2-bedroom property · RG7 1NR
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WHITEKNIGHTS - WhiteKnights are delighted to offer for sale a beautifully refurbished two double bedroom detached park home for the over 48's, occupying a well maintained plot in the popular village of Three Mile Cross.
The property offers stylish, modern accommodation throughout together with attractive landscaped gardens, being conveniently positioned for Reading, local amenities and countryside walks.
The accommodation is entered from the side into a modern fitted kitchen, finished with a range of eye and base level units, generous worktop space and integrated appliances including an oven, hob and fridge/freezer.
From here, the accommodation flows through to a spacious living room and dining area, creating an excellent everyday living and entertaining space, UPVC double doors open from the living area to the front of the property and provide plenty of natural light.
There are two well proportioned double bedrooms together with a stylish refitted bathroom featuring a bath with shower over.
Outside, the property enjoys particularly attractive and manageable gardens.
The side garden is predominantly laid to lawn while the landscaped rear garden combines artificial lawn with a decked seating area providing an ideal spot for outdoor dining and entertaining.
A further lawned area completes the garden which is fully enclosed by fencing with gated access to the front.
The property also benefits from the use of a garage with an up and over door and separate rear access.
Further features include UPVC double glazing throughout and being situated in a well maintained setting within this popular residential park.
Conveniently situated in Three Mile Cross the property offers easy access to Reading town centre and a range of local shops and amenities while nearby countryside provides plenty of opportunities for walking and recreation.
Age restriction: Over 48's Pitch Fee - Approximately £2,091.84 per year (£174.32 per month) including water rates and use of garage Ground Rent - Approximately £2,286.60 per year (£190.55 per month) (Ask agent about the review period)
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 Mere Oak Park, Three Mile Cross, Reading, Berkshire, RG7 1NR
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