3-bedroom terraced house
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available 15th December on an unfurnished basis. Historic photos. A spacious three bedroom terrace home overlooking a recreation ground and close to the station.
Please refer to the floorplan for layout and dimensions. The property has permit parking via the wbc permit scheme which attracts an annual charge of £55.
The property has an epc-c reading, double glazing and gas central heating. Council tax band C. For more detailed material property information please click on the various brochure links.
Appliances- no kitchen appliances except for a dishwasher are included.
Minimum household income required for referencing: £52,500 per annum Relevant letting fees and tenant protection information As well as paying the rent, you may also be required to make the following permitted payments.
Before the tenancy starts (payable to Mark Rath Residential ‘the Agent’) Holding Deposit: 1 week’s rent = £403 Security Deposit: £2019 Holding Deposit – Equivalent to one week’s rent – The Holding Deposit is non-refundable in the event that you have provided false or misleading information and fail referencing or decide not to proceed with the renting of the property.
Once the references have been agreed the Holding deposit will be deducted from the moving in invoice. Deadline for agreement for both parties – 15 days after receiving the holding deposit.
Security Deposit for the duration of the tenancy – This is 5 weeks deposit and is held in the TDS Government Scheme for the duration of the tenancy to be used for any dilapidations at the end of the tenancy.
Rent – The monthly rent is always paid in advance.
During the tenancy (payable to the Agent) Payment of £60 including VAT if you want to change the tenancy agreement Late Payment of Rent - Payment of interest for the late payment of rent at a rate of capped at 3% Bank of England interest rate Payment of £60 including VAT for the reasonably incurred costs for the loss of keys/security devices Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy During the tenancy (payable to the provider) if permitted and applicable Utilities – gas, electricity, water Communications – telephone and broadband Installation of cable/satellite Subscription to cable/satellite supplier Television licence Council Tax Other permitted payments Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Tenant protection Mark Rath Residential Limited is a member of Property Mark, which is a client money protection scheme, and also a member of Property Ombudsman, which is a redress scheme.
You can find out more details on the agent’s website or by contacting the agent directly.
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 Ormonde Road, Wokingham
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