2-bedroom house · RG28 7BE
For saleListed 412 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN - CHEQUERS are pleased to offer for sale this two bedroom ground floor apartment situated on this over 55's development in the heart of the village of Whitchurch.
Whilst requiring modernisation, viewing is recommended to appreciate all the features on offer including entrance hall, living room, kitchen, two bedrooms and a bathroom.
(draft particulars - awaiting vendors approval). Entrance Hall: - Night storage heater.
Living Room: - 5.92m x 3.15m (19'5" x 10'4") - Entry phone system, night storage heater, wall light points, storage cupboard, double glazed door to communal grounds, door to - Kitchen: - 2.24m x 2.08m (7'4" x 6'10") - Range of eye and base level units, work surfaces, inset single drainer sink unit, fitted oven and hob with extractor fan over, tiled surrounds, appliance space.
Bedroom One: - 35.36m x 3.23m (116" x 10'7") - Double glazed window, wall mounted heater, wall light points, wardrobe.
Bedroom Two: - 2.72m x 2.49m (8'11" x 8'2") - Double glazed window, wall mounted electric heater.
Bathroom: - 2.03m x 1.65m (6'8" x 5'5") - Coloured suite comprising panel enclosed bath with shower over, pedestal wash hand basin, low level w.c., tiled surrounds, wall mounted electric heater.
Outside: - There are well maintained communal gardens, laid to lawn with established borders.
Lease Details: - We have been advised there are approximately 63 years remaining on the lease (24/07/1989 - 23/06/2088).
Ground rent - £315.00 paid half yearly in two £157.50 payments in April and October - this will increase on 1 April 2039 to £473.00 per annum and again on 1 April 2064 to £709.00 for the remaining term.
Service charge - £3667.20 from 01/07/2025 to 30/06/2026 - June 2026. Prospective purchasers should clarify these details with their solicitor.
Council Tax: - Band A Money Laundering Regulations: - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Referrals: - Chequers will recommend the services of other businesses and may receive a referral fee in some instances where a buyer or seller uses the services of that company.
Value & comps
No previous sales on record.
Returns
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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.
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