3-bedroom semi-detached house · RG41 1JT
Opportunity summary
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About
NO ONWARD CHAIN | Opportunity to restore and renovate a character 2-3 bedroom Victorian cottage in Emmbrook.
With good scope to extend, approx 117' long south-facing garden, driveway parking, and garage. Super convenient for Cantley Park, footpaths to Wokingham town, and a 20 minute walk to the station.
With attractive roof gable, bay window, and roof pitch compatible with a loft conversion, this property also has plenty of potential to extend to the rear (subject to planning permission).
There's shared driveway access to the rear garage, driveway parking for one car to the front, and scope to widen this to two parking spaces. Parking on Matthewsgreen Road is unrestricted.
In keeping with its period, the third bedroom is accessed through bedroom two - this could be re-imagined as a large en-suite bathroom, or sectioned with a stud wall and retained as a bedroom or family bathroom.
Both reception rooms have fireplaces, and we understand the living room and dining room fireplaces are commissionable.
The garden is ideally positioned for sun-lovers, with a south-facing garden and not overlooked to the rear.
Ultrafast Broadband availability - Download speeds up to 1000Mbps - Upload speeds up to 1000Mbps.
Please see the widget on our map for full details on connectivity, transport links, schooling and amenities.
Notes on Property Condition In the same family for nearly 60 years, this property has not been modernised, but is deemed habitable for mortgage purposes, with serviceable kitchen and bathroom.
Replacement windows in a sash style are double glazed Upvc.
We have not tested any appliances or services, but the sellers have stated that the gas central heating is in working order, with the last boiler service in April 2024.
Disclosure is made that the chimney and roof tiles to the rear require remedial work, and there are signs of water ingress in some places.
Buyers are advised to have a buildings survey to identify any further works required.
Please get in touch with Nick Harris or Teresa Ling at Quarters Estate Agents, Wokingham, for further details or to discuss viewing arrangements.
Council Tax Band: D (Wokingham Borough Council) Tenure: Freehold Rights & easements: Shared driveway
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
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FAQ
About Matthewsgreen Road, Wokingham
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