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See how verdicts work3-bedroom terraced house · RG40 1RQ
Sold STCListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built in 1905, this character-style extended cottage has a convenient location and is available for the first time in almost two decades.
As you enter the front door, you will find yourself in a cosy front room, as this is not the formal living room, this space is currently being used as a snug, especially benefitting in Winter months due to the full-working fireplace.
The wood flooring in this room helps the rooms’ welcoming feel and is continued throughout much of the ground floor.
Immediately to the right, the formal dining room is presented in immaculate order and is completed by double-glazed Sash windows (that can also be found throughout), which helps retain the fresh character feel of this home.
The well-maintained kitchen is positioned to the rear, overlooking the attractive garden and has a farmhouse feel.
There are ample storage cupboards, a Rangemaster oven and a good amount of worktop space – ensuring this kitchen is suitable for all keen chefs.
The spacious kitchen is large enough to host a dining table, which is perfect for those who may need to repurpose the formal dining room and has access to a boot room/utility.
There is also a beautiful stable door that provides side access. A large living room to the rear and a smart downstairs toilet concludes the ground floor.
Upstairs, there are three well-proportioned bedrooms.
The two largest rooms are very similar in size and as such, either can be used as the principal bedroom, although one of the rooms does have large integrated wardrobes.
The smaller bedroom is a generous single and is currently being used as a hobby room/study.
The three-piece fully tiled family bathroom is spacious and immaculately presented offering bathtub with stand over shower.
Externally, the gravelled driveway offers off-street parking for multiple vehicles. There is also two e-charger points that will remain at the property.
The rear garden feels like its own oasis, benefitting from complete privacy.
The current owner has intelligently mapped out the garden into separate areas including a gardening haven to the rear with a greenhouse and multiple vegetable beds, a large patio which is perfect for entertaining friends and family, and a large area laid to lawn with a mature border, which is perfect for lazing in the sun.
There is also a large amount of storage to the side of the property.
Plough Lane is an extremely convenient location being moments from the A329m/M4 and Wokingham town centre, which is home to a London-serving train station.
Both the Foundry Bell and Oakingham Belle can be reached in just a short stroll, and the desirable St Crispins is an easy walk for students also.
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 Plough Lane, Wokingham, Berkshire, RG40
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