3-bedroom semi-detached house · RG4 7SU
Sold STCListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well positioned Victorian three bedroom semi detached in need of updating.
The property offers excellent scope to improve and includes, living room, dining room, large kitchen, upstairs bathroom and west facing rear garden.
Only a 4 minute walk to Caversham centre & a 20 minute walk to Reading mainline station.
No onward chain SITUATION This property is a short walk from local amenities including the public library, doctors' surgery, dental practice, Thameside Primary School and an excellent range of small restaurants, pubs, local shops and Waitrose supermarket.
There are frequent bus services to Reading and beyond. Nearby, Christchurch Meadows and the Thames Towpath provide extensive opportunities for walking, cycling and sporting activities.
There is easy access to Reading mainline station with journey times to London Paddington approx.
25 minutes and has been further complemented with the arrival of Crossrail that offers direct routes to the central areas of the City of London ENTRANCE HALL Stairs to first floor, radiator, cupboard housing fusebox, understairs cupboard LIVING ROOM Front aspect bay with sash windows, radiator, original cornicing DINING ROOM Rear aspect and side aspect windows, radiator and fitted cupboards, through to KITCHEN Rear and side aspect windows, fitted with worktops and cupboards, appliance space, wall mounted gas boiler, radiator and half glazed door to outside STAIRCASE FROM ENTRANCE HALL TO FIRST FLOOR LANDING Hatch to loft space, radiator BEDROOM ONE Twin front aspect windows and radiator BEDROOM TWO Rear aspect window, radiator and cupboard housing hot water cylinder with shelving BEDROOM THREE Rear aspect window and radiator BATHROOM Three piece suite comprising panelled bath.
W.C., pedestal wash hand basin and side aspect window REAR GARDEN To the rear as an approximate 70ft.
garden mainly laid to lawn with hardstanding to the rear, enclosed by brick walls with useful rear access gate, outbuilding and side gate TENURE Freehold SCHOOL CATCHMENT Thameside Primary School Highdown School and Sixth Form Centre COUNCIL TAX Band D FREE MORTGAGE ADVICE We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access a variety of mortgage rates from leading Banks and Building Societies.
For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on LOCATION This image is for indicative purposes and cannot be relied upon as wholly correct
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Hemdean Road, Caversham, Reading
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