1-bedroom flat · RG41 1EH
For saleListed 742 days
Opportunity summary
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About
This beautiful Retirement Living development of 34 one and two bedroom apartments, is situated just minutes from the centre of this historic market town.
As well as a stylish communal lounge in which homeowners can socialise over a cup of coffee or glass of wine, this development benefits from a beautifully landscaped garden at the rear, providing a secluded green space and terrace for all residents to enjoy.
All apartments are well appointed, with kitchens featuring a range of stylish integrated appliances and there is a fitted or walk-in wardrobe to the master bedrooms.
Selected apartments also benefit from a private balcony or patio.
Being just a mile from Wokingham town centre, you will have a wealth of local amenities on your doorstep, from shops and eateries to large supermarkets and hairdressers.
And getting around won’t be a problem, whatever your preferred mode of transport.
As well as on-site parking^, there are four bus stops within a mile of the development and Wokingham train station nearby, you will easily be able to visit the surrounding areas or even take a day trip into London.
Discover Retirement Living with McCarthy Stone This Retirement Living development in Wokingham offers safe, secure, luxurious and low maintenance private retirement apartments, exclusive to the over the 60s.
You’ll benefit from a friendly manager on-site to keep everything running smoothly, as well as access to communal areas like the lovely lounge and attractive gardens for socialising.
There is also a hotel-style guest suite as a convenient alternative when people come to stay. Parking spaces will be available^ and pets are welcome too!
Low maintenance and sociable This Retirement Living development is designed to encourage community feeling to flourish, while also allowing you to enjoy the complete privacy of your own spacious retirement apartment.
You’ll enjoy stylish well-maintained communal spaces, including the well-appointed lounge with free Wi-Fi, and a landscaped garden - ideal for meeting your friends, neighbours and family for a drink and a chat.
Our communal facilities soon become social hubs – a hive of informal gatherings and regular clubs, events and meet-ups to suit all sorts of interests.
You’ll find things like film nights, pie and mash lunches, knitting clubs, cocktail evenings, music, yoga, birthday parties and even the odd fiesta. Safe, secure and energy efficient Did you know?
Our well-insulated, warm and energy-efficient retirement properties could save you hundreds of pounds a year in energy bills* All our new retirement apartments are designed with intelligent ergonomics and efficiency in mind to ensure they’re a joy to live in.
Apartments offer high spec fully-fitted kitchens with integrated high-energy rated appliances, while master bedrooms have walk in wardrobes or fitted wardrobes as standard and a Sky Q connection point in the living room.
All apartments have the latest safety and security features built in too.
You’ll benefit from a 24-hour emergency call system, fire detection and door camera entry, so you can see who it is before answering the door - as well as the reassurance the on-site manager.
*Research carried out by HBF, 2021 shows the average energy saving from moving to a new build home in the UK is £435 a year.
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 20, Oakingham Place 54-58,, Reading Road, Berkshire
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