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4 bed house for sale Baker Street, Reading, RG1

Offers in excess of
£475,000
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Reduced on 13/10/2026

Type
House
Bedrooms
4
Bathrooms
3
Tenure
Freehold
Council tax Band A £1,742 a year

Key features

  • Three self-contained apartments
  • £35,400 current annual rental income
  • 7.08% gross rental yield
  • All three apartments are Council Tax Band A
  • Short walk to Reading town centre and mainline railway station
  • Excellent investment location

About this property

The property comprises a well-balanced mix of accommodation, including a studio apartment, a one-bedroom apartment and a further split-level one-bedroom apartment. The configuration provides a strong opportunity for investors seeking a diversified rental income from a single freehold asset.

Ideally situated within a short walk of Reading town centre and Reading mainline railway station, the property is perfectly positioned to benefit from the area's strong rental demand and excellent transport links. This represents an excellent opportunity for both established landlords and investors looking to add a well-located, income-producing asset to their portfolio. -

Floorplan

Council tax

Band A £1,742 a year
Per year
  • Band A
    This home: £1,742
  • Band B
    £2,032
  • Band C
    £2,322
  • Band D
    £2,613
  • Band E
    £3,193
  • Band F
    £3,774
  • Band G
    £4,355
  • Band H
    £5,226

This home is in band A, which costs £1,742 a year in Reading for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Reading, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

81 comparables · within 3 miles

Cheaper than 73% of the 4-bed houses for sale nearby right now.

This home, £475,000 Median £575,000 · £400,000 – £950,000

Compared with 81 4-bed houses for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Baker Street, Reading, RG1

Mortgage and stamp duty

Property price £475,000
£237k £713k
Deposit10% £48,000
£0 £475k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £427,000 mortgage. Most lenders would want a household income of about £95,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
13, Baker Street TerracedFeb 20261,173 sq ft £320/sq ft£375,000
19a, Baker Street TerracedJul 2021915 sq ft £383/sq ft£350,000
15, Baker Street TerracedMar 20201,119 sq ft £329/sq ft£368,000
15, Baker Street TerracedApr 20181,119 sq ft £326/sq ft£365,000
15, Baker Street TerracedJan 20151,119 sq ft £239/sq ft£267,000
2, Baker Street TerracedJan 20151,281 sq ft £239/sq ft£305,631
5, Baker Street TerracedDec 20121,356 sq ft £151/sq ft£205,000
19a, Baker Street TerracedSept 2011915 sq ft £240/sq ft£220,000

All sales on Baker Street → All sold prices in Reading →

Area insights

The neighbourhood around this property.

Marketed by
Parkers, Reading
11-12 Market Place, Reading, Berkshire
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