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See how verdicts work3-bedroom bungalow · RG4 7JD
For saleReduced £30k (−4.8%) on 26 OctListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculate refurbished 2/3 bedroom bungalow situated in a quiet cul de sac within sought after Caversham Heights.
Description - The property benefits from driveway parking and front garden, path leads to the front door which opens into the reception porch with storage, the inner door opens to s good size hallway with storage cupboard.
Off the hall to the rear of the property is the good size living / dining room with log burning stove and Bi folding doors to the conservatory, the kitchen is also to the rear and benefits from ample worktop space, gas hob and electric oven, there is a multi purpose room currently used as a games room that could be a dining room / study or Bedroom 3 with French doors and a utility room to the rear (could be converted to an en suite shower room) There is a double bedroom to the front of the property with a large walk-in wardrobe / office Double bedroom to the front of the property overlooking the front garden Family shower room with shower, basin and Outside to: Good size rear garden with patio terrace Covered Hot tub area (hot tub not included)Large shed Front garden Drive way and garage store The property has the additional benefit of a new combination boiler, large boarded, partially carpeted attic with power and shelving An excellent opportunity for a refurbished bungalow in sought after Caversham Heights, within easy access of Caversham centre with its vibrant local shops, cafés, bars and restaurants, Waitrose supermarket and bus service to Reading Town centre for fast trains to London Paddington in approx.
20 minutes.
The M4 motorway is also a short drive for easy access to London, Bristol and beyond Two minute walk to the excellent X40 bus service for easy access to Reading, Oxford, Woodcote for sought after schools such as Langtree and The Oratory
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 Kelvedon Way, Caversham, Reading
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