2-bedroom terraced house
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented modern two bedroom terraced house is set in a desirable cul-de-sac on the newly formed Mulberry Grove development, overlooking green space, close to local schools and a supermarket.
The accommodation comprises an entrance hall, a spacious open plan living room/kitchen with French doors leading onto the low maintenance rear garden and a cloakroom with additional built in under stairs storage.
On the first floor, there are two bedrooms and a family bathroom. Outside, the south facing rear garden is laid with artificial grass, and there are two allocated parking spaces at the front.
The rear garden is enclosed by wooden fencing and laid with artificial lawn, with patios across the rear of the house and at the rear of the garden.
There is gated rear access, outside wall lighting and a wooden shed. There are two allocated parking spaces at the front of the property.
Mulberry Grove is one of the more recent developments in Wokingham, to the north of the town.
Built by Crest Nicholson, the development comprises an attractive range of properties which, in our opinion, are of a high build quality.
The property overlooks Kentwood Meadow, a natural green space perfect for nature lovers and dog walkers alike.
Good local schools are available at all levels, and the location provides easy access to the A329(M) and M4, as well as being within walking distance of the town centre.
There is an annual estate charge of c.£256.22 which covers the cost of the upkeep and maintenance of communal areas and facilities.
Nb: This is information you will need to verify through your solicitor, as part of the conveyancing process. Council Tax Band: F Local Authority: Wokingham Borough Council Energy Performance Rating: B
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
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FAQ
About Goddard Crescent, Wokingham
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