House · RG7 4NR
For saleReduced £750k (−15.8%) on 22 OctListed 511 days
Opportunity summary
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About
Former Padworth College, Padworth House, Sopers Lane, Padworth, Reading RG7 4NR A fine Grade II* listed mansion principally dating from the Georgian era, enjoying stunning far reaching views across the West Berkshire landscape.
• For sale with vacant possession on completion • Buildings in all: 51,680 sq ft (4801.2 sq m) • Gardens and grounds approx.
11.04 acres (4.46 hectares) • Potential for continued use as a school (boarding), or alternative uses such as day school, residential, private family home, senior living, or hotel/hospitality, subject to all the necessary consents • Excellent location – convenient for M4 (Junction 12) 6 miles, Reading 9 miles (with fast trains to London Paddington (approx.
29 mins) and Heathrow (approx. 40 mins by car) The property has at its focal point the Grade II* listed Georgian mansion which is approached along a tree lined drive passing a large pond.
It is located just south of Padworth village and approximately 1.5 miles off the A4 (Bath Road) road linking Reading with Newbury.
Lying approximately 9 miles to the south west of Reading, the property has over the years been converted to a college, extended and adapted to suit, plus a number of extension buildings of varying ages, including student boarding accommodation and the teaching building.
Other on site facilities include tennis courts and an outdoor heated swimming pool.
The grounds include formal lawns, as well as informal areas with a small lake and woodland which all create a wonderful rural feel, but yet it is not too distant from excellent transport links Padworth College is located within the Kennet Valley, in the hamlet of Padworth and within West Berkshire but close to the Berkshire/Hampshire borders, approximately 50 miles west of London.
It enjoys beautiful far reaching views across the Kennet Valley and surrounding countryside within a delightful rural setting but with the benefit of excellent commuter links.
Local amenities can be found in the neighbouring villages of Theale, Tadley, Burghfield Common, Mortimer and Aldermaston (all less than 4 miles).
The nearest local mainline train stations Aldermaston Wharf and Theale serving Reading and London Paddington in under an hour.
Reading station (9 miles) offers fast commuter services to London Paddington in under half an hour, plus more extensive amenities including High Street shopping and department stores, sporting and leisure facilities and larger supermarkets.
Additionally, trains and shopping facilities can be found in Newbury (11 miles), and Basingstoke (12 miles) also provides a train service to London Waterloo.
The M4 (6.3 miles to Junction 12 ) and M3 can be easily accessed for travel towards London and its airports, or to the West Country or the south coast.
The location offers opportunities for country pursuits, including cycling, horse riding and scenic walks on Padworth Common's nature reserve and along the Kennet & Avon Canal.
The area is well served with highly regarded schools including local state primary and nursery schools, and independent schools such as Bradfield College, Pangbourne College, Brockhurst & Marlston, Elstree and Downe House.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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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.
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