4-bedroom terraced house · RG19 3UT
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superbly presented four bedroom house with two reception rooms, ample parking for several cars and a south facing garden with a C.140 sq.ft. Multi-use outbuilding.
Extended in 2020 by a renown local builder, the property offers generous living spaces and well-proportioned bedrooms, featuring a modern fitted kitchen and luxurious family bathroom.
On entrance through the porch and into the sizeable kitchen, there are plenty of appliance spaces for a us style fridge/freezer and washing machine, plus a built-in dishwasher, halogen hob and electric oven.
The gas boiler is also helpfully located in the corner near the window.
The original garage has been converted to a second reception room that makes for an ideal dining room, play room and is current used as a beauty therapy salon.
The generous sitting room benefits from an abundance of natural light through the window and French doors opening to the patio.
An attractive media wall with a panelled detail, includes an electric flame effect fireplace, built-in shelving and cupboards on both sides and space for a large TV.
A deep built-in cupboard offers great storage for small appliances and coats, and sits beside the stairs to the first-floor landing.
The landing connects all four bedrooms with the family bathroom, marginally extended to create a luxurious four-piece suite including a walk-in shower cubicle and roll-top bathtub.
The main bedroom features a row of fitted wardrobes with plenty of space for the marital bed and bedside cabinets.
The remaining three bedrooms are all well-proportioned and provide space for beds plus additional furniture.
The house is heated with gas central heating to radiators, UPVC double-glazing and loft insulation.
Outside, the frontage is divided between driveway parking for at least two cars that extends across a gravel area for another vehicle.
The rear garden is southerly facing and absorbs generous amounts of sunlight throughout the day.
A wonderful patio extends the rear of the property and leads onto the grass section that passes across the front of the recently installed timber and glazed summerhouse, with power sockets and lighting installed.
A greenhouse and gated rear access can be found at the top of the garden.
Situated close to a highly-regarded primary school, secondary schools, the Nature Reserve and historic reed beds can all be found nearby.
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
Agent & docs
FAQ
About 7, Derwent Road, Berkshire
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