We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom semi-detached house · RG4 7SS
Sold STCListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***SOLD PRIOR TO MARKETING *** A fine 1930's bay fronted semi-detached occupying an established secluded plot backing onto Balmore Park with garage and parking.
Extended to provide larger kitchen/breakfast room whilst conveniently positioned within 400 metres of Caversham centre and approximately half a mile from Reading station ENTRANCE Arched entrance porch with quarry tiled step and front door to RECEPTION HALL With radiator, dual aspect double glazed leadlight windows, staircase to first floor, oak style flooring, understairs storage cupboard and door to LARGE LIVING/DINING ROOM Long wide room naturally segregated by central arch LIVING AREA with front aspect feature double glazed bay window, two radiators, raised fireplace with hearth surround and mantel over and display plinths, oak style flooring DINING AREA with rear aspect sliding doors to conservatory, two radiators, two wall light points, oak style flooring CONSERVATORY Rear addition, brick based construction with double glazed windows, light and power.
French doors to garden KITCHEN/BREAKFAST ROOM Well fitted comprising single drainer stainless steel sink unit with mixer tap and cupboards under, further range of both floor standing and wall mounted eye level units with laminated work surfaces and tiled surrounds, inset four ring gas hob with extractor hood above and oven below, plumbing for washing machine and dishwasher.
Further appliance space for a fridge/freezer, rear aspect double glazed window, radiator REAR LOBBY With storage and double glazed kitchen side door CLOAKROOM With W.C., wash hand basin, radiator and front aspect obscure double glazed window STAIRCASE FROM FRONT RECEPTION HALL TO FIRST FLOOR LANDING With side aspect double glazed window and access to loft space above BEDROOM ONE With front aspect feature double glazed bay window, built in wardrobes, radiator BEDROOM TWO With rear aspect double glazed window, radiator, range of fitted wardrobes with cupboard space above BEDROOM THREE With front aspect double glazed window, radiator BATHROOM Four piece suite comprising bath, wash hand basin, W.C., separate fully tiled shower, heated towel rail, rear aspect obscure double glazed window REAR GARDEN At the rear are extensive split level gardens predominately laid to lawn with various shrubs, hedged and mature trees bordering together with timber fencing.
Side access to garage, patio area adjacent to the property, side access front to rear via wooden gate The upper levels of the garden are laid to lawn with mature hedging to the rear backing directly onto Balmore Park.
In all the gardens extend approximately 150ft.
enjoying excellent seclusion OUTSIDE The front of the property is entered via a tarmac driveway providing parking for a number of vehicles, with a mixture of picket fenced and mature hedged enclosures.
The drive extends along the side of the property providing further hardstanding and parking, leading to DETACHED ONE AND A HALF LENGTH GARAGE With up and over door, power and light TENURE Freehold SCHOOL CATCHMENT Caversham Primary School Highdown School and Sixth Form Centre COUNCIL TAX Band E FREE MORTGAGE ADVICE We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access a variety of mortgage rates from leading Banks and Building Societies.
For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on
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 Hemdean Road, Caversham, Reading
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