5-bedroom detached house · RG40 5AJ
Sold STCListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This stunning five bedroom detached family home offered to the market with no onward chain is set in a desirable cul-de-sac location north east of Wokingham town centre, close to local shops and popular schools.
The accommodation comprises an entrance hall, spacious living room and kitchen/breakfast room, both of which lead onto the private south facing rear garden, along with a dining room, office, cloakroom and utility room.
On the first floor there are four bedrooms, including bedroom two with en-suite facilities, together with a family bathroom.
The impressive second floor suite provides a generous principal bedroom with fitted wardrobes and an en suite shower room. Outside, the private rear garden features a wooden gazebo/entertaining area.
To the front and side there is driveway parking for two cars leading to a detached double garage.
The property also benefits from a recently installed air source heat pump and an electric vehicle charging point, enhancing the home’s energy efficiency and modern convenience.
The rear garden is enclosed by wooden fencing and laid to lawn, with a generous patio area across the rear of the house featuring outside wall lighting.
Mature trees along the rear boundary provide additional privacy, and there is a wooden gazebo/entertaining area equipped with lighting, power, and heating.
Gated side access leads to the front driveway, which provides parking for two vehicles, along with a detached double garage fitted with lighting, power, and electric remote controlled up-and-over doors.
Neville Close is a desirable cul de sac on the edge of the Mulberry Grove development built by highly regarded Crest Nicholson firm of house builders and comprising executive style four and five bedroom detached houses.
Popular local schools are available nearby. The cul de sac is situated approximately one mile east of Wokingham Town centre.
The area has proved to be desirable because of the excellent road links to via A329(M) and M4 motorways. The Oakingham Bell public house and restaurant is within easy walking distance.
Annual Estate charge: The vendor has informed us that there is no estate charge for this property, this will need to be verified through your solicitor, as part of the conveyancing process.
Council Tax Band: G Local Authority: Wokingham Borough Council Energy Performance Rating: B
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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About Neville Close, Wokingham, Berkshire, RG40 5AJ
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