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See how verdicts work2-bedroom flat · RG41 3BE
For saleReduced £25k (−7.1%) on 21 JunListed 452 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a private gated development along the very sought after Chestnut Avenue a spacious ground floor apartment offering 774 sq. Ft.
Of living space with direct access to the delightful communal gardens.
The accommodation comprises living/dining room with bi-fold doors to the communal garden, a modern fitted kitchen with appliances, master bedroom with ensuite shower room, good size bedroom two and a 4 piece family bathroom.
The apartment has double glazing and gas radiator heating and an excellent EPC rating of B.
The development is entered via electric gates with driveway leading to the one allocated parking space (P7) with beautiful lawned communal gardens offering outside space throughout the year.
Wokingham is just a 5 minute drive away with its regenerated town centre which boasts a selection of independent shops, cafes, restaurants, pubs and a boutique cinema.
Lease details - 125 years from 24th June 2009. Current annual service charge £1113.10, annual insurance £296.62 and annual Ground rent - £200pa increased every 25 years.
For more detailed material property information please click on the various brochure links. Mobile Signal O2, EE, Vodafone and Three are available.
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
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FAQ
About Kingsley Court, Kingsley Place, Wokingham
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