6-bedroom house · RG10 8LA
Opportunity summary
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About
A unique opportunity to acquire 1 and 2 Kings Farm Cottages, two charming three-bedroom semi-detached cottages located in the heart of Wargrave village.
Offered for sale together at £1,000,000, the properties provide a versatile opportunity for a purchaser looking for a substantial family home project or development potential, subject to the necessary planning consents.
Both cottages are currently arranged as separate three-bedroom homes, each offering a reception room, kitchen/breakfast room and downstairs shower room, with three bedrooms arranged over the first floor.
The properties retain a number of character features, including feature fireplaces in number one.
Externally, the combined property benefits from a generous overall plot incorporating additional side and rear land, together with off-road parking. There are also outside laundry/storage areas.
The existing properties offer considerable scope to be reconfigured and potentially combined to create one large detached family home, subject to planning.
Alternatively, the overall site may offer development potential, also subject to planning and the relevant consents.
The properties are situated in the sought after village of Wargrave, providing convenient access to local amenities, schools, transport links, including the train station the surrounding countryside and River Thames.
Offered for sale as one lot at £1,000,000. EPC ratings D. All mains services. Wokingham Borough Council Tax Band D. No onward chain.
Please contact us for further information regarding the combined purchase, the associated land and the potential development or conversion opportunities. Quote Reference: 833517
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 1 and 2 Kings Farm Cottages, Blakes Road, Wargrave
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