We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · RG4 7BD
Sold STCListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb three bedroom detached bungalow occupying a level wide and secluded south west facing garden and positioned in a peaceful road in Caversham Heights.
Benefitting from a centralised and spacious kitchen/dining family room with vaulted ceiling and complemented by a separate triple aspect living room with three en-suited bedrooms.
Within one mile of Caversham centre . No chain SITUATION Caversham lies just north of the River Thames - close to Reading town centre, yet with a distinct village-like feel.
It offers picturesque riverside views, scenic towpaths, and charming walks, alongside a wide range of shops, bars, and restaurants.
The area is further enhanced by excellent health and fitness facilities with the Rivermead Sports Complex on its border, and highly regarded primary and secondary schools.
Reading mainline station, within half a mile of Caversham Bridge, provides fast services to London Paddington in around 25 minutes, as well as access to the Elizabeth Line for direct routes into central London.
Nearby Emmer Green and Caversham Heights lead into the South Oxfordshire countryside, with well-regarded golf courses and easy access to nearby Henley-on-Thames ENTRANCE Front door to ENTRANCE HALL With tiled floor, radiator, front aspect double glazed window and double glazed door through to RECEPTION HALL With radiator, vaulted ceiling and double glazed front aspect window, leading through to CENTRAL OPEN-PLAN KITCHEN/DINING ROOM Naturally segregated for kitchen and dining areas KITCHEN well fitted comprising single drainer one and a half bowl sink unit with mixer tap and cupboard under with waste disposal, range of floor standing units with laminated work surfaces and contrasting tiled surrounds, with inset four ring electric hob with extractor hood above and split level integrated double oven, further integrated fridge/freezer, plumbing for dishwasher, tiled floor DINING AREA with oak style floor, room for table and chairs, two radiators, breakfast bar with further kitchen cupboard space and seating area.
Part vaulted ceiling, dual aspect with side double glazed windows, rear double glazed picture window and integrated double glazed French doors to garden LIVING ROOM Superb triple aspect room with double glazed windows and matching sliding patio doors to garden, two radiators and neat gas display heater, oak style flooring.
The living room is entered via double doors from kitchen/dining room INNER HALLWAY FROM RECEPTION HALL With airing cupboard and radiator BEDROOM ONE With side aspect double glazed window, radiator Door to EN SUITE BATHROOM White suite comprising twin-grip bath, wash hand basin, W.C., with fully tiled walls and floor, heated towel rail and side aspect obscure double glazed window BEDROOM TWO With front aspect double glazed window, radiator, range of fitted wardrobes and door to Door to EN SUITE SHOWER ROOM Comprising fully tiled shower, wash hand basin, W.C., fully tiled walls and floor, heated towel rail and front aspect obscure double glazed window BEDROOM THREE/STUDY Front aspect double glazed window, radiator, fitted cupboard space and shelving with clever integral pull-out bed WALK IN UTILITY CUPBOARD with plumbing for washing machine and tumble dryer space above, tiled floor and access to loft space above.
Door to EN SUITE SHOWER ROOM Comprising fully tiled shower, wash hand basin, W.C., fully tiled walls and floor, heated towel rail and extractor REAR GARDEN At the rear of the property is a delightful south-west facing garden, wide and secluded, predominantly laid to lawn with paved patio area adjacent to the kitchen/dining room and extending round to the main living room.
With interspersed flower and shrub borders with maturing evergreens and hedging together with a mixture of brick retained wall and timber fenced enclosures.
Side access front to rear via wrought iron gate with covered car port and outside water tap.
The gardens extend around the other side of the property with further small lawned area and mature specimen shrubs and evergreens There is a timber potting shed/greenhouse and summerhouse entered via double doors with power and light In all the gardens extend approximately 35ft in length and 60ft wide OUTSIDE The front of the property is entered via a block paved driveway providing off-road parking for three vehicles with driveway extending along the side of the garage and leading to carport ATTACHED GARAGE With electrically operated up and over door, housing meters to the rear and wall mounted gas boiler, plus pressurised hot water cylinder and water softener.
There is also a useful side pedestrian access to garage FRONT GARDEN There is a lawned garden area to the front with low brick retained wall enclosure with an array of flower and shrubs and maturing evergreens with block-paved pathway leading to the front door AERIAL VIEWS PLEASE NOTE A selection of the photos included within these property details have been digitally staged to enhance viewing perspective TENURE Freehold SCHOOL CATCHMENT Caversham Primary School The Heights Primary School Highdown School and Sixth Form Centre COUNCIL TAX Band E 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
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Ilkley Road, Caversham, Reading
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