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 work4-bedroom detached house · RG4 8NJ
Listing removedReduced £20k (−2%) on 1 JulListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property description This beautifully refurbished and extended detached home is set in a quite leafy location a short walk from Balmore Park and Caversham centre.
This home is ideal for families with its close proximity to good nurseries, primary schools and within a half an hour walk of Reading mainline train station, only 1.3 miles.
The property features a 24ft x 23ft open plan living area with gas fire, vaulted ceiling extension and bi-folding doors leading into the garden. EPC Rating C.
Local information Caversham is a vibrant and charming location which is rich in history and boasts some of the most beautiful roads.
It lies on the north bank of the River Thames and spreads to the foothills of the Chilterns.
On the opposite bank is the highly commercial town of Reading and the mainline train station (25 mins to London Paddington).
It is easily accessible by the Caversham Bridge, Reading Bridge, Christchurch Bridge and the Lock.
The centre has a comprehensive shopping area with many good independent cafes, bars, pubs and restaurants. There are a range of excellent private and state schools in the area.
Accommodation Spacious entrance hall, study with bay-window, ground floor cloakroom, generous open plan living/dining/family room with bi-folding doors leading into the garden.
Re-fitted kitchen with granite work surfaces and high end appliances. Utility room with access into the garage. Upstairs the principal bedroom has built in wardrobes and a stylish En Suite.
There are three further double bedrooms and a refurbished family bathroom. Outside space Driveway parking and a double garage. The house benefits from a landscaped garden at the rear.
There is a wrap around patio laid to lawn with a private seating area at the bottom of the garden. There is a green house and a wooden shed. Local authority and services Mains gas, electric and water.
Water softener. Council tax band F. Alarm and CCTV Conveyancing We work with DT Conveyancing to help you buy your property with confidence.
Your dedicated conveyancer will keep you informed at every stage from start to finish. Making your move a stress-free and straightforward as possible.
Mortgages your home may be repossessed if you do not keep up repayments on your mortgage Exclusive deals are made available to Embrace Financial Services by primis Mortgage Network, to which Embrace Financial Services are an Appointed Representative Davis Tate Limited is an Introducer Appointed Representative of primis Mortgage Network, a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products.
Embrace Financial Services Ltd. Is an Appointed Representative of primis Mortgage Network, a trading name of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority.
Lettings and management We offer a complete range of services for Landlords, from fully managed lets to advertising only.
Each Landlord who chooses full management has a personal Property Manager and all our fees are based on a ‘no let - no fee’ basis. Disclaimer These particulars are a general guide only.
They do not form part of any contract. Services, systems and appliances have not been tested.
Buyers information To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers.
There is a nominal charge of £78 including VAT for this (for the transaction not per person), payable direct to Lifetime Legal.
Please note, we are unable to issue a memorandum of sale until the checks are complete.
Referral fees We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.
We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.
The ancillary service provider may be an associated company of Davis Tate. DRE250587/
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 24, Picton Way, Reading
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