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Sold STC

Alpine Street, Reading, RG1

Offers In Excess Of £330,000Freehold

212

Key Information

Tenure:Freehold
Council tax band:C
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Ideal for owner occupiers and investors - Sold with NO CHAIN & VACANT POSSESSION
Two Spacious Bedrooms – Generous double bedrooms offering flexibility and comfort
Period Features – Charming Victorian details including an exposed brick fireplace.
Excellent Location – Just a 15-minute walk (0.8 miles) to Reading Train Station, offering fast services to London Paddington in 23 minutes.
Great Transport Links – Convenient access to bus routes 5, 6, and 24 connecting to central Reading, the University, and surrounding areas.
Well maintained by current owners whilst it was tenanted inc recent roof works & insulation
Private rear garden, established shrubs & lawn, well cared for by previous occupants
Energy Performance Certificate (EPC): Rating D - Council Tax Band C

Description

Vacant Possession - No Chain - Ideal home for owner occupier or for invesment, well-connected vibrant area of Reading, Two Bedrooms, bonus loft room, Private rear garden, end of terrace, GCH & DG

Welcome to this charming two-bedroom terraced home located in the heart of Reading. Set along the characterful Alpine Street, this property invites someone with vision to create a beautiful home tailored to their personal style. With vacant possession, you can move in and immediately start making it your own.

Step into the possibilities: As you walk through the front door, you're greeted by a cosy living room featuring a traditional brick fireplace – the perfect centrepiece for a snug winter evening. The separate dining room, flooded with natural light, offers a versatile space for hosting dinner parties or unwinding with family.

The kitchen, located at the rear of the property, provides a blank canvas for reimagining your dream cooking space. Beyond lies the garden – a private oasis with mature plants and a patio area, ideal for summer barbecues or morning coffee in the sun, with covered lean-to in the side return area ideal for storage or a utility area.

Upstairs, two generously sized double bedrooms offer plenty of potential, while the second-floor loft room provides additional storage or could be upgraded for use as a creative or work-from-home space.

Location: The Perfect Blend of Convenience

Alpine Street is superbly situated just a 15-minute walk (0.8 miles) from Reading Train Station, where fast trains connect you to London Paddington in as little as 23 minutes. The Oracle shopping centre, packed with high-street stores, riverside dining, and entertainment, is also just 0.7 miles away – a leisurely 10-minute walk.

For local transport, bus routes such as the 5, 6, and 24 are all within easy access, offering frequent services to Reading town centre, the University of Reading, and surrounding areas. Whether commuting, shopping, or heading out for the evening, you'll always be well-connected.

Why This Home Makes a Fantastic Investment

Having served as a rental home for one family over the last seven years, this property also presents a superb investment opportunity. With an achievable rental income of £1,300–£1,500 per calendar month, depending on the level of refurbishment, investors can expect a gross yield of 4.7–5.45% based on the asking price of £330,000.

Example ROI Calculation:

  • Gross Rental Yield: At ÂŁ1,300pcm, the annual rental income is ÂŁ15,600, offering a gross yield of 4.7%. At ÂŁ1,500pcm, the annual rental income is ÂŁ18,000, increasing the gross yield to 5.45%.

  • With minor refurbishment, this property has the potential to command higher rent, ensuring strong returns and long-term appreciation in value due to its desirable location and proximity to transport links.

Perfect for Buyers with Vision

This property is ideal for first-time buyers eager to create their dream home or investors seeking a high-demand rental property. The potential to enhance the space, combined with its characterful period features and exceptional location, makes this an opportunity not to be missed.

Arrange Viewing

Katesgrove Primary School
(0.15 miles)
Good
Number of pupils: 679
Age Range: 3 - 11
New Christ Church Church of England Primary School
(0.31 miles)
Number of pupils: 183
Age Range: 4 - 11
Coley Primary School
(0.31 miles)
Good
Number of pupils: 271
Age Range: 3 - 11
The Abbey School Reading
(0.38 miles)
Number of pupils: 1134
Age Range: 3 - 19
Kendrick School
(0.4 miles)
Number of pupils: 803
Age Range: 11 - 18
Trinity Christian School
(0.4 miles)
Good
Number of pupils: 19
Age Range: 4 - 11
The Deenway Montessori School
(0.54 miles)
Good
Number of pupils: 51
Age Range: 3 - 16
Hamilton School
(0.6 miles)
Number of pupils: 38
Age Range: 11 - 18
The Palmer Primary Academy
(0.7 miles)
Good
Number of pupils: 433
Age Range: 3 - 11
Red Balloon Learner Centre Reading
(0.73 miles)
Number of pupils: 23
Age Range: 11 - 18

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ1,736 /mo.25 Years, 5% Interest
Loan
ÂŁ297,000
Total Repay
ÂŁ520,870

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ4,000
0% up to ÂŁ250,000
5% between ÂŁ250,000 and ÂŁ925,000
Your effective stamp duty rate is 1.21%
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