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 work4-bedroom house · RG7 1FB
Listing removedReduced £25k (−5.9%) on 25 JunListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain Set within a popular residential development in semi-rural Spencers Wood, this well-presented end of terrace town house was built by Miller Homes approximately 20 years ago.
Ideal for a first-time buyer, or for a family looking to upsize, the spacious and versatile accommodation comprises entrance hall, downstairs cloakroom, study/fourth bedroom and a large, full width kitchen/dining room with integrated appliances and patio doors leading to the rear garden.
To the first floor, there is a guest bedroom, a living room with twin Juliet balconies and a landing which gives access to the top floor, which in turn has a family bathroom and two double bedrooms, including the master which has an en-suite shower room and built-in wardrobes.
Externally, there is a garage and parking, whilst to the rear, the courtyard style garden faces South and is a great entertaining space in the spring and summer months.
Fronting on to large communal grounds, the property is within easy reach of both Reading and Wokingham town centres, as well as open countryside, village pubs, and local shops.
For anyone looking to commute, there is a bus stop very close by and the M4 is just a couple of miles away.
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
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FAQ
About 21, Benham Drive, Reading
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