4 Bed Terraced House, Refurb/BRRR, Reading, RG4 5EH, £605,000

Lady Jane Court, Caversham, Reading, RG4 5EH - 6 views - 8 months ago

Refurb/BRRR
~146 m²
+13 photos

ValuationUndervalued

Sold Prices£320K - £1.1M
Sold Prices/m²£2.4K/m² - £8.2K/m²

 

 

Square Metres

~146 m²
Price/m²£4.1K/m²

Value Estimate

£623,150
BMV3%

 

 

End Value (After Refurb)

£680,227

Uplift in Value

+12%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£151,250

Stamp Duty & Legal Fees

£37,100

Refurb Costs

£67,793

Bridging Loan Interest

£15,881

Total Cash In

£273,774

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£680,227

Mortgage (After Refinance)

£510,170

Mortgage LTV

75%

Cash Released

£56,420

Cash Left In

£217,354

Equity

£170,057

Rent Range

£1,495 - £4,500

Rent Estimate

£2,047

Running Costs/mo

£2,555

Cashflow/mo

£-508

Cashflow/yr

£-6,097

Gross Yield

4%

Local Sold Prices

50 sold prices from £320K to £1.1M, average is £630K. £2.4K/m² to £8.2K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£752K02/210.05 mi29, Grosvenor Road, Caversham, Reading RG4 5EN4
£850K04/210.05 mi32, Grosvenor Road, Caversham, Reading RG4 5EN4
£1.1M02/230.07 mi44, Grosvenor Road, Caversham, Reading RG4 5EN4
£655K04/210.1 mi1, George Close, Caversham, Reading RG4 5EW4
£420K03/210.11 mi10, Field View, Caversham, Reading RG4 5HB4
£545K03/230.11 mi14, Field View, Caversham, Reading RG4 5HB4
£600K01/210.11 mi5, Wilwyne Close, Caversham, Reading RG4 5EP4
£465K04/230.14 mi7, Cawsam Gardens, Caversham, Reading RG4 5JE4
£690K06/210.2 mi79, Henley Road, Caversham, Reading RG4 6DS4
£780K08/210.2 mi87a, Henley Road, Caversham, Reading RG4 6DS4
£985K03/230.25 mi34, Peppard Road, Emmer Green, Reading RG4 8NG4
£715K09/210.26 mi19, Fairfax Close, Caversham, Reading RG4 6DA4
£640K12/200.31 mi11, Picton Way, Caversham, Reading RG4 8NJ4
£732K03/210.31 mi33, Picton Way, Caversham, Reading RG4 8NJ4
£432K12/200.31 mi37, Anglefield Road, Caversham, Reading RG4 5HP4
£320K12/200.31 mi10, Anglefield Road, Caversham, Reading RG4 5HP4
£522.5K08/210.31 mi162, Henley Road, Caversham, Reading RG4 6DJ4
£648.7K06/210.32 mi67, South View Avenue, Caversham, Reading RG4 5AJ4
£775K11/210.33 mi30, Balmore Drive, Caversham, Reading RG4 8NL4
£775K12/200.33 mi5, Balmore Drive, Caversham, Reading RG4 8NL4
£735K06/210.33 mi23, Peppard Road, Caversham, Reading RG4 8JP4
£510K06/210.34 mi5, Notley Place, Emmer Green, Reading RG4 8PW4
£760K06/210.35 mi107, Peppard Road, Emmer Green, Reading RG4 8TR4
£767.5K01/230.37 mi82, Cromwell Road, Caversham, Reading RG4 5EB4
£605K07/230.4 mi33, Buckingham Drive, Emmer Green, Reading RG4 8RY4
£615K10/210.41 mi51, All Hallows Road, Caversham, Reading RG4 5LP4
£485K06/230.44 mi22, Douglas Road, Caversham, Reading RG4 5BH4
£527K06/210.52 mi24, Hemdean Road, Caversham, Reading RG4 7SU4
£630K01/210.53 mi266, Hemdean Road, Caversham, Reading RG4 7QT4
£675K05/210.54 mi30, Surley Row, Emmer Green, Reading RG4 8NA4
£667.5K07/210.54 mi42, Surley Row, Emmer Green, Reading RG4 8NA4
£650.1K06/210.54 mi40, Surley Row, Emmer Green, Reading RG4 8NA4
£533.5K10/210.54 mi3, Knighton Close, Caversham, Reading RG4 7SZ4
£480K12/200.55 mi19, Hemdean Hill, Caversham, Reading RG4 7SB4
£702.5K07/230.55 mi177, Peppard Road, Emmer Green, Reading RG4 8TS4
£630K04/230.58 mi6, Woodlands Grove, Caversham, Reading RG4 6NB4
£544K08/230.59 mi19, Amersham Road, Caversham, Reading RG4 5BP4
£720K07/230.59 mi8, Priest Hill, Caversham, Reading RG4 7RZ4
£530K06/210.59 mi5, Priest Hill, Caversham, Reading RG4 7RZ4
£744K04/210.61 mi4, Star Road, Caversham, Reading RG4 5BS4
£747.5K07/230.62 mi6, Blenheim Road, Caversham, Reading RG4 7RS4
£550K05/210.62 mi263, Hemdean Road, Caversham, Reading RG4 7QW4
£455K02/210.66 mi10, Stuart Close, Emmer Green, Reading RG4 8RE4
£693K06/230.66 mi7, Woods Road, Caversham, Reading RG4 6NA4
£499.9K12/200.66 mi20, Cardinal Close, Caversham, Reading RG4 8BZ4
£525K09/210.67 mi3, Sheldon Rise, Caversham, Reading RG4 7AU4
£625K11/200.68 mi26, St Annes Road, Caversham, Reading RG4 7PA4
£580K01/210.7 mi21, Heron Island, Caversham, Reading RG4 8DQ4
£580K03/230.7 mi1, Quantock Avenue, Caversham, Reading RG4 6PY4
£485K03/210.7 mi5, Barnard Close, Caversham, Reading RG4 6RZ4

