2-bedroom flat · RG41 5EP
No longer listedListed 28 days
Opportunity summary
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About
Spacious Top-Floor Apartment with Two Private Balconies Situated within a small development of just five homes, this top-floor apartment offers well-proportioned accommodation together with the benefit of two private balconies The property is conveniently located for Wokingham, Reading and Winnersh, with local amenities, the railway station and excellent road links all within easy reach.
Accessed via a communal entrance with entry phone system, a private entrance on the second floor leads into the apartment.
The entrance hall has laminate flooring and provides access to all rooms, together with a useful storage cupboard.
The 16ft living/dining room is a good-sized reception room with laminate flooring and neutral décor.
Glazed doors lead onto one of the property's private balconies, providing useful additional outdoor space and plenty of natural light.
The separate kitchen/breakfast room is fitted with wood-effect units and includes a built-in fridge/freezer, washing machine, dishwasher and gas hob, together with space for a breakfast table.
The main bedroom has laminate flooring, built-in wardrobes and an en-suite shower room A second private balcony provides further outdoor space and is a particular benefit of the property.
There is a further double bedroom , which could also provide a useful home office or guest room. The main bathroom is fitted with a bath and shower over, with partial aqua-blue tiling.
Outside, the property benefits from a large communal rear garden , with parking available to the front of the development.
The location is convenient for everyday amenities, with a Sainsbury's superstore, local shops and Winnersh mainline railway station within walking distance Wokingham town centre is also easily accessible, while the A329(M) and M4 provide good road connections towards Reading, London and the wider Thames Valley.
Available: November 2026 Material Information: Part A.
Property: Two Bedroom Penthouse Apartment Rent £1500 Deposit £1730 Holding Deposit £346 Local Authority / Council Tax: Wokingham - C EPC: C Part B. Property Construction: Brick and block Services.
Gas: Mains / Water: Mains / Drainage: Mains Electricity: Mains Heating: Gas Central Heating Broadband: Fttc Mobile: Good Part C. Parking: Allocated Parking for One Vehicle Parking - Off Street
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 5, 400 Reading Road, Wokingham
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