4-bedroom semi-detached house · RG4 7BP
Sold STCListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A four bedroom Edwardian style bay fronted semi-detached family home situated in fine Caversham Heights location with level west facing 90ft secluded garden, requiring modernisation throughout.
No chain SITUATION Caversham lies just north of the River Thames - close to Reading town centre, yet with a distinct village-like feel.
It offers picturesque riverside views, scenic towpaths, and charming walks, alongside a wide range of shops, bars, and restaurants.
The area is further enhanced by excellent health and fitness facilities with the Rivermead Sports Complex on its border, and highly regarded primary and secondary schools.
Reading mainline station, within half a mile of Caversham Bridge, provides fast services to London Paddington in around 25 minutes, as well as access to the Elizabeth Line for direct routes into central London.
Nearby Emmer Green and Caversham Heights lead into the South Oxfordshire countryside, with well-regarded golf courses and easy access to nearby Henley-on-Thames ENTRANCE Covered entrance porch and front door to RECEPTION HALL With electric heater, staircase to first floor, picture rails and original coving LIVING ROOM With front aspect double glazed bay window, electric heater and original coved ceiling SITTING ROOM With rear double glazed bay window, electric heater, original coved ceiling and picture rails DINING ROOM With side aspect double glazed window, built in cupboard and additional understairs storage cupboard, electric heater and door to KITCHEN With base and eye level units, electric cooker point, stainless steel sink unit, plumbing for washing machine, larder housing meters and kitchen side door STAIRCASE FROM RECEPTION HALL TO FIRST FLOOR LANDING A spacious first floor landing with electric heater and access to loft space above with retractable ladder, boarded with eaves space BEDROOM ONE With front aspect double glazed bay, picture rails, ornate fireplace BEDROOM TWO With rear aspect window BEDROOM THREE With rear aspect double glazed window, ornate fireplace, picture rails built in cupboard BEDROOM FOUR With front aspect double glazed window BATHROOM With bath, wash hand basin, side aspect window and built in airing cupboard housing hot water tank REAR GARDEN At the rear of the property is an adjacent outside W.C.
and store cupboard and rear garden laid to lawn with patio area adjacent and timber fenced enclosures extending approx. 90ft.
with excellent seclusion with spacious side access front to rear via a wrought iron gate OUTSIDE The front of the property is entered via a paved driveway providing off road parking for a small vehicle and pathway to front door.
A mixture of brick retained wall, timber fenced and wrought iron enclosures TENURE Freehold SCHOOL CATCHMENT Caversham Primary School The Heights 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 over 2,500 mortgage rates from leading Banks and Building Societies.
For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on . LOCATION This image is for indicative purposes and cannot be relied upon as wholly correct
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
Agent & docs
FAQ
About Matlock Road, Caversham Heights, Reading
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