3-bedroom house · RG31 7ZN
Sold STCReduced £25k (−7.7%) on 28 AugListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain complications Set in a cul-de-sac in the heart of the ever popular Fords Farm development, this is a well-established mid terraced home.
While the interior could benefit from a little modernisation and cosmetic updating, it is perfect for anyone looking to put their own stamp onto a property.
Ideal for a first time buyer or even a young family looking to upsize, the accommodation briefly comprises an entrance hall, a dining room, galley style kitchen and rear aspect living room.
To the first floor, there is a bathroom and separate WC, as well three well-proportioned bedrooms, two of which have built-in wardrobes.
Externally, there is driveway parking and a single garage, whilst to the rear, the South facing garden offers a high degree of privacy and is therefore a great entertaining space in the spring and summer months.
Close to some of the area's most highly regarded schools, as well as Reading town centre, the mainline railway station and the M4, the property is well suited to anyone looking to commute into the city or further afield.
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
Agent & docs
FAQ
About 2, Carston Grove, Reading
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