Local Rents

48 rents from £1.5K/mo to £4.5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,85004/250.03 mi-3
£2,35007/240.16 miLonghurst Close, Caversham, RG44
£2,50012/240.17 miGeorge Close, Caversham, Reading4
£1,75007/240.2 miOnslow Gardens, Caversham, Reading3
£1,75007/240.21 mi-3
£1,75007/240.21 miValentine Crescent, Caversham, Reading, RG43
£1,75007/240.29 miMayfield Drive, Caversham, Reading3
£2,00007/240.31 miAnglefield Road, Caversham, Reading, Berkshire, RG43
£2,50007/240.31 miBalmore Park, Caversham, Reading4
£2,48507/240.33 mi-3
£2,28507/240.33 mi-3
£2,18501/250.33 mi-3
£2,28507/240.33 miThe Horse Close, Reading, RG43
£2,35007/240.34 miNotley Place, Emmer Green3
£2,00007/240.34 mi2 Notley Place3
£1,75012/240.34 miNotley Place, Emmer Green, Reading3
£1,95012/240.35 miPeppard Road, Caversham3
£1,65012/240.42 miEccles Close, Caversham, Reading3
£1,75004/250.44 mi-3
£1,65007/240.46 miBriants Avenue, Caversham, Reading, Berkshire, RG43
£1,65002/250.46 mi-3
£2,70012/240.47 miHarmont Gate, Emmer Green, Reading, Berkshire, RG44
£1,69512/240.47 miBriants Avenue3
£1,99507/240.48 mi-4
£1,80012/240.49 miLower Henley Road, Caversham, RG44
£1,55012/240.49 miSouth Street, Caversham, Reading3
£1,65012/240.49 miOxford Street, Caversham, Reading3
£1,70012/240.5 miSouth Street, Caversham, Reading3
£1,65012/240.5 mi-3
£1,50004/250.52 mi-3
£3,20012/240.52 mi-5
£1,95002/240.55 mi-3
£1,59512/240.55 miKings Road3
£1,87512/240.55 mi-3
£1,59501/250.56 mi-3
£2,25007/240.57 miPriest Hill, Caversham, Reading3
£1,59507/240.58 miQueens Road, Caversham3
£1,99002/240.58 mi-3
£2,50007/240.58 miGrove Hill, Emmer Green, Reading4
£4,50001/250.58 mi-4
£1,85012/240.58 miHemdean Rise, Caversham, Reading3
£2,32503/250.59 mi-3
£1,59507/240.59 mi-3
£1,59507/240.59 miKings Rd, Reading, RG43
£1,70012/240.6 miRectory Road, Caversham3
£2,65007/240.6 miPatrick Road4
£2,50001/240.61 mi-3
£1,49512/240.61 miQueen's Road, Caversham, Reading3

