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See how verdicts work2-bedroom house · RG40 1EQ
For saleReduced £10k (−4.8%) on 1 OctListed 402 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom first floor retirement flat is offered for sale with no onward chain. The property offers one double bedroom and one single bedroom, lounge/dining room.
The development is located ideally for access to Wokingham Town Centre and set in well maintained communal grounds and parking.
Acorn Drive benefits from communal residents' parking and well-maintained shared gardens, creating a pleasant environment for outdoor relaxation.
The maisonette also has its own private entrance, enhancing the sense of independence and ease of access.
The Acorn Drive development is only suitable for over 55's and has proved to be extremely popular over the years due to its close proximity to Wokingham town centre, and the fact that the development is interspersed with gardens situated in a quiet area to the North West of Wokingham town centre.
There is a communal lounge/function room which hosts regular social events, afternoon teas and lunches.
Council Tax Band: C Local Authority: Wokingham Borough Council Energy Performance Rating: C Leasehold information: Term: 99 yrs (New owners receive a new lease to 99 years on purchase) Annual Service charge: C.£2,581.36 There is a resale fee of 1.2% plus Vat payable to the Home Group.
Nb: This is information you will need to verify through your solicitor, as part of the conveyancing process.
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
Agent & docs
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FAQ
About 68, Acorn Drive, Wokingham
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