3-bedroom bungalow · RG31 6YN
For saleListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PARKERS - Set on the highly sought-after Long Lane, this three bedroom detached bungalow offers excellent potential to modernise and extend, with an impressive 125ft rear garden and excellent local school catchments.
The existing accommodation offers a flexible layout comprising a spacious living room, kitchen, bathroom, two good-sized bedrooms and a further bedroom/dining room, which could comfortably be utilised as a third bedroom.
The property requires complete modernisation throughout, making it an ideal opportunity for buyers wanting to redesign and improve a home to their own specification.
A particular highlight is the substantial rear garden, measuring approximately 125ft, which combined with the detached nature of the bungalow provides excellent potential to extend and increase the accommodation, subject to the necessary planning permissions.
Long Lane is a highly regarded residential location with convenient access to local amenities, transport links and a selection of popular schools.
Utilities - gas/electric/mains water Council Tax Band E (West Berkshire Council) £2,903.86 The above information may be subject to change during the transaction period.
These particulars are a general guide only. They do not form part of any contract. Services, systems and appliances have not been tested.
In accordance with anti–money laundering (AML) regulations, all buyers are required to undergo identity and compliance checks.
Please note that an AML check fee of £25.00 will be charged to each buyer as part of this process.
This fee is non-refundable and payable prior to the release of sales memorandums or progression of any transaction.
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
FAQ
About Long Lane, Tilehurst, Reading, Berkshire, RG31
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