1-bedroom property · RG41 3DB
Sold STCListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor, one bedroom retirement apartment with patio doors to an outdoor patio area, set within Kennet Court, Wokingham, RG41, which offers independent living to the over 55's.
The accommodation comprises entrance hall with two storage cupboards, a spacious living/ dining room with patio doors leading on to the gardens, a modern kitchen with integrated appliances, master bedroom with built-in wardrobes, plus an updated wet room with level access shower.
Kennet Court offers a thoughtfully designed, supportive retirement setting with a strong community ethos.
Owners enjoy well-maintained homes and gardens, on-site amenities, and easy access to local facilities – making it a popular choice for the over 55’s looking to downsize without compromising on independence or social engagements.
Kennet Court consists of 20 apartments and 24 bungalows which are all designed with comfort and accessibility in mind.
Kennet Court prides itself on the vast array of social activities it has to offer, which is reviewed frequently by the social committee.
Activities are not compulsory, but film nights, knit & natter, afternoon art, bingo, poetry, and planned outings are always popular.
Kennet Court offers daily a 3-course homemade lunch which is served in the communal dining room, and 4:00pm tea is extremely popular and gives the Owners a chance to catch up on daily events.
Kennet Court is run by its own management company, with 24-hour on-site staff ensuring the constant safety and security of all Owners and the grounds.
Employing excellent trustworthy staff who are always available to help, and support provides Owners and their families reliability and reassurance.
The house keeping assistants provide a weekly 90 minute clean to all dwellings, and take pride in the upkeep of the communal areas, making Kennet Court a clean and tidy environment.
The beautifully designed guest suite is available to accommodate family and friends who wish to visit and enjoy a stress-free stay.
Providing a unique approach to independent retirement living, Retirement Security was established in 1983.
We have continued to trail blaze for over 40 years with 32 Courts across England and Wales all offering a range of high-level services to make life easier.
Our founder, Bob Bessell, committed to provide retirees with a wider selection of retirement options, ones that offered affordability, a secure environment and a supportive community, alongside retaining financial control – Courts ‘Run by Owners, for Owners’.
These carefully designed properties bridge the gap between luxury retirement living and preserving your independence for as long as possible.
It is important to note that a significant proportion of the Service Charge relates to items which the prospective purchaser is responsible for in their present home, such as building insurance, building maintenance, gardening, and domestic help.
The lease provides that a transfer premium is payable to Retirement Security on resale of a property.
The maximum premium payable is 3% of the sale price depending on the length of time an Owner has lived at the property. Further information is available from the Court Manager.
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 Kennet Court, Wokingham, RG41
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