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See how verdicts work5-bedroom house · RG40 1SL
For saleListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached family period home offering the best of both Georgian and Victorian architecture, steeped in character and charm, retaining nearly all its period features.
The house has been lovingly extended and improved over the centuries whilst offering 2500sqft of living accommodation and wrap-around plot.
This is one of few properties of its age that remains Unlisted and is on the doorstep of most of Wokingham’s best amenities. This, is Merton Lodge.
As you enter Merton Lodge, the feeling of space immediately captures your attention thanks to the neutral paintwork, high ceilings and abundance of natural light.
The large hallway has an array of versatile reception rooms branching off it including a spacious, but cozy, dual-aspect living room centred around a working fireplace; a home gym that has historically been used as a study, a cinema room that has been improved significantly by the current owners and a dining room with yet another authentic working fireplace and space enough to host an eight seater dining table with ease.
The dining room leads onto both the conservatory and the kitchen.
The handmade kitchen units are presented in immaculate condition due to the craftsmanship, benefiting from a sociable island, a range cooker and an array of storage cupboards.
This farmhouse style kitchen is large enough for an additional dining area. The ground floor accommodation is concluded by a downstairs toilet and all-important utility room.
Upstairs, there are five bedrooms. The house is currently set up with four spacious double bedrooms and a study, however, the en-suite could easily be made smaller to accommodate another bedroom.
The dual-aspect master bedroom sits at the front of the house with steps down into the largest four piece en-suite currently on offer in Wokingham.
The character is maintained in this suite with a fireplace and slipper bathtub. There is a further bathroom on this floor, which is also a four-piece with a rolltop bathtub.
This substantial character home has been well-maintained by the owners over the years. Externally, there is a large gravelled gated driveway with parking for multiple vehicles with ease.
The wraparound plot overall offers just shy of a third of an acre and a high degree of privacy.
The garden always has somewhere to catch the sunshine and has plenty of lawn space as well as a dedicated heated swimming pool area with thatched bar room which is the perfect addition for parties.
The current owners are also leaving their high-end hot tub to complete this fantastic entertaining area. There is also a brick-built powered garage with electric door and workshop to the rear.
Merton Lodge offers a convenient non-estate location for families of all ages with a popular secondary school, St Crispin’s, within a short stroll, as well as other well-esteemed primary school options.
Wokingham Town Centre can also be accessed on foot as well as plenty of green space options and family-friendly pubs.
For those who commute, the train station serves both Reading and London, and the A329/M4 can be accessed in just a few minutes.
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.
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FAQ
About Merton Lodge,, Binfield Road, Wokingham
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