2-bedroom terraced house · RG7 5FP
Listing removedListed 456 days
Opportunity summary
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About
Parkers - A unique opportunity exists to acquire a well presented, two bedroom, two bathroom house with no onward chain, favourably positioned in an exclusive development for the over 55's in the centre of Theale village.
Situated in the desirable village of Theale, the property is ideally positioned to take full advantage of all the village has to offer.
The village’s bustling high street, with its wide selection of shops and restaurants, is just a short stroll away.
The property is also within a level 0.4-mile walk of Theale’s mainline train station, providing direct services to Reading and Newbury.
The doctor’s surgery is conveniently located nearby, and local bus stops offer regular services to Reading, Thatcham, and Newbury.
Junction 12 of the M4 is approximately 1.1 miles away, providing excellent road links for commuters.
The property forms part of a stylish development of 22 one and two-bedroom apartments and five two and three-bedroom houses, exclusively for the over 55s.
The development provides an estate management service and the estate manager handles the day to day management of the development, including the gardening of both communal grounds and private gardens.
Built in 2016, the property is under 10 years old and is in fine order throughout. Accommodation feels very spacious and flows well from room to room.
The ground floor accommodation comprises an entrance hall that leads to the property's front-aspect living room.
Glass French doors lead into the dining room, which in turn provides access to the property's well-equipped rear-aspect kitchen and the sunroom, which offers views of and access to the rear garden.
The downstairs also benefits from underfloor heating and includes a generous cloakroom, which houses a utility cupboard for a washing machine and dryer, as well as a lit understairs storage cupboard.
On the first floor there are two double bedrooms, the master benefits from and en-suite and a generous South facing balcony that is perfect for alfresco dining.
There is a Jack and Jill family bathroom which has access from Bedroom 2 or the landing. Both bedrooms benefit from having built in wardrobes.
Outside and to the rear there is a private and well maintained, low maintenance garden which is laid to patio and herbaceous borders, the garden contains a gate which leads into the developments manicured communal gardens.
To the front of the property there is designated parking. This property represents an incredibly rare opportunity to acquire one of the few two bedroom houses on this sought after development.
Council Tax Band E - 2025/26 £2,921.78 Ground rent: £350p/a Service Charge: £3,585p/a Services available – Electricity, Mains drainage, Mains gas 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
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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.
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About 12, Cumber Place, Reading
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