2-bedroom flat · RG40 2HB
For saleReduced £15k (−3.2%) on 2 SepListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb two bedroom, two bathroom penthouse apartment perfectly positioned close to Wokingham town centre.
Offering approximately 1,269 sq ft of versatile accommodation, this impressive home combines generous proportions with a sense of privacy and exclusivity.
The accommodation comprises a spacious living room with attractive bay style windows, a well appointed kitchen/dining room, two generous bedrooms and two bathrooms.
The principal bedroom benefits from en suite shower room and a large walk in airing cupboard, while the second bedroom is also particularly well proportioned.
The property is offered with no onward chain, making it an ideal opportunity for those looking for a straightforward move.
Further benefits include lift access for convenience and accessibility, and a single garage. The apartment benefits from shared visitor parking and a separate garage, providing secure parking.
Being a penthouse apartment, the property enjoys a particularly private position within the development, while its elevated setting provides an appealing outlook and a wonderful sense of space.
Sturges Road is ideally positioned for access to Wokingham town centre, which offers an excellent selection of shops, cafés and restaurants, all within easy reach.
Wokingham railway station is also conveniently accessible, offering regular services towards London and Reading, with further connections via the Elizabeth Line.
The area is well placed for access to highly regarded local schools, leisure facilities and the surrounding Berkshire countryside, while excellent road links provide convenient access to the M4 and surrounding towns.
Council Tax Band: E Local Authority: Wokingham Borough Council Energy Performance Rating: C Leasehold information Term: 999 yrs from 1st January 2002 - Years remaining: 975 Annual Service charge: C.£3,200.16 The vendor informs us that Flat 10 owns a share of the freehold.
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
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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 Flat 10 Sturges Court, 70, Sturges Road, Wokingham
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