3-bedroom terraced house · RG40 1TU
Sold STCListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity awaits with this three-bedroom house, perfectly positioned in a popular area and offering significant potential for modernisation to create your ideal living space.
The property, built in the 1950s, features a well-proportioned reception room, kitchen/breakfast room and garden room.
Outside, you'll discover a substantial 0.19-acre garden, providing an exceptional outdoor retreat.
Situated within easy walking distance of Wokingham Town Centre, all local amenities are conveniently accessible. This home is offered with no onward chain.
To conform with government Money Laundering Regulations 2019, should you agree to purchase a property through ourselves, we are required to confirm the identity of all prospective buyers.
We use the services of a third party, Credas and Landmark, who will contact you directly to do this.
There is a nominal charge of £40 incl VAT for this (per transaction not per person), payable directly to them. We are unable to issue a memorandum of sale until the check is completed.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Norreys Avenue, Wokingham, Berkshire RG40 1TU
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