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 terraced house · RG4 7ST
Sold STCListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fine bay fronted Victorian terrace in a sought after location within half a mile of Caversham centre within Caversham Primary catchment.
Providing spacious two bedroom accommodation, well maintained while occupying a delightful south-west facing secluded garden in the region of 75ft.
SITUATION Caversham lies just north of the River Thames - close to Reading town centre, yet with a distinct village-like feel.
It offers picturesque riverside views, scenic towpaths, and charming walks, alongside a wide range of shops, bars, and restaurants.
The area is further enhanced by excellent health and fitness facilities with the Rivermead Sports Complex on its border, and highly regarded primary and secondary schools.
Reading mainline station, within half a mile of Caversham Bridge, provides fast services to London Paddington in around 25 minutes, as well as access to the Elizabeth Line for direct routes into central London.
Nearby Emmer Green and Caversham Heights lead into the South Oxfordshire countryside, with well-regarded golf courses and easy access to nearby Henley-on-Thames ENTRANCE Front door to RECEPTION HALL With encased radiator and staircase to first floor, door to LIVING/DINING ROOM Large open dual aspect room naturally segregated by an archway for living and dining areas LIVING AREA with front aspect feature double glazed bay window with bench seat, central fireplace with hearth surround, mantel over and fitted wood-burning stove, with recess cabinet housing electric meter, radiator, dado rails and picture rails DINING AREA with rear aspect double glazed sash window, radiator FITTED KITCHEN Hand-made pine kitchen comprising double drainer stainless steel sink unit with mixer tap and cupboards under, further range of both floor standing and wall mounted eye level units with contrasting work surfaces, gas cooker point, plumbing for washing machine, appliance space for fridge/freezer and wall mounted gas boiler.
Twin side aspect windows, kitchen door to garden, quarry tiled floor and large understairs storage cupboard STAIRCASE FROM RECEPTION HALL TO FIRST FLOOR LANDING With access to loft space above and built in airing cupboard housing hot water tank and slatted shelving BEDROOM ONE With twin front aspect double glazed sash style windows, radiator and picture rails BEDROOM TWO With rear aspect double glazed sash style window, radiator and range of fitted wardrobes with cupboard space above BATHROOM With suite comprising corner bath with independent shower unit, curtain and rail, wash hand basin and W.C., with a mixture of tiled and panelled surrounds, radiator and rear aspect double glazed sash style window REAR GARDEN At the rear of the property is a delightful south-west facing garden with pea shingle and paved patio area immediately from the property with useful potting shed with power adjacent with outside water tap The patio leads to main lawn garden area with flower and shrub borders, mature holly tree with various bedded shrubs beyond together with timber fenced enclosures At the rear is a pitched roof storage shed, rear pedestrian gateway access and productive vegetable plot.
In all the gardens extend approximately 75ft.
enjoying excellent seclusion OUTSIDE The front of the property is entered via a timber gateway with quarry tiled path leading to front door, with small enclosed garden area with various beds together with brick retained wall enclosure TENURE Freehold SCHOOL CATCHMENT Caversham Primary School Highdown School and Sixth Form Centre COUNCIL TAX Band C FREE MORTGAGE ADVICE We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access a variety of mortgage rates from leading Banks and Building Societies.
For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on LOCATION This image is for indicative purposes and cannot be relied upon as wholly correct
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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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 Hemdean Road, Caversham, Reading
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