We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · RG40 1RD
Listing removedReduced £50k (−9.1%) on 5 JulListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented three bedroom detached bungalow offers spacious and versatile single storey living, ideal for a range of buyers.
The property features a generous living/dining room, providing a bright and comfortable space for both relaxing and entertaining, alongside a well appointed kitchen.
There are three bedrooms in total, one is currently being used as a family room, highlighting the flexibility of the layout for family living, guest accommodation or home working, all served by a family bathroom.
In addition, the property benefits from bus stops on either side of the road, giving easy access to the town centre.
The property benefits from a private rear garden, offering a pleasant outdoor space for relaxing and entertaining.
To the front, there is ample off street parking for multiple vehicles, making it highly practical for families or those with several cars.
London Road is conveniently located for easy access to Wokingham town centre, which offers a wide range of shops, restaurants and leisure facilities.
The property is well positioned for local schools and transport links, including Wokingham railway station and access to the A329(M) and M4.
Council Tax Band: D Local Authority: Wokingham Borough Council Energy Performance Rating: Tbc
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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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 advisers 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
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FAQ
About 322, London Road, Wokingham
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