4-bedroom house · RG6 3AY
Sold STCReduced £25k (−4.2%) on 11 JulListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Eriswell Close in Lower Earley, this four-bedroom house provides around 1,412 sq ft of accommodation, including the integral garage.
The ground floor offers two separate reception rooms, with a living room to the front and a second reception room overlooking the rear garden.
The kitchen/dining room is positioned at the back of the property, separate from the reception areas, with space for a table and access to the garden.
A downstairs WC is located off the hallway, and there is internal access to the garage.
Upstairs, there are four bedrooms, with the main bedroom to the front, two further double rooms and a fourth bedroom that could also be used as a study.
The bathroom includes a bath, wash basin and WC. The garage measures over 17 ft in length and is complemented by driveway parking.
Eriswell Close is a residential cul-de-sac in Lower Earley, to the south-east of Reading.
The property is within reach of local amenities including the Asda complex, Maiden Place Centre and Marks & Spencer at the Lower Earley District Centre.
There are bus services into Reading town centre, convenient access to the A329(M) and M4, and nearby green space at Laurel Park and Loddon Valley.
The area is served by local primary and secondary schools.
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 15, Eriswell Close, Reading
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