3-bedroom house · RG40 5BD
For saleReduced £25k (−4.3%) on 30 SepListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in the popular Mulberry View development, this modern. Well presented three bedroom semi detached home benefits from light and airy accommodation throughout.
The well proportioned living accommodation comprises of a welcoming entrance hallway benefitting from a large storage cupboard and a downstairs WC.
To the right of the hallway is an open plan kitchen/dining room.
The kitchen benefits from fitted eye and base level units and a range of integral appliances, whilst the dining area is big enough for an eight seater table and chairs.
To the rear of the ground floor is a spacious living room withy double doors to the private rear garden. Upstairs, the master bedroom benefits from fitted wardrobes and an en-suite shower room.
There are two further good sized bedrooms and a modern three piece family bathroom suite. Externally, to the front there is parking via own drive for two cars which leads to a garage.
The garage also benefits from a door to the back leading directly into the garden.
The garden is larger than your average modern house and benefits from a larger patio - giving great entertaining space.
Readwin Crescent forms part of the popular Mulberry View development in Wokingham, an attractive residential setting with a range of local amenities close by.
Wokingham town centre offers an excellent selection of shops, cafés, restaurants and leisure facilities, while the area is well placed for access to local schools and transport links.
The development also provides convenient access to the wider road network, making it well suited to both commuters and families.
Value & comps
No previous sales on record.
Returns
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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 14, Readwin Crescent, Wokingham
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