3-bedroom detached house · RG4 8NS
Sold STCListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
New to the market for the first time in over 30 years is this 1940s, three bedroomed, detached house situated in a quiet no-through road in the heart of Caversham.
Presented in immaculate decorative order throughout the house has been renovated throughout to create a generous family home and comes with lapsed planning permission for a wrap round double extension.
Accessed via a porch the hall is laid to the original quarry tiles whilst the front room has parquet flooring and a brick working fire place.
The large, living/dining room has the original fireplace with gas fire and sliding doors to the patio and garden.
The kitchen benefits from a range of full length as well as floor and eye level units, integrated neff appliances and quartz worktop overhang with seating. There is a downstairs cloakroom.
The generous landing gives access to two double bedrooms and a single and family bathroom with separate bath and shower.
The garden has a patio and is primarily laid to lawn with a summerhouse to the back. The paved driveway offers parking for two cars and there is a good-sized lawn.
Newlands Avenue is a short walk from Caversham and Reading Station, is close to open countryside and in catchment for excellent schools. An early viewing is recommended by the vendors' sole agent.
No onward chain! What3words /// lowest.gifted.adjust Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 9, Newlands Avenue, Reading
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