3-bedroom bungalow · RG41 1EW
For saleListed 1 day
Opportunity summary
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About
This spacious three bedroom bungalow offers versatile accommodation, including an impressive open plan kitchen/living room and a separate summer house.
The accommodation comprises an entrance hall, three double bedrooms, two with en suite shower rooms, and a family bathroom.
The open plan kitchen/living room features a breakfast bar, a log burner and French doors opening onto the garden.
The master bedroom benefits from an adjoining dressing area and en suite shower room, while bedroom three also enjoys en suite facilities, a kitchenette unit, and independent external access, making it a completely self contained space.
The attractively landscaped wrap around garden includes a detached summer house providing useful additional space.
The attractively landscaped rear garden provides a delightful setting for outdoor entertaining, with a lawn bordered by established planting, mature shrubs and trees.
Paved terraces offer a choice of seating and dining areas, while stepping stones lead through the garden to a contemporary summer house.
A further seating area and space for a hot tub complement the garden, which is enclosed by a combination of timber fencing and rendered walls.
To the front, a pea-shingle driveway provides generous parking for three to four vehicles. Planning permission was granted in 2023 for a single storey side and rear extension.
Mill Mead is situated in the Emmbrook area of Wokingham, with access to local schools and the Reading Road.
Wokingham town centre offers a range of shops, cafés, restaurants and leisure facilities, together with a railway station providing connections to Reading and London Waterloo.
Council Tax Band: D Local Authority: Wokingham Borough Council Energy Performance Rating: D
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.
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About Mill Mead, Wokingham
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