2-bedroom detached house · RG4 7QN
Sold STCListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Masons are proud to offer to the market this recently refurbished two bedroom detached bungalow presented in excellent condition throughout and situated next to Bugs Bottom playing fields & woods, as well as being close to local amenities, including shop, bus stop, doctors and schools.
Located close to Caversham & Reading centres the property benefits from a brand new boiler & radiators throughout, new carpet & wood parquet flooring, new bathroom, re-plastered walls & cielings, redecorated throughout and new kitchen units & worktops.
Further benefits include an 18ft living/dining room with fireplace, 20ft playroom, a 14ft master bedroom with new built-in wardrobe & shelving, off road parking & block paved driveway, a 20ft garage with light & power and a private garden with patio.
Viewing recommended. Entrance hall, has doors to: Living/dining room: 18`3" x 12`2" recently refurbished parquet flooring & fireplace. Playroom: 20`7" x 5`11" double glazed, new carpets.
Kitchen: 8`11" x 7`4" double glazed, newly fitted units & worktops and larder. Master bedroom: 14`0" x 10`0" into double glazed bay window, newly fitted built-in wardrobes & shelving.
Bedroom 2: 9`5" x 9`4" double glazed front aspect. Bathroom: double glazed, newly fitted bath with shower over, low level wc, wash basin & mirrored cabinet.
Loft space with newly fitted combination boiler & new insulation. Outside: To the front there is new hard standing for parking and a block paved driveway leading to the garage.
The garage has light & power and a separate access and could be converted into a utility room if desired.
To the rear there is a patio area and tiered garden which is mainly laid to lawn, with a variety of plants & shrubs.
Notice Whilst every care has been taken in the preparation of these particulars, and they are believed to be correct, they are not warranted and intending purchasers/lessees should satisfy themselves as to the correctness of the information given.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
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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 Hemdean Road, Caversham
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