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See how verdicts work4-bedroom bungalow · RG18 9TG
Sold STCReduced £50k (−5.7%) on 26 OctListed 517 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away from the road on a private drive with only two other properties sits this wonderful detached bungalow surrounded by glorious mature grounds measuring in excess of half an acre.
The property which requires some updating and modernisation also boasts recently granted planning permission to add a first floor.
The current accommodation comprises entrance hall, lounge, snug/play room, kitchen/dining room, large utility room, master bedroom with ensuite bathroom, two further bedrooms and a family bathroom, there is an additional first floor room that is currently used as a occasional bedroom/study.
Outside there is a detached double garage with loft room above and ample off road parking behind five bar gates.
The grounds offer a high degree of privacy with various areas for entertaining, relaxing and playing games. There is also a summerhouse and woodshed.
The planning that's been granted if completed will result in the property becoming a two story dwelling with a large entrance hall, three large reception rooms, an enormous kitchen/dining/family room, utility room and shower room on the ground floor, on the first floor there will be an impressive master bedroom suite with ensuite bathroom and separate dressing room, two additional double bedrooms with their own ensuite shower rooms, two further double bedrooms and a family bathroom.
Viewings are highly recommended. Location Hermitage is a village approx 5 miles due North of Newbury.
Along with its primary school and Downs secondary school catchment it has its own shop/post office, newly opened large village stores and two public houses.
It is within easy reach of the M4 motorway at Jct 13 and is surrounded by beautiful rolling countryside ideal for walks and other country pursuits.
Brockhurst and Marlston House private co-ed schools are a few minutes drive away as is the renowned Downe House girl's public boarding school in the nearby village of Cold Ash.
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 Priors Court Road, Hermitage, Thatcham, RG18 9TG
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