For sale Terraced

40 CARDIGAN ROAD

READING, READING RG1 5QL

3 beds 1 baths 72 m² Listed 12 Jun 2026 (-40d)

£350,000

Offers in Excess of

Reduced on 12 Jun 2026

Save

Picture No. 16 Picture No. 13 Picture No. 02 Picture No. 10 Picture No. 06 Picture No. 09 Picture No. 03 Picture No. 05 Picture No. 04

/ 9

Property details

Tenure

FREEHOLD

Floor area

72 m²

Council tax band

C

Last sold

£376,000 Nov 2024

Local average

£345,897 (+1.2%)

Deprivation

Decile 7 (23,578 of 33,755)

Street crime

407 incidents within 1 mile (May 2026)

Key features

  • Immaculate Bay Fronted Victorian Terrace
  • Large Open Plan Living Area
  • Refurbished Kitchen
  • Close To Shops & Transport Links
  • Ideal For First Time Buyers
  • Low Maintenance West Facing Garden
  • On Street Parking
  • En-Suite To Master

Additional details

Electricity
Mains supply
Broadband
FTTP (fibre to the premises), FTTC (fibre to the cabinet)
Water
Mains supply
Sewerage
Mains supply
Heating
Gas
Accessibility
No wheelchair access
Garden
Yes

Description

Positioned within a highly sought-after area, this attractive and extended terraced home is presented in excellent decorative order throughout.

The accommodation comprises a welcoming living room, a stylishly refitted kitchen complete with a breakfast bar, and a modernised family bathroom. To the first floor there are two well-proportioned bedrooms, with a staircase rising to the impressive principal bedroom, which benefits from an en-suite.

Externally, the property enjoys a private, Westerly-facing rear garden, thoughtfully arranged with a decking area and patio, leading to a useful storage unit.

The University area is a well-regarded, leafy suburb to the East of the town centre, benefiting from a range of local amenities and excellent transport connections.

Listed by

Reading

The Lomond Group

Reference: 89622177

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

Epc

Epc

Price history

Event Date Price % change
Listed for sale £350,000 -6.9%
Sold 12/11/2024 (1 year ago) £376,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
26 JUNCTION ROAD, READING, RG1 5SA £435,000 16/01/2026 Terraced
64 HATHERLEY ROAD, READING, RG1 5QE £390,000 18/12/2025 Terraced
36 BLENHEIM GARDENS, READING, RG1 5QG £303,000 16/12/2025 Terraced
7 CARDIGAN GARDENS, READING, RG1 5QP £343,000 26/11/2025 Terraced
51 FOXHILL ROAD, READING, RG1 5QS £256,500 14/11/2025 Terraced
119 BLENHEIM GARDENS, READING, RG1 5QJ £292,000 11/11/2025 Terraced
23 CARDIGAN GARDENS, READING, RG1 5QP £290,000 13/08/2025 Terraced
42 HATHERLEY ROAD, READING, RG1 5QE £260,000 28/03/2025 Terraced
9 FOXHILL ROAD, READING, RG1 5QS £301,000 04/12/2023 Terraced
54 FOXHILL ROAD, READING, RG1 5QS £313,000 27/10/2023 Terraced
Same street 30 CARDIGAN ROAD, READING, RG1 5QL £314,232 20/10/2023 Terraced
91 BLENHEIM GARDENS, READING, RG1 5QJ £272,000 06/10/2023 Terraced
Same street 52 CARDIGAN ROAD, READING, RG1 5QL £279,000 18/07/2023 Terraced
Same street 13 CARDIGAN ROAD, READING, RG1 5QL £300,000 02/05/2023 Terraced
47 HATHERLEY ROAD, READING, RG1 5QE £350,000 28/04/2023 Terraced
96 ADDINGTON ROAD, READING, RG1 5PX £300,000 27/03/2023 Terraced
22 BLENHEIM GARDENS, READING, RG1 5QG £324,000 23/03/2023 Terraced
73 CARDIGAN ROAD, READING, RG1 5QW £322,500 02/03/2023 Terraced
26 ADDINGTON ROAD, READING, RG1 5PX £600,000 01/12/2022 Terraced
26 HATHERLEY ROAD, READING, RG1 5QA £499,000 30/11/2022 Terraced
104 BLENHEIM GARDENS, READING, RG1 5QJ £275,000 30/11/2022 Terraced
72 CARDIGAN ROAD, READING, RG1 5QW £310,000 25/11/2022 Terraced
13 FOXHILL ROAD, READING, RG1 5QS £305,000 21/11/2022 Terraced
Same street 34 CARDIGAN ROAD, READING, RG1 5QL £300,000 20/01/2022 Terraced
Same street 39 CARDIGAN ROAD, READING, RG1 5QL £280,000 01/11/2021 Terraced
Same street 27 CARDIGAN ROAD, READING, RG1 5QL £275,000 03/09/2021 Terraced

Street average: £291,372 (6 sales)

Area average: £337,050 (20 sales)

Capital growth trend

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

5y growth 3.2%
10y growth 2.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Reading. Series: Terraced. As of April 2026.

1y (index) -2.6%
5y (index) 14.5%
10y (index) 17.9%

Rental Range

Estimated market rent for Reading. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,419/mo
Realistic £1,577/mo
Optimistic £1,735/mo

Based on Local Authority from postcode lookup → Reading.

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Foxhill Road 0.1 miles
Shop Unknown 0.2 miles
Shop Park Wash 0.3 miles
University University of Reading, London Road Campus 0.6 miles
University Dreadnought, University of Reading 0.8 miles
Train station Earley 1.3 miles
Train station Reading 1.4 miles
Hospital Sue Ryder Duchess of Kent Hospice 2.4 miles
Hospital Prospect Park Hospital 2.9 miles

Street-level crime

Category Count
Violence and sexual offences 139
Shoplifting 80
Anti-social behaviour 42
Other theft 31
Public order 24
Criminal damage and arson 17
Vehicle crime 17
Burglary 12
Drugs 12
Robbery 11
Bicycle theft 9
Other crime 5
Theft from the person 5
Possession of weapons 3
Total incidents 407

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Redlands Primary School Primary 0.1 miles Requires improvement — 1 Feb 2023
St Joseph's College Other 0.1 miles (No rating)
Maiden Erlegh School in Reading Secondary 0.3 miles Good — 5 Jul 2018
UTC Reading Secondary 0.3 miles Inadequate — 30 Mar 2023
Reading School Secondary 0.3 miles Outstanding — 31 Jan 2024

Rental Comparables

Rental listings exist nearby, but none matched the 3-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

This street 6.5% gross yield avg £303,462 sale, £1,650/mo rent
Rent ratio 0.45%
Max investor price (0.8%) £197,125
Target investor price (1%) £157,700
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).