# 3 bedroom house for sale (RG1 4EA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 16 ELDON STREET, READING, READING RG1 4EA |
| Price | £325,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | TBC |
| Last sold | £315,000 Feb 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 03/10/2035
- **Current heating cost:** £765/year
- **Est. upgrade cost to C:** £28,600

### Recommendations
- Q (£7,500 - £11,000)
- W1 (£5,000 - £10,000)
- I (£2,200 - £3,500)
- U (£8,000 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2590-6340-0022-4502-3053)

## Description

Lansley - Offered to the market with no onward chain complications is this charming Victorian terraced home located within the sought after Eldon Square conservation area. The internal accommodation comprises front aspect lounge, rear aspect dining room, kitchen, shower room and three bedrooms (2+1). Externally is a pleasant and private rear garden. Eldon Street is conveniently located close to regular bus routes, Reading train station, Reading college, Royal Berkshire Hospital, Reading University and Reading town centre making this an excellent first time or investment purchase.

## Property Photos

- ![Picture No. 10](/listings/photos/169069082/1107344) - Picture No. 10
- ![Picture No. 04](/listings/photos/169069082/1107345) - Picture No. 04
- ![Picture No. 03](/listings/photos/169069082/1107346) - Picture No. 03
- ![Picture No. 09](/listings/photos/169069082/1107347) - Picture No. 09
- ![Picture No. 07](/listings/photos/169069082/1107348) - Picture No. 07
- ![Picture No. 05](/listings/photos/169069082/1107349) - Picture No. 05
- ![Picture No. 08](/listings/photos/169069082/1107350) - Picture No. 08
- ![Picture No. 06](/listings/photos/169069082/1107351) - Picture No. 06

## Floorplans

- ![Floorplan](/listings/photos/169069082/1107352) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/169069082/1107353) - EPC Rating Graph

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #7744130
- **Address:** 16 Eldon Street, READING, RG1 4EA
- **Certificate Issued:** 08/11/2010
- **Work Completed:** 01/10/2010
- **Items:** 4 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 16 ELDON STREET, READING, RG1 4EA | £315,000 | 20/02/2026 | Terraced |
| 16 ELDON STREET, READING, RG1 4EA | £168,000 | 08/07/2010 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 23 ELDON STREET, READING, RG1 4EA | £311,550 | 02/12/2022 | Terraced |
| [Same street] 22 ELDON STREET, READING, RG1 4EA | £302,000 | 13/09/2022 | Terraced |
| 278 KINGS ROAD, READING, RG1 4HP | £510,000 | 05/05/2022 | Other |
| [Same street] 19 ELDON STREET, READING, RG1 4EA | £341,000 | 10/03/2022 | Terraced |
| 1 ELDON ROAD, READING, RG1 4DJ | £1,200,000 | 01/12/2021 | Other |
| [Same street] 20 ELDON STREET, READING, RG1 4EA | £299,600 | 11/08/2021 | Terraced |

**Street average:** £313,538 (4 sales)
**Area average:** £855,000 (2 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £2,740,213 (8 Other, RG1, 2024–2026)
- **Deviation:** -88.1%

## Rental Range

*ONS Price Index of Private Rents (Reading). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,419/mo
- **Realistic:** £1,577/mo
- **Optimistic:** £1,735/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, St Johns Road, RG1 | £1,800/mo | 3 | 0.09 miles | OpenRent |

**Average rent: £1,800/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.55% (weak for cashflow)
- **Max investor price (0.8%):** £225,000
- **Target investor price (1%):** £180,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,800/mo).*

- **Gross yield:** 6.6%
- **Cost-to-rent:** 15×
- **Monthly cashflow:** £315/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £4,333/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 69.4%
- **10y growth:** -75.3%

## House Price Index (HM Land Registry)

*Official index for Reading; All dwelling types series; as of April 2026.*

- **1y growth (index):** -4.1%
- **5y growth (index):** 10.3%
- **10y growth (index):** 12.2%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)