5-bedroom house · RG10 0RR
For saleReduced £70k (−5%) on 21 OctListed 654 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a rural location, just a short distance from Hurst village centre with its post office and general store, bakery, three public houses and highly regarded primary school.
This superb detached family house occupies a generous gated plot extending to approximately a quarter of an acre with a further gated paddock of just under half an acre all backing on to open farm land.
Approached via a brick paved driveway you enter the house via an oak framed porch into a bright entrance hall leading to the ground floor accommodation and an oak stair case leading upstairs.
The main reception is double aspect with a dru Maestro Eco wave lpg gas fire place.
Heading through to the rear is a spacious kitchen/breakfast/family room, with two large lantern roofs and bi-fold doors opening into the rear gardens.
The kitchen is fitted with handmade and painted soft-close wall and base cabinets with Georgian style doors set on three sides around a large central island and breakfast bar, with an attractive oak mantle incorporating a Westin canopy extractor above a Falcon 5-zone induction top, range cooker.
Other integrated appliances include an American style fridge/freezer dishwasher microwave oven and a Caple wine cooler.
The utility room also has fitted storage and plumbing for laundry appliances and houses the plant for the air-source heating system pressurised hot water storage.
An inner lobby provides access to a study or potential guest room with a shower/cloakroom adjacent and further access to a large garage with electric door.
From the first floor galleried landing you have access to five generously proportioned bedrooms with lofty ceilings.
The double aspect principal bedroom with bi-folding doors and Juliet balcony has views over the rear gardens and paddocks beyond.
It also has an en-suite bathroom with separate shower and fitted wardrobes.
A guest suite with front and rear aspect also benefits from an en-suite shower room and the family bathroom serves the remaining three double bedrooms.
Outside to the rear is a wide paved terrace leading on to a large lawn with post and rail fencing and a gate leading to a gravel driveway to the side of the house and to a five bar gate access the rear paddock, the total plot area is approximately 0.75 acres.
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 Nicholas House,, Nelsons Lane, Reading
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