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See how verdicts work2-bedroom house · RG31 6FD
Listing removedListed 425 days
Opportunity summary
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About
Sansome & George Tilehurst - A very well presented 2 Bedroom Semi Detached Bungalow (available to owners aged over 55) is offered with 'No Chain' and is situated on a traffic free walkway within the sought after Westwood Fields area, yards from Tesco Express and bus service.
Offered to the market with the added advantage of no 'Onward Chain' complications, this highly sought after Semi Detached Bungalow is conveniently located on a traffic free walkway within yards level walk of 'Tesco Express' convenience store and a regular bus route connecting Purley-on-Thames, Tilehurst Village and continuing on to Reading Town Centre.
Available exclusively to new owners aged over of 55, the property is within a well regarded and established retirement development with supported independent living in mind and the added benefit of a site manager plus 24 hour intercom system, the exterior of the property, gardens and grounds are also fully maintained.
Further amenities nearby include Cotswold Playing Fields with sports centre and social club, a beautiful stretch of the River Thames surrounded by miles of open countryside in nearby Purley-on-Thames, and the village of Pangbourne also being conveniently just over 1 mile away.
Tilehurst Train Station is also circa 1 mile away and links to Reading Main Line, Oxford and Paddington.
Approached via lawned frontage with hedging and tree, a path leads to a gradual ramp with grab rail to the front door. The path continues to a secure side gate.
The entrance hall features full height storage behind sliding mirror doors and has doors leading to the front aspect living room and a separate and recently re-fitted kitchen.
With a door and windows to the side aspect, plus a built in cupboard, this stylish yet practical modern kitchen includes a high level integrated electric oven, four ring gas hob, dishwasher, washing machine, fridge and freezer.
From the living room, a door opes to an inner hallway with doors opening to 2 bedrooms and a fully tiled modern shower room with side aspect window.
Both bedrooms have a rear aspect to the garden with bedroom 1 benefitting from a range of fitted wardrobes.
Further general points to note include UPVC double glazing and gas fired central heating to radiators (n/t).
Outside, to the side of the property, a paved area is accessed via the kitchen door and side gate, and continues to a lawned garden with flower/shrub beds which spans the rear of the property, all enclosed by wooden fencing providing a good level of security and privacy.
Please contact Sansome & George Estate Agents for more information or to arrange a viewing appointment at your earliest convenience.
West Berkshire Council - Band C Leasehold Information:- Lease Term:- A new 99 year lease will be assigned upon completion with an administration fee of £400 payable.
Ground Rent & Service/Maintenance Charges:- £3,047.76 per annum (2024/2025) to include buildings Insurance, external maintenance, site manager & intercom system.
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.
Area
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FAQ
About Condor Close, Tilehurst, Reading
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