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See how verdicts work2-bedroom flat · RG40 1EU
For saleReduced £15k (−7.1%) on 26 OctListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROPERTY DETAILS Located in the highly sought after Acorn Drive development, this spacious two bedroom apartment is offered to the market with no onward chain and ideal for anyone wanting to put their own mark on a property.
The property in it's current state has been recently repainted in white and is comfortable and ready for occupation by the new owner.
The property is situated on the first floor and enjoys brilliant views over the communal gardens.
You will first notice the main reception room on the left as you enter, which is spacious and has room for both a sitting and dining area.
The kitchen leads off from this room and is currently fitted with washing machine and dishwasher. Both bedrooms have built in wardrobe space, the main double room has an extra dressing room.
The second bedroom is a good sized single, but could easily be used as an office or studio if desired. The shower room is fitted with three-piece-suite and floor to ceiling tiles.
Two storage cupboards are located in the shower room and the hallway, respectively, creating space saving solutions.
The development is well known and highly sought after due to its close proximity to Wokingham town, Waitrose supermarket, shops, doctors and train station.
Acorn Drive has it's own thriving social hub, with regular chances to meet up with other residents at the community centre who organise film nights, coffee mornings, fish and chips Fridays and more.
The on site manager is available to assist during working hours, plus an after hours helpline. Residents also benefit from the use of guest suites for friends and family to visit and stay over.
Viewings are highly recommended and early booking is advised. Call our office now!
FURTHER DETAILS Tenure - Leasehold Lease Length - Lease renewed to 99 years when new owners complete on the property Service Charge - £2,325.24 per year Council Tax Band C References to the Tenure of a Property and additional costs are based on information supplied by the Seller.
A Buyer is advised to obtain verification from their Solicitor.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About Acorn Drive, Wokingham
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