3-bedroom terraced house · RG7 1WN
Sold STCListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Owners comments... It has been a pleasure to live in this house. Being here has allowed our family to grow in a setting full of space and light, creating very special memories and positivity.
We put our heart and soul into transforming this from a bare shell into a home and we hope to be able to pass it on to someone who will love it as much as we have.
With quick links into Wokingham, Reading and London beyond, living here has allowed us easy access to everything we need.
We love the area and are not planning to move far, however we have been presented with an opportunity we couldn’t pass up and the time was right to move on. Dan & Neil Estate Agents' comments...
This house sits proudly on a corner plot, and quite simply has some excellent curb appeal.
There's a lovely big entrange hall as you walk through the front door, and to the right you'll find the kitchen breakfast room spanning the whole width of the house, and with a lovely big island unit with a breakfast bar added by the current owners.
The opposite side of the hallway is where you'll find a lovely big living room, that leads into a huge conservtaory and a landscaped garden beyond that.
There's also a downstairs shower room off the kitchen, and access into the partially converted garage off the garden. Upstairs is three great sized bedrooms & a recently updated family bathroom.
The main bedroom comes complete with fitted storage & an en-suite shower room. There's also A/C throughout the whole house! Area comments...
Three Mile Cross is a well-connected village located just three miles south of Reading, nestled along the historic Basingstoke Road.
With its semi-rural setting and strong sense of community, it’s a great spot for anyone looking for a quieter pace without losing easy access to the city.
Commuters will love being just minutes from Junction 11 of the M4, plus you’ve got the Mereoak Park & Ride and the new Green Park train station nearby for a smooth journey into Reading or London.
Local highlights include a handy Budgens store and the popular Swan Pub both within walking distance via a little cut through close to the home.
For even more choice, Shinfield and Lower Earley are just up the road with plenty of shops, restaurants and pubs.
And when it comes to retail therapy, you’ve got the best of both worlds with Wokingham’s market town charm or the buzz of Reading’s Oracle just a short drive away.
*NB - There is an estate service charge, please talk to us for more info.
Check out our ‘Key Facts’ brochure for tonnes of information from internet speeds and bus stops, to local schools and airports.
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
Agent & docs
FAQ
About Fawn Drive, Three Mile Cross, RG7
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