3-bedroom house · RG40 4QT
Listing removedListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property has been finished to a high standard throughout and comprises large reception room which is open plan to the modern kitchen with integrated appliances, downstairs cloakroom and ample storage on the ground floor.
Three double bedrooms all benefitting from an en suite shower room and built in wardrobes occupy the first floor with the master bedroom boasting a four piece bathroom.
Additional features include gated entrance to development, tree lined drive, off road parking and private garden.
The property is currently tenanted and would make an ideal addition to an investor’s portfolio or a fantastic family home or tranquil retirement property for those looking to downsize in a semi-rural setting.
Location: New Mill Road is a quiet and prestigious residential road in Finchampstead, well known for its attractive homes and leafy surroundings.
The property is ideally situated close to excellent local schools, green spaces, and nearby amenities in Wokingham, Reading and Bracknell.
Commuters benefit from good transport connections, with easy access to the M3, M4, and Wokingham and Reading’s mainline railway stations.
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
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FAQ
About 3 Milligans Barn Riverwood Farm,, New Mill Road, Wokingham
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