3-bedroom house · RG7 3RP
Listing removedListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A truly special opportunity- A fantastic opportunity to acquire a spacious and well-proportioned three bedroom semi-detached home, located in the heart of Mortimer Common.
Offering generous living space throughout, the property provides superb potential for modernisation and extension (subject to planning), making it an ideal purchase for those looking to create a truly special home.
The ground floor features a thoughtfully arranged layout, centred around a spacious living room extending over 14ft; an inviting space ideal for both everyday living and entertaining.
To the back, a separate dining room leads through to the kitchen and onward into a conservatory enjoying views of the garden, presenting an exciting opportunity to redesign into an open-plan living space.
There is also the added advantage of internal access to the integral garage.
On the first floor, the property continues to impress with three well-proportioned bedrooms, including two generous doubles and a spacious principal room.
The home is served by a separate WC and a bathroom with bath and wash basin, offering excellent scope for updating and reconfiguration to suit modern family living.
Outside, the property enjoys driveway parking alongside the integral garage.
The rear garden provides a great opportunity for landscaping and outdoor enjoyment, while a detached outbuilding offers valuable storage or workshop space.
In need of updating throughout, this is a rare chance to unlock the full potential of a substantial home in a highly sought-after village setting.
Utilities: Mains water, mains drainage and electricity. Council Tax: Band D Tenure: Freehold
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 20, Longmoor Lane, Reading
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