3-bedroom house · RG40 3NT
For saleReduced £50k (−8.3%) on 10 SepListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain complications Development/extension potential Located in a sought after area of Finchampstead and on a sizeable plot, this detached home offers fantastic potential for development or refurbishment and has the benefit of no onward chain.
The property offers spacious accommodation throughout which comprises a welcoming entrance hallway, 20ft living room with double doors to the garden, a large 'L' shaped kitchen/dining room, two large storage areas and an integral garage.
Upstairs there are two large 20ft double bedrooms, with the master benefitting from fitted wardrobes, a further double bedroom, a bathroom suite and a separate WC.
Outside, the property is set on a large wrap around plot giving fantastic outside space and the opportunity for development and there is a driveway leading to the garage.
The current owner has submitted plans for development and these details can be viewed upon request.
Being located on the corner of Nine Mile Ride and Kiln Ride Extension, this is the perfect location as there is an abundance of fantastic schools, a local shop, takeaway options, and the wonderful California Country Park within easy walking distance.
Wokingham town centre also lies just 3 miles from this property.
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 252a, Nine Mile Ride, Wokingham
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