2-bedroom flat · RG41 1AG
For saleReduced £30k (−9.1%) on 9 OctListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a quiet cul-de-sac location is this immaculately presented chain free first-floor apartment, offering bright and spacious accommodation with a lovely open-plan living/dining area and access to a private balcony.
The well-appointed kitchen is fitted with a good range of units and integrated appliances, while there are two generously proportioned double bedrooms, a modern bathroom, ensuite shower room and useful storage throughout the property.
The apartment is ideally located for easy access to Wokingham town centre, the mainline railway station and a range of local amenities.
There are also excellent transport links, with the A329M and M4 motorway both within easy reach.
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.
Area
Agent & docs
FAQ
About 27, Nicholson Drive, Berkshire
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