We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom terraced house · RG4 8BX
Sold STCListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free: A three storey, four bedroom townhouse set in beautiful communal gardens backing onto the River Thames.
The property is just a short walk from both Caversham and Reading centres, including the mainline train station.
The accommodation offers an entrance hall, downstairs cloakroom, large living/dining room with patio doors leading to an enclosed private south facing low maintenance patio, kitchen, 2 family bathrooms, three double bedrooms and one single.
This property benefits from solar panels and an air source heat pump that contribute to an EPC rating of A and a garage in a block. To appreciate the space on offer, please call to arrange a viewing.
Hallway A good size hallway with original Marley tile floor, under-stairs storage, stairs to first floor and doors to: Wc An under stairs WC with wash hand basin and Marley floor tiles Kitchen (4.71 x 2.28 (15'5" x 7'5")) A spacious kitchen with ample wall and base units, space for dishwasher, washing machine, fridge and freezer, oven and extractor, inset sink with window to front garden and service hatch to living room.
Living Room (7.13 x 4.06 (23'4" x 13'3")) A very large, light-filled living space with original Marley tile flooring and large patio doors to garden.
First Floor Landing Carpeted, stairs to second floor doors to bedrooms and cupboard containing air source heat pump Bedroom One (4.34 x 4.21 (14'2" x 13'9")) Offering a south facing window with wide river views is this large double bedroom with built in double wardrobe and original cork tiled flooring.
Bedroom Two (3.07 x 2.16 (10'0" x 7'1")) A good sized, single bedroom with window overlooking the front of the property and built in wardrobe.
Shower Room (2.16 x 1.97 (7'1" x 6'5")) A good sized room with walk in shower, heated towel rail, fitted vanity unit with integral WC and wash hand basin. Wood effect vinyl flooring.
Top Floor Landing Carpeted with doors to: Bedroom Three (4.21 x 2.32 (13'9" x 7'7")) A good sized, south facing double bedroom with original cork floor tiles and wide river views and built in wardrobe.
Bedroom Four (3.52 x 2.71 (11'6" x 8'10")) A spacious, double bedroom with window over looking the front of the property and built in wardrobe.
Bathroom (2.16 x 1.88 (7'1" x 6'2")) Family bathroom with sink, WC, bath with shower, vinyl flooring and tiled walls.
Garden An easy maintenance garden, mostly laid to lawn with views over the park to the Thames. Garage Single garage in block. Services Water. Mains Drainage. Mains Electricity.
Mains and solar panels Heating. Heat source pump Mobile phone. The vendor is not aware of any specific restricted mobile phone coverage Broadband.
Superfast, information obtained from Ofcom All appliances and services are untested.
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 4, St. Stephens Close, Reading
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