Local Area Statistics

Population in RG4

39,160

Population in Reading

321,187

Town centre distance

1.48 miles away

Nearest school

0.20 miles away

Nearest train station

1.04 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Price changed to £605,000

December 11, 2024

Listed for £615,000

August 8, 2024

Floor Plans

Description

  • Four bedroom semi detached family home +
  • Living/dining room +
  • Kitchen/breakfast room +
  • Cloakroom +
  • Approx. 60ft south facing secluded rear garden +
  • Requires some modernisation +
  • Garage +
  • Parking +

A four bedroom semi detached family home peacefully situated off the private Grosvenor Road, requiring some updating and occupying a south facing secluded garden with garage. Conveniently positioned approximately half a mile north of Caversham centre
ENTRANCE
Covered entrance porch with front door to
RECEPTION HALL
With radiator, staircase to first floor, cloaks area and understairs storage cupboard

CLOAKROOM
With W.C., wash hand basin, radiator, side aspect obscure double glazed window
LIVING/DINING ROOM
Spacious room covering full width of the house naturally segregated for living and dining areas with rear aspect bay window with matching French doors to garden, two radiators, ornamental fireplace

KITCHEN/BREAKFAST ROOM
Comprising double drainer steel sink unit with mixer tap and cupboards under, further base and eye level units with laminated work surfaces and tiled surrounds. Electric cooker point, plumbing for washing machine, space for fridge/freezer, breakfast bar and appliance space. Front aspect window and kitchen side door

STAIRCASE FROM RECEPTION HALL TO SEMI LANDING
With built in airing cupboard house gas boiler and hot water tank
STAIRCASE TO FIRST FLOOR
With galleried landing, access to loft space above, built in linen cupboard, radiator
BEDROOM ONE
Rear aspect window, radiator
BEDROOM TWO
Rear aspect window, radiator
BEDROOM THREE
Front aspect window, radiator, built in double wardrobe
BEDROOM FOUR
Front aspect window, radiator, built in double wardrobe
BATHROOM
Comprising enamel bath, wash hand basin, W.C., radiator, side aspect obscure glazed window
REAR GARDEN
At the rear of the property is a level secluded garden laid to lawn with mature trees, timber and wire fencing along with brick wall enclosures, enjoying a southerly aspect with patio area adjacent to the property and access front to rear via timber gate. The gardens extend approximately 60ft

OUTSIDE
The front of the property is entered via driveway leading to
INTEGRAL GARAGE
With up and over door, power and light and off road parking space in front
FRONT GARDEN
Pathway to front and open lawned garden area
TENURE
Freehold
SCHOOL CATCHMENT
The Hill Primary School
Highdown School and Sixth Form Centre
COUNCIL TAX
Band F
FREE MORTGAGE ADVICE
We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access a variety of mortgage rates from leading Banks and Building Societies. For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on

Agent Details

Farmer & Dyer, Caversham

0118 230 0637

Next Steps?

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