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See how verdicts work2-bedroom bungalow · RG6 3BS
Listing removedListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular residential area of Lower Earley, this well-proportioned two-bedroom bungalow on Egremont Drive offers an exciting opportunity for buyers looking for a property they can modernise and make their own.
Offered for sale with no onward chain, the property provides well-planned accommodation arranged to offer practical single-storey living.
The accommodation comprises a welcoming reception room, two bedrooms, a fitted kitchen, bathroom and useful entrance and hallway areas.
The principal bedroom is a good-sized double, while the second bedroom is also well proportioned. The property also benefits from a separate garage, providing valuable parking and storage.
While the property would benefit from modernisation and refurbishment, it offers considerable potential for someone looking to create a comfortable home to their own specification.
The existing layout provides a good foundation, with scope to update the kitchen, bathroom and décor and potentially reconfigure the accommodation to suit individual requirements, subject to any necessary permissions.
Egremont Drive is situated within the established and popular Lower Earley development, with a range of local amenities, parks and everyday facilities nearby.
The area also benefits from good road and public transport connections towards Reading and the surrounding areas.
This is an appealing opportunity for buyers seeking a bungalow in Lower Earley with genuine renovation potential, whether as a long-term home or a project to improve and personalise.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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, Egremont Drive, Reading
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