2-bedroom house · RG30 2PN
Listing removedReduced £10k (−2.9%) on 13 AugListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Vp - This charming Victorian cottage style terraced home is beautifully presented and has been significantly, but sympathetically, improved over the years to provide deceptively sized accommodation.
The improvements include a stunning bonus loft area which is accessed via a staircase and has heating and two large Velux windows with eves storage areas.
Other unique features include the full en-suite bathroom to the double master bedroom with the second double bedroom also having a very convenient shower cubicle for private use.
There are attractive café style shutters in both bedrooms and the living room.
On the ground floor the property enjoys a cosey living room with is complete with an open fire place and exposed floor boards.
The dining room leads to the farmhouse style kitchen which in turn leads to the utility area and downstairs WC.
The secluded 30ft rear garden is well stocked with a mature range of flowers and shrubs to offer plenty of privacy. Council tax band - C
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 49, Grovelands Road, Reading
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