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Sulhamstead Road, Burghfield, Reading, Berkshire, RG30

PROPERTY TYPE

Detached

BEDROOMS

8

BATHROOMS

8

SIZE

2,755 sq ft

256 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 8-unit income-producing site - 0.3 of an Acre
  • Currently generating £78,960 per annum (fully let)
  • 7 units let, 1 vacant - scope to increase income
  • Mixed unit types including flats and cottages
  • Oil-fired system serving multiple units
  • Opportunity to add 1–2 additional units (STPP)
  • Located near Burghfield & Mortimer villages
  • Strong local rental demand
  • Easy M4 and AWE access.
  • Value-add opportunity through refurbishment and optimisation

Description

Investment Overview


The site is currently operated as a going concern, with seven of the eight units let, producing a strong and consistent income stream. When fully occupied, the site generates £78,960 per annum.

The property includes:

A converted main house arranged as five flats
Four ground floor flats (combined approx. 928 sq ft)
One first floor flat (approx. 492 sq ft)
Smith’s Lawns - a well-proportioned detached unit (approx. 936 sq ft) with its own garden
Pump Cottage with patio garden
Cabin Cottage with patio garden

The site is serviced by an oil-fired system with three boilers, supplying multiple units.

Income & Opportunity

This is not just a steady income asset - there is clear upside.

1 vacant unit ready for improvement and re-letting
Potential to increase rents through refurbishment and better presentation
Scope to reconfigure and optimise underperforming units

Development Potential (STPP)

Space within the grounds to create one or two additional units (as there once were two extra units that have been pulled down due to condition)
Potential to reconfigure garden areas (flats 5 & 7) to unlock further development space
Smith’s Lawns plot offers additional scope for another dwelling (subject to planning)

For the right buyer, this is a hold and grow asset, not just a passive investment.

Location

Positioned on the edge of Reading, with easy access to:

Burghfield village
Mortimer village
Local pubs and amenities
Easy access to M4 and AWE

This is an area that continues to see consistent tenant demand, which will be strengthened by unit improvements over time.

Running Costs (2025–2026)

Water: £1,462 per annum
Insurance: £1,900 per annum
Oil: £2,790 per annum
Electric: £3,565 per annum
Window cleaning: £320 per annum
Gardening: £90 per annum
Wildlife control: £800 per annum

Total: £10,927 per annum

Important Information

These figures are provided as a guide based on 2025–2026 ownership data.
Costs and returns may vary depending on management approach and usage.

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Sulhamstead Road, Burghfield, Reading, Berkshire, RG30

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About Martyn Russell Property Services, Reading

3 Church Road Earley Reading RG6 1EY

We are a family-owned business with a wealth of combined experience, led by Martyn Russell, a veteran with 50 years of experience in the property business. Our team is committed to providing a friendly, personal, and professional service to our clients. We offer buying, selling, and rental services, as well as assistance with property investments and rental property management. We use high-quality video footage and social media platforms in our marketing strategy to reach a wider audience. If you need help with your property requirements, please contact us to book a Call/Zoom or pop in for an informal chat.

Affordability

Monthly repayments£4,561
Property: £ 1,000,000
Deposit: £ 100,000
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference MRT_MRT_LFSYCL_1003_1170502038. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Martyn Russell Property Services, Reading. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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