2-bedroom bungalow · RG7 5BH
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely available opportunity exists to acquire a two bedroom detached bungalow that enjoys a larger than normal plot, along with no onward chain complications.
Centrally positioned in the heat of the village of Theale the property is the shortest of level walks to all the village has to offer; its bustling high street, outstanding primary school, doctors surgery, frequent buses to Reading and Newbury and a mainline station.
Junction 12 of the M4 is 2 minute drive. Believed to have been built in the 1960s the bungalow has been in its current ownership for the last 14 years and has been well looked after during this time.
Accommodation is comprised of a welcoming entrance hall which provides access to the property's two well-proportioned bedrooms, its family bathroom, and its rear aspect living / dining room which flows effortlessly into the kitchen.
The property's private rear garden is easy to maintain, contains a shed, enjoys a Southerly aspect' along with side access to the front garden that is enclosed by a picket fence.
A large adjacent hard standing area, that used to form part of the garden and that once had a garage on is the other side of the of the picket fence and could be brought into the garden should someone wish.
This piece of land could have a large number of uses and would accommodate five or six cars off road.
This property represents a unique opportunity to acquire a detached bungalow in this sought after village.
Services, Gas, Electricity, Mains drainage Council tax: Band C: 2026/27 £2,279.78 pa These particulars are a general guide only. They do not form part of any contract.
Services, systems and appliances have not been tested. In accordance with anti–money laundering (aml) regulations, all buyers are required to undergo identity and compliance checks.
Please note that an aml check fee will be charged to each buyer as part of this process.
This fee is non-refundable and payable prior to the release of sales memorandums or progression of any transaction.
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
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FAQ
About Andrews Close, Reading
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