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For saleReduced 14 Sept 2026
£550,000

Priory Avenue, Caversham, Reading, RG4 7SE

4bedrooms
4bathrooms
Terracedtype
Freeholdtenure

Listed 5 Aug 2026 · price reduced 14 Sept 2026 · Reading

How the price compares

This home£550,000
Median 4 bed in RG4£750k15 homes listed · £414 per sq ft
Difference-27%below the area median

Key features

  • 4 Studio Flats Within Freehold Terrace House
  • No Onward Chain (or with tenants in situation)
  • Prime Central Caversham Location
  • Well Maintained Throughout
  • Communal Rear Garden With Pedestrian Rear Access
  • Certificate Of Lawfulness Granted 5/3/2009
  • Pervious Rental Income of £42,764 per annum
  • Gas & Electric Certification Availbale

About this home

Sansome & George Reading - An attractive period Terrace House currently comprising of 4 self contained units, the property is ideally located within the heart of Caversham hence close to the River and Reading train station.

Having been divided into 4 self-contained studio apartments, this attractive Victorian mid-terrace property of 125sq. m. (1347sq. ft.), is ideally located meters from Caversham Village centre with a range of amenities and services, and is 1 mile from the Reading Train Station, crossing the River Thames with meadows on the way hence an attractive and convenient position for tenants.

With a Certificate of Lawfulness granted in 2009, this long established investment has formerly generated £42,764 income per annum (to include gas). The ground floor comprises of 2 units each with direct access to the rear garden. Flat 1 features a recently updated kitchen which is open plan to a living area which in turn leads to a separate bedroom which in turn leads to a shower room. Having also been recently updated, Flat 2 includes a front aspect living/bedroom with fitted pull-down bed, shower room, and modern kitchen with French doors opening to the garden. On the first floor, Flat 3 sits above Flat 1 towards the rear of the building and features rear aspect living room, separate rear aspect kitchen, bedroom and en-suite shower room. Flat 4 is the largest and has also been recently updated to include a spacious living room/bedroom spanning the first floor frontage of the property an also includes a modern shower room and well appointed modern kitchen.

Each unit has individual electrically heated hot water and independent electricity billing while gas fired central heating is provided via 1 boiler covering shared central heating system which is controlled by each property individually via room/radiator thermostats.

Please contact Sansome & George to schedule a viewing appointment or to discuss this opportunity in more detail with full documentation available upon request.

Reading Borough Council - Band B per unit

Purchasers Note:- Some photographs within these sales particulars may have been digitally enhanced to improve presentation, including the removal of temporary items, clutter and personal belongings. The images remain a fair representation of the property and no structural alterations have been made. Prospective purchasers should satisfy themselves as to the condition, size, layout and features of the property through inspection and their own enquiries.

Property details

Property type
Terraced
Council tax band
B
Tenure
Freehold
Parking
Permit
Garden
Yes

Floorplan

Floor Plan

Location

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1 on this map

  • Reading Station0.7 mi
  • Reading West Station1.1 mi
  • Tilehurst Station2.3 mi

What nearby homes sold for

Median sold prices in RG4 over the last 12 months: detached £760k · terraced £400k · semi-detached £524k · flat £253k.

AddressTypeSoldPrice
Flat 3, 2, Priory Avenue
Reading RG4 7SE
Flat
Leasehold
22 May 2026£325,000
Flat 1, Priory Court, 1, Priory Avenue
Reading RG4 7SN
Flat
Leasehold
30 Apr 2026£135,000
Flat 4, 2, Priory Avenue
Reading RG4 7SE
Flat
Leasehold
20 Aug 2025£390,000
Flat 2, 2, Priory Avenue
Reading RG4 7SE
Flat
Leasehold
3 Jul 2025£245,000
Flat 1, 2, Priory Avenue
Reading RG4 7SE
Flat
Leasehold
20 Jun 2025£285,000
Flat 3, Priory Court, 1, Priory Avenue
Reading RG4 7SN
Flat
Leasehold
19 Jun 2025£140,000
Flat 12, Priory Court, 1, Priory Avenue
Reading RG4 7SN
Flat
Leasehold
12 Jun 2025£77,500
Flat 5, 2, Priory Avenue
Reading RG4 7SE
Flat
Leasehold
30 May 2025£250,000
Flat 6, 2, Priory Avenue
Reading RG4 7SE
Flat
Leasehold
28 Mar 2025£293,500
Flat 16, Priory Court, 1, Priory Avenue
Reading RG4 7SN
Flat
Leasehold
28 Mar 2025£141,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in RG4

Buying costs

Monthly repayment£2,751£55,000 deposit · £495,000 loan
Stamp Duty£17,500England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Sansome & George Residential Sales Ltd, Tilehurst on Rightmove (original listing). First listed 5 Aug 2026; details checked 7 Nov 2026. Latest change: reduced on 14/09/2026.

Agent disclaimer

Disclaimer - Property reference 34854643. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sansome & George Residential Sales Ltd, Tilehurst. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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