2-bedroom house · RG40 1BF
Listing removedReduced £25k (−5.9%) on 22 JulListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brought to the market with no onward chain, this well presented two bedroom terraced house is situated on the popular Carillons development to the east of Wokingham town centre.
The ground floor accommodation comprises cloakroom, living room and kitchen/diner with access to the rear garden.
On the first floor are two bedrooms, including master bedroom with en suite shower room, and a family bathroom.
Further features include uPVC double glazed windows and doors, gas central heating and two allocated parking spaces. To the front is a small area of shrubs with a courtesy path to the front door.
The rear garden is enclosed by wooden fencing, laid to lawn with an area of patio across the back of the house.
A pathway leads to the rear of the plot where there is a wooden shed and gated access to two allocated parking spaces.
Nb: This is information will need to be verify through your solicitor, as part of the conveyancing process.
Carina Drive is part of the sought after Carillons development built by Bellway Homes and situated approximately one mile east of Wokingham town centre.
The area has proved to be extremely popular because of the excellent road links to the A329(M) and M4 motorway.
Council Tax Band: D Local Authority: Wokingham Borough Council Energy Performance Rating: C
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 45, Carina Drive, Wokingham
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