3-bedroom house · RG2 9RA
For saleReduced £20k (−3.3%) on 24 JulListed 205 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented detached family home occupies a desirable location and offers flexible living space.
Although currently arranged as a three-bedroom property, it was originally designed as a four-bedroom home and could easily be reverted to its original layout.
The accommodation comprises an entrance hall, a convenient downstairs WC, a comfortable living room, and a spacious kitchen/dining room ideal for modern family living.
Upstairs, there is a landing leading to a family bathroom and three bedrooms, including a main bedroom with en-suite facilities.
To the rear, the property benefits from an enclosed 30ft garden with a covered patio area, perfect for outdoor entertaining.
To the side, a two-car driveway with an EV charging point provides ample parking and leads to the garage, which has been thoughtfully converted into an office/studio space with additional storage.
The property is offered with no onward chain, ensuring a smoother purchase process.
Location: The lovely village of Shinfield just 5 miles from Reading has a village green, recreation ground, pubs and shops whilst more extensive shopping facilities can be found in the bustling market town of Wokingham and Reading town.
There are excellent schooling facilities with Shinfield Primary School and schools around Reading including Kendrick and Reading Grammar Schools, St Josephs College, Leighton Park, The Abbey, Blue Coats and Queen Anne’s.
Shinfield gives commuters easy access to the M4 with junction 11 just 2 miles away and railway stations providing services to London and the West Country from Winnersh (4 miles), Reading (5 miles) and Wokingham (6 miles).
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 21, Alder Grove, Reading
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