3-bedroom bungalow · RG6 1BX
For saleReduced £25k (−4.5%) on 27 SepListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property comes to market with no onward chain.
This well presented three-bedroom bungalow situated on the sought-after Pitts Lane in Earley, a popular residential area known for excellent schools, convenient transport links and a strong community feel.
The property offers spacious living accommodation, a generous rear garden, off-street parking with a garage.
From the welcoming entrance hall, there are three good size bedrooms which are situated at the front of the property, with an en-suite shower room in the main bedroom.
From the hallway there is an integral door leading to the garage. There is a fully functioning family bathroom.
The nice size kitchen/diner is again light and airy, with a door leading to the rear garden and front of the property.
The spacious living room, has a lovely featured fireplace, is light and airy with double doors leading into the garden room with beautiful views on the well maintained rear garden.
From the garden room there are French doors leading to the patio area, where outdoor seating would make it a lovely space for entertaining and alfresco dining.
The private rear garden is laid mainly to lawn, with some mature shrub beds. Located within the Maiden Erlegh School and Aldryngton Primary School catchment area.
Easy access to the M4 motorway junction 10 heading to London or the West Country.
Walking distance to Earley Station, local shops and bus routes into Reading Town Centre where you will find the Oracle shopping centre and riverside restaurants and Reading mainline train station with direct trains into London Paddington and the Elizabeth Line taking you into Central London.
Value & comps
No previous sales on record.
Returns
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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 49, Pitts Lane, Reading
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