3-bedroom house · RG1 8ET
For saleReduced £10k (−3%) on 24 SepListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Walmsley Estate Agency are pleased to offer to the market this Victorian bay-fronted terrace house, situated in a sought-after location, it enjoys a convenient proximity to Caversham and Reading centres.
The accommodation comprises entrance hall, living room, dining room, fitted kitchen, bathroom with separate shower room, and three individually accessed bedrooms on the first floor.
Externally, the property boasts an enclosed rear garden with a raised patio seating area, leading to an area of lawn with mature flower and shrub borders.
Additionally, the property benefits from gas central heating and double-glazing to the majority of the property.
Cardiff Road proves to be an ideal location for effortless commuting, with the mainline station conveniently located within 0.7 miles.
This station offers swift and regular services to London Paddington, bringing the vibrant capital within a 35-minute reach.
The property also enjoys the advantage of Cross Rail services, enhancing connectivity for both leisure and work. EPC D. Tax band C. No onward chain.
** Photos taken prior to tenancy** Living Room (3.51m x 2.72m (11'6 x 8'11)) Dining Room (3.71m x 3.71m (12'2 x 12'2)) Kitchen (3.02m x 2.49m (9'11 x 8'2)) Bathroom (2.92m x2.21m (9'7 x7'3)) Bedroom 1 (3.71m x 2.69m (12'2 x 8'10)) Bedroom 2 (3.71m x 3.02m (12'2 x 9'11)) Bedroom 3 (2.90m x 2.39m (9'6 x 7'10))
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 16, Cardiff Road, Berkshire
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