2-bedroom flat · RG4 7QE
Sold STCListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A sought after ground floor two bedroom maisonette with its own private garden and parking space. Recently redecorated throughout with new carpets.
Peacefully positioned within a mile of Caversham centre. No chain SITUATION Caversham lies just north of the River Thames - close to Reading town centre, yet with a distinct village-like feel.
It offers picturesque riverside views, scenic towpaths, and charming walks, alongside a wide range of shops, bars, and restaurants.
The area is further enhanced by excellent health and fitness facilities with the Rivermead Sports Complex on its border, and highly regarded primary and secondary schools.
Reading mainline station, within half a mile of Caversham Bridge, provides fast services to London Paddington in around 25 minutes, as well as access to the Elizabeth Line for direct routes into central London.
Nearby Emmer Green and Caversham Heights lead into the South Oxfordshire countryside, with well-regarded golf courses and easy access to nearby Henley-on-Thames ENTRANCE Covered entrance porch and useful outdoor storage/bin cupboard.
Quarry tiled step and uPVC front door to RECEPTION HALL With radiator and built in linen cupboard with slatted shelving LIVING ROOM With front aspect double glazed bay window, picture rails and radiator KITCHEN Comprising single drainer stainless steel sink unit with mixer tap and cupboard under, further base and eye level units with laminated work surfaces and tiled surrounds.
Plumbing for washing machine, gas cooker point, extractor hood, wall mounted gas boiler and dual aspect double glazed windows BEDROOM ONE With rear aspect window and matching double glazed door to garden, radiator BEDROOM TWO With front aspect double glazed window, radiator BATHROOM (SHOWER ROOM) Comprising tiled shower, wash hand basin, W.C., rear aspect obscure double glazed window, fully tiled walls, radiator and extractor fan REAR GARDEN At the rear of the property is a private garden adjacent with twin tiered lawns and large storage unit to the rear with mature evergreen hedging and maturing trees providing excellent screening and seclusion with a south westerly aspect, extending approximately 40ft.
Outside tap.
There is also a side gate with communal driveway access front to rear OUTSIDE At the front of the property is communal driveway for both maisonettes with hardstanding in the front garden, with a mixture of brick retained wall and hedged enclosure TENURE Leasehold Original lease - 999 years Lease remaining - 929 years Ground rent - £10 per annum SCHOOL CATCHMENT Emmer Green Primary School Highdown Secondary School COUNCIL TAX Band C FREE MORTGAGE ADVICE We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access a variety of mortgage rates from leading Banks and Building Societies.
For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on
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 Wrenfield Drive, Caversham, Reading
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