2-bedroom bungalow · RG40 4HY
Listing removedListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom semi detached bungalow is set on a large plot in a desirable, non estate location close to local shops and transport links.
The versatile accommodation comprises a spacious living room with a fireplace, a dining room leading into the kitchen, a lean to sunroom, two double bedrooms, and a shower room.
Outside, there is a garage with an adjoining workshop at the rear, alongside ample driveway parking at the front The private rear garden is enclosed by wooden fencing, featuring an area of lawn well stocked with a variety of plants and trees.
A garage and adjoining timber framed workshop sit to the rear. Gated side access leads to the front block paved driveway, which provides parking for several vehicles.
The front of the property includes a shingling area set behind gates, mature trees providing privacy, and dedicated outside lighting mounted on a lamp post.
Nine Mile Ride is located approximately 21⁄2 miles south of Wokingham town centre and runs from east to west.
The area comprises a wide range of individual properties situated on mainly good-sized plots.
Local shops, schools, and a doctors' surgery are available at California Crossroads, with woodland walks accessible nearby off Heath Ride.
Excellent transport links to both the M3 and A329(M)/M4 are accessible via Bracknell. Council Tax Band: D Local Authority: Wokingham Borough Council Energy Performance Rating: D
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 143b, Nine Mile Ride, Wokingham
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