 7SE | £4,000 | 125 | 3 | Terraced House | |
£600K | 12/20 | 0.1 mi | 16, Priory Avenue, Caversham, Reading RG4 7SE | £4,615 | 130 | 3 | Semi-Detached House | |
£562.5K | 05/21 | 0.1 mi | 8, Priory Avenue, Caversham, Reading RG4 7SE | £4,891 | 115 | 3 | Semi-Detached House | |
£485K | 01/23 | 0.1 mi | 2, Hemdean Hill, Caversham, Reading RG4 7SB | - | - | 3 | Semi-Detached House | |
£340K | 03/21 | 0.13 mi | 24, North Street, Caversham, Reading RG4 8JA | £4,304 | 79 | 3 | Semi-Detached House | |
£322.5K | 03/21 | 0.14 mi | 59, Prospect Street, Caversham, Reading RG4 8JN | £3,698 | 87 | 3 | Terraced House | |
£500K | 05/21 | 0.14 mi | 121, Hemdean Road, Caversham, Reading RG4 7SS | - | - | 3 | Semi-Detached House | |
£635K | 06/21 | 0.14 mi | 18, St Annes Road, Caversham, Reading RG4 7PA | £7,560 | 84 | 3 | Semi-Detached House | |
£515K | 02/23 | 0.18 mi | 7, Wolsey Road, Caversham, Reading RG4 8BY | - | - | 3 | Detached House | |
£460K | 04/21 | 0.19 mi | 15, Wolsey Road, Caversham, Reading RG4 8BY | £5,000 | 92 | 3 | Semi-Detached House | |
£453K | 11/20 | 0.19 mi | 3, Wolsey Road, Caversham, Reading RG4 8BY | £5,008 | 90 | 3 | Semi-Detached House | |
£310K | 12/20 | 0.2 mi | 12, Westfield Road, Caversham, Reading RG4 8HH | £4,627 | 67 | 3 | Terraced House | |
£475K | 11/20 | 0.2 mi | 7, Berrylands Road, Caversham, Reading RG4 8NU | £5,278 | 90 | 3 | Semi-Detached House | |
£510K | 02/21 | 0.21 mi | 10, The Ridgeway, Caversham, Reading RG4 8NX | £5,204 | 98 | 3 | Semi-Detached House | |
£545K | 04/21 | 0.21 mi | 8, The Ridgeway, Caversham, Reading RG4 8NX | - | - | 3 | Semi-Detached House | |
£545K | 04/23 | 0.21 mi | 31, The Ridgeway, Caversham, Reading RG4 8NX | - | - | 3 | Semi-Detached House | |
£555K | 05/23 | 0.21 mi | 29, The Ridgeway, Caversham, Reading RG4 8NX | - | - | 3 | Semi-Detached House | |
£410K | 12/20 | 0.21 mi | 80, Cromwell Road, Caversham, Reading RG4 5EB | £5,000 | 82 | 3 | Semi-Detached House | |
£362.5K | 11/20 | 0.21 mi | 56, Cromwell Road, Caversham, Reading RG4 5EB | £4,844 | 75 | 3 | Terraced House | |
£450K | 12/22 | 0.23 mi | 35, Cromwell Road, Caversham, Reading RG4 5EA | - | - | 3 | Terraced House | |
£475K | 01/21 | 0.26 mi | 12, Elliots Way, Caversham, Reading RG4 8BF | £5,163 | 92 | 3 | Terraced House | |
£500K | 04/21 | 0.28 mi | 5, Newlands Avenue, Caversham, Reading RG4 8NS | - | - | 3 | Semi-Detached House | |
£525K | 01/23 | 0.29 mi | 5, Newlands Avenue, Caversham, Reading RG4 8NS | - | - | 3 | Semi-Detached House | |
£670K | 02/23 | 0.29 mi | 151, Hemdean Road, Caversham, Reading RG4 7QU | - | - | 3 | Semi-Detached House | |
£565K | 08/21 | 0.31 mi | 32, Elliots Way, Caversham, Reading RG4 8BF | £4,788 | 118 | 3 | Semi-Detached House | |
£499K | 03/21 | 0.31 mi | 4, Elliots Way, Caversham, Reading RG4 8BF | £6,238 | 80 | 3 | Semi-Detached House | |
£475K | 01/21 | 0.31 mi | 12, Elliots Way, Caversham, Reading RG4 8BF | £5,163 | 92 | 3 | Terraced House | |
£430K | 06/21 | 0.32 mi | 19, Patrick Road, Caversham, Reading RG4 8DD | £5,628 | 76 | 3 | Terraced House | |
£435K | 12/20 | 0.32 mi | 1, Elliots Way, Caversham, Reading RG4 8BW | £5,438 | 80 | 3 | Terraced House | |
£657.5K | 12/22 | 0.35 mi | 10, Dovedale Close, Caversham, Reading RG4 7AL | £6,778 | 97 | 3 | Semi-Detached House | |
£451K | 10/21 | 0.38 mi | 4, Thames Avenue, Reading RG1 8DT | £4,573 | 99 | 3 | Terraced House | |
£330K | 06/21 | 0.39 mi | 13, Randolph Road, Reading RG1 8EB | - | - | 3 | Terraced House | |
£600K | 03/21 | 0.39 mi | 36, Balmore Drive, Caversham, Reading RG4 8NL | - | - | 3 | Semi-Detached House | |
£489.9K | 07/23 | 0.4 mi | 9, Washington Road, Caversham, Reading RG4 5AA | £6,447 | 76 | 3 | Terraced House | |
£377K | 02/21 | 0.4 mi | 5, Washington Road, Caversham, Reading RG4 5AA | £4,833 | 78 | 3 | Terraced House | |
£415K | 11/21 | 0.4 mi | 11, Brigham Road, Reading RG1 8DP | £4,462 | 93 | 3 | Semi-Detached House | |
£385K | 06/21 | 0.4 mi | 27, Newport Road, Reading RG1 8EA | £4,602 | 84 | 3 | Terraced House | |
£322.5K | 01/21 | 0.4 mi | 28, Newport Road, Reading RG1 8EA | £3,933 | 82 | 3 | Terraced House | |
