3-bedroom terraced house · RG41 2RA
Sold STCListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a quiet cul-de-sac location and set within easy reach of Wokingham town centre, mainline railway station and a host of local amenities, is this well-proportioned, three bedroom property that provides both the scope to modernise and improve, as well as extend (subject to the usual planning permissions).
The property provides an evenly proportioned accommodation with a ground floor space that is made of a large living/dining room (that benefits from having a dual aspect) with views of and access to the private rear garden and a fitted kitchen that has a good range of base and eye level units.
On the first floor there are three good sized bedrooms (two doubles and a good sized single) and a re-fitted family bathroom.
To the rear of the property there is a good sized, west facing garden, which houses a brick built outbuilding and has rear access.
With enviable access to major transport links and falling within popular school catchment areas, the property is sure to be of interest to a wide range of prospective purchasers.
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 Ormonde Road, Wokingham, Berkshire
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