3-bedroom bungalow · RG45 6TD
Sold STCReduced £25k (−4.8%) on 1 SepListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain and located in the favoured area on Pine Ridge, a rarely available three bedroom detached bungalow with the benefit of a single garage and driveway parking.
The accommodation comprises an entrance hallway, a spacious 25’ ‘L’ shaped living/dining room with double doors to a conservatory, a kitchen, master bedroom with an updated modern ensuite shower room and fitted wardrobes.
There are two further bedrooms, a family bathroom and a separate cloakroom.
The property further benefits from a fully enclosed rear garden and is ideally located within a short walk to a local shopping parade.
The property sits in a traffic free position with driveway parking leading to the single garage. The remainder of the frontage is laid to bark chipping with mature shrubbery.
Side access opens to the enclosed rear garden with patio, the remainder of the garden is laid to lawn with shrub and tree borders.
Pine Ridge is a popular development built in the mid/late 1980s and situated to the north west of the village within walking distance of the Heathlake Nature Reserve.
The estate comprises a mix of two, three, four and five bedroom properties in a variety of styles which include courtyard townhouses and detached family homes.
Nb: Photographs taken in 2024 Council Tax Band: F Local Authority: Wokingham Borough Council Energy Performance Rating: D
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 6, Leith Close, Crowthorne
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