£318K | 12/20 | 0.4 mi | 37, Newport Road, Reading RG1 8EA | £3,975 | 80 | 3 | Terraced House | |
£360K | 12/20 | 0.4 mi | 36, Newport Road, Reading RG1 8EA | £4,615 | 78 | 3 | Terraced House | |
£875K | 02/23 | 0.41 mi | 25, St Peters Avenue, Caversham, Reading RG4 7DD | £7,415 | 118 | 3 | Detached House | |
£570K | 02/21 | 0.42 mi | 75, Blenheim Road, Caversham, Reading RG4 7RP | £5,876 | 97 | 3 | Terraced House | |
£590K | 06/21 | 0.43 mi | 225, Hemdean Road, Caversham, Reading RG4 7QX | £4,069 | 145 | 3 | Semi-Detached House | |
£632.5K | 09/21 | 0.44 mi | 268, Hemdean Road, Caversham, Reading RG4 7QT | £7,906 | 80 | 3 | Semi-Detached House |
Local Area Statistics
Population in RG4 | 39,16039,160 |
Population in Reading | 321,187321,187 |
Town centre distance | 1.13 miles away1.13 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.69 miles away0.69 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +35%+35% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +13%+13% |
Property History
Listed for £515,000
April 1, 2025
Floor Plans

Description
- Extended to the rear +
- Loft conversion +
- Two reception rooms +
- Three separate bedrooms +
- Three ensuites & family bathroom +
- Caversham centre & approx. 20 minute walk to station +
- No onward chain +
An extended Victorian terrace with super loft conversion offering three separate bedrooms and two ensuites. Includes fitted kitchen, dining/family room, two reception rooms, downstairs cloakroom and separate first floor family bathroom. A two minute walk to Caversham centre and only 20 minutes walk to Reading station via the Thameside path. No onward chain
SITUATION
This property is a short walk from local amenities including the public library, doctors' surgery, dental practice, Thameside Primary School and an excellent range of small restaurants, pubs, local shops and Waitrose supermarket. There are frequent bus services to Reading and beyond. Nearby, Christchurch Meadows and the Thames Towpath provide extensive opportunities for walking, cycling and sporting activities. There is easy access to Reading mainline station with journey times to London Paddington approx. 25 minutes and has been further complemented with the arrival of Crossrail that offers direct routes to the central areas of the City of London
NOTE
This property has been rented as an HMO over recent years and is fully licensed until 2025 - utilising 5 rentable rooms it has been generating approx. £41,400 per annum.
ENTRANCE HALL
Stairs to first floor
LIVING ROOM / BEDROOM
Front aspect, original cast iron fireplace, radiator
RECEPTION/STUDY/BEDROOM
Rear aspect, radiator, door to:
ENSUITE SHOWER ROOM
Three piece suite comprising: shower cubicle, w.c, wash hand basin, chrome towel radiator
KITCHEN
Fitted with worktops, range of cupboards and drawers, fitted oven, hob and extractor hood, plumbing for washing machine, chrome towel radiator, side aspect, through to:
FAMILY/DINING ROOM
Two overhead skylight windows, two radiators, space for sofas, dining table
STAIRCASE TO FIRST FLOOR
With further staircase to top floor bedroom
BEDROOM
Twin front aspect, radiator, door to:
ENSUITE SHOWER ROOM
Three piece suite comprising: shower cubicle, w.c, wash hand basin
BEDROOM
Rear aspect, radiator
FAMILY BATHROOM
Rear aspect, three piece suite comprising: shower cubicle, w.c, wash hand basin, radiator, tiled floor
STAIRCASE TO SECOND FLOOR BEDROOM
BEDROOM
Rear aspect, door to:
ENSUITE SHOWER ROOM
Comprising: Shower cubicle, w.c, wash hand basin, chrome towel radiator, velux style window
REAR GARDEN
At the rear is an enclosed rear garden with brick wall boundaries with paved area and lawned garden
TENURE
Freehold
SCHOOL CATCHMENT
Thameside Primary School
Highdown School and Sixth Form Centre
COUNCIL TAX
Band C
FREE MORTGAGE ADVICE
We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access a variety of mortgage rates from leading Banks and Building Societies. For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on
LOCATION
This image is for indicative purposes and cannot be relied upon as wholly correct