1/8
£340,000
4 beds · 1 bath
Catherine Street, Reading
0.22 miles
away
Freehold
Added on 16/09/2026 
1/14
1/14
£400,000
Offers in excess of 4 bed house for sale Gower Street, Reading, RG1 7PE
4
beds 3
baths House
Freehold
Added on 16/09/2026
About this property
Situated in the heart of Reading Town Centre, this substantial freehold end-terrace property presents an exceptional investment opportunity in a prime central location. Occupying a large plot, the property offers versatile accommodation comprising 3 bedrooms, multiple kitchens and bathrooms, as well as a self-contained annex, making it ideally suited for multi-let or serviced accommodation use. Currently generating an impressive £3,300 per month in rental income, this high-yielding asset provides strong and immediate cash flow potential for investors seeking a well-positioned income-producing property.
- Property type
- House
- Bedrooms
- 4
- Bathrooms
- 3
- Tenure
- Freehold
- Council tax
- Band D (Approx £2,613/year)The agent has not stated the band, so band D is shown as the local reference: Reading's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
- Postcode
- RG1 7PE
Key features
- 10% Rental Yield!
- £3300 per month income with tenants
- Recently refurbished with HMO licence
- Three bedsits and one double room
- Three En suite shower rooms and separate shower off the shared kitchen area.
- Small patio area and front garden
- Walking distance of Reading station
- On street parking (permits required)
- Gas central heating
- Double glazed
Floorplan
Location
Gower Street, Reading, RG1 7PE
Sold prices in RG1 7PE
HM Land Registry sales in RG1 7PE. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 3, Gower Street Terraced | Terraced | Jul 2026 | 893 sq ft £325/sq ft | 893 sq ft | £325 | £290,000 |
| 8, Gower Street Terraced | Terraced | Oct 2025 | 915 sq ft £306/sq ft | 915 sq ft | £306 | £280,000 |
| 34, Gower Street Terraced | Terraced | Jun 2025 | 1,130 sq ft £289/sq ft | 1,130 sq ft | £289 | £327,000 |
| Top Floor Flat, 6, Gower Street Flat / maisonette | Flat / maisonette | Feb 2025 | 581 sq ft £301/sq ft | 581 sq ft | £301 | £175,000 |
| 7, Gower Street Semi-detached | Semi-detached | Oct 2019 | 1,023 sq ft £241/sq ft | 1,023 sq ft | £241 | £246,000 |
| 3, Gower Street Terraced | Terraced | Aug 2019 | 893 sq ft £325/sq ft | 893 sq ft | £325 | £290,000 |
| 40, Gower Street Terraced | Terraced | Aug 2014 | 710 sq ft £296/sq ft | 710 sq ft | £296 | £210,000 |
| 46, Gower Street Terraced | Terraced | Sept 2012 | 915 sq ft £184/sq ft | 915 sq ft | £184 | £168,000 |
Area insights
The neighbourhood around this property.
