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4 bed house for sale Franklin Street, Reading, RG1

Guide Price

£375,000

Added on 25/10/2026

Type: Terraced
Bedrooms: 4
Size: £419 per sq ft
Tenure: Ask agent

Key features

Four-bedroom hmo investment
Generating £2,876 pcm
Tenants in situ
Approx. 896 sq ft of accommodation
Two shower rooms
Modern fitted kitchen
Separate living room
Central reading location
Close to reading station and town centre
Ultrafast fibre broadband available

About this property

An established four-bedroom HMO investment in a convenient central Reading location, generating £2,876 per calendar month and offered with tenants in situ. Situated on Franklin Street, this four-bedroom shared property presents an attractive opportunity for investors seeking an established rental investment close to Reading town centre and its extensive amenities. Currently arranged as a house in multiple occupation (HMO), the property offers approximately 896 sq ft of accommodation across two floors and benefits from an existing rental income of £2,876 pcm.

Floorplan

Council tax

Ask agent

Per year

Band A

£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

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Reading, 2026/27 bills run from £1,742 a year in band A to £5,226 in band H.

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.

Property timeline

Listed

October 2026 £375,000

4 beds · this listing

Past sales can't be shown: the agent hasn't given the house number.

Price guide

100 comparables · within 2.9 miles

Cheaper than 92% of the 4-bed houses for sale nearby right now.

This home, £375,000 Median £575,000 · £400,000 – £825,500

Per square foot

£419 3% over

4-bed houses nearby £406

Against sold prices

7% over

RG1 sold median £390 / sq ft, 1,016 sales

Compared with 100 4-bed houses for sale within 2.9 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in RG1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in RG1 →

Location

Franklin Street, Reading, RG1

Open map Street View

Mortgage and stamp duty

Property price £375,000

£187k £563k

Deposit10% £38,000

£0 £375k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £337,000 mortgage. Most lenders would want a household income of about £75,000 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.

Address	Type	Sold	Size	Size	£/sq ft	Price
40, Franklin Street Terraced	Terraced	Feb 2026	1,012 sq ft £391/sq ft	1,012 sq ft	£391	£396,000
29, Franklin Street Semi-detached	Semi-detached	Oct 2025	850 sq ft £442/sq ft	850 sq ft	£442	£376,000
6, Franklin Street Semi-detached	Semi-detached	Apr 2024	904 sq ft £345/sq ft	904 sq ft	£345	£312,000
40, Franklin Street Terraced	Terraced	Feb 2024	1,012 sq ft £373/sq ft	1,012 sq ft	£373	£377,500
25, Franklin Street Flat / maisonette	Flat / maisonette	May 2023	915 sq ft £355/sq ft	915 sq ft	£355	£325,000
34, Franklin Street Terraced	Terraced	Dec 2020	990 sq ft £324/sq ft	990 sq ft	£324	£321,000
29, Franklin Street Semi-detached	Semi-detached	Oct 2020	850 sq ft £388/sq ft	850 sq ft	£388	£330,000
36, Franklin Street Terraced	Terraced	Mar 2020	1,001 sq ft £318/sq ft	1,001 sq ft	£318	£318,000