3-bedroom semi-detached house · RG4 5JT
Let agreedListed 36 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superbly presented and extended three bedroom bay fronted semi detached with well maintained rear garden, off road parking for one car, positioned in a well regarded crescent approx.
1 mile from central Caversham and under 1.5 miles from Reading station.. Offered to the market unfurnished and available end September.
PLEASE NOTE Rent excludes the tenancy deposit and any other permitted payments. A holding sum of £253.85 (based on the advertised rent), is required to reserve this property.
Deposit payable is £1269.23 (based on the advertised rent) EPC Rating: C- Council Tax Band: A Please contact us for further information or visit our website HALLWAY With laminate flooring, two storage cupboards, radiator and doors to: LIVING AREA 13'7 (4.14m) x 11'1 (3.38m) Front aspect window, radiator, laminate flooring and feature fireplace.
KITCHEN / DINING AREA 19'2 (5.84m) x 11'4 (3.45m) Modern kitchen area with integrated oven and microwave, gas hob, built in dishwasher. Laminate flooring, side aspect window and side door.
FAMILY AREA 9'11 (3.02m) x 11'11 (3.63m) Laminate flooring, radiator, dual aspect windows, and French doors to rear garden STAIRS TO FIRST FLOOR LANDING BEDROOM 1 13'6 (4.11m) x 11'1 (3.38m) Front aspect window, radiator, with built in wardrobes BEDROOM 2 11'1 (3.38m) x 9'3 (2.82m) Rear aspect window radiator and built in cupboard BEDROOM 3 8'4 (2.54m) x 6'11 (2.11m) Front aspect window and radiator BATHROOM Comprises low level wc, basin and bath with shower over.
GARDEN Private garden with patio areas and access to the allotments at the rear DRIVEWAY Off road parking SCHOOL CATCHMENT Micklands Primary School Highdown Secondary School COUNCIL TAX Band C PROCEDURE To qualify financially for this property, a tenant must have a salary level either individually or combined that is not less than 30 times the monthly rent.
The minimum required salary for this property is £59,850 per annum
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Mayfield Drive, Caversham, Reading
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