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See how verdicts work3-bedroom house · RG7 3TU
Listing removedListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This extended semidetached property is brought to market in a very popular village.
The property is in need of some T L C after the tennants left the property needing some changes made, nothing major but certainly new carpets. This is reflected in the price.
The property offers, three bedrooms, two doubles and a generous single, and the family bathroom on the first floor.
On the ground floor there is a large hallway giving access to a storage cupboard, downstairs cloakroom, stairs to the first floor and access to the kitchen/breakfast room.
From the kitchen/Breakfast room there is access to the large lounge and dining area at the rear of the property. The dining area to the rear has sliding patio doors out to the rear garden.
The 18 feet lounge has a front aspect window. To the rear of the property there is a patio area leading to the enclosed rear garden and access to the garage that sits adjacent the property.
To the front there is a small we maintained garden, and a driveway for numerous cars leading to the garage that comes with the property.
Mortimer has its own train station giving access to Reading or Basingstoke.
Where you can then get into London Paddington and Waterloo Mortimer has two schools John`s primary and St Mary`s junior schools, it has a Co-op, Morrisons Supermarket as well as doctors’ surgery, dentist, two chemists, Co-op and Morrisons supermarkets, post office, hairdressers, churches, coffee shops, numerous pubs and recreation grounds with tennis courts for hire
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
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FAQ
About 20, Stephens Road, Reading
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