3-bedroom bungalow · RG40 3PX
Listing removedReduced £100k (−14.3%) on 21 JunListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Knights Property Services **no onward chain** Knights are very excited to market for sale this well presented bungalow in Finchampstead, which is situated on a large plot, within close proximity of a range of local amenities and good transport links.
The spacious property, which is being sold with no onward chain, comprising; modern kitchen, reception room, dining room, conservatory, shower room and three double bedrooms.
Additional features to note include a sizeable rear garden with outbuilding as well as ample driveway parking to the front of the property.
A standout feature to mention is that the property has got plans approved (until 2027) for the erection of a two storey dwelling, detached outbuilding and boundary treatment, following the demolition of the existing dwelling and outbuilding.
A viewing is highly recommended. Entrance Hallway Enter via door, cupboards and laminate flooring. Reception Room (4.39m x 3.63m (14'5 x 11'11)) Feature fireplace and laminate flooring.
Kitchen (5.28m x 2.54m (17'4 x 8'4)) Range of base and eye level units, sink, cooker, extractor hood, washing machine and space for; fridge/freezer. Tiled flooring and door leading outside.
Dining Room (3.63m x 3.25m (11'11 x 10'8)) Feature fireplace, laminate flooring and sliding door leading through to the; Conservatory (2.84m x 2.34m (9'4 x 7'8)) Tiled flooring and doors leading to the garden.
Shower Room Shower cubicle, wash hand basin with storage below, low level WC, heated towel rail, partly tiled walls and vinyl flooring.
Bedroom One (3.20m x 3.20m (10'6 x 10'6)) Front aspect and laminate flooring. Bedroom Two (3.20m x 2.84m (10'6 x 9'4)) Rear aspect and laminate flooring.
Bedroom Three (3.20m x 2.34m (10'6 x 7'8)) Side aspect and laminate flooring. To The Front Ample driveway parking. To The Rear Mainly laid to lawn with patio area. Access to the outbuilding.
Council Tax Band E.
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
FAQ
About 206, Nine Mile Ride, Finchampstead, Wokingham
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