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See how verdicts work2-bedroom flat · RG40 1EQ
For saleListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented to the market with no onward chain, a well-presented two bedroom first floor apartment situated within a popular over 55s development, offering spacious and practical accommodation in a convenient location.
The property benefits from a bright and generous living room, creating an excellent space for relaxing and entertaining, alongside a separate fitted kitchen.
There are two bedrooms, including a particularly spacious principal bedroom, both served by a modern family bathroom.
The apartment offers a well-balanced layout throughout with plenty of natural light and useful storage space, making it ideal for those looking to downsize whilst maintaining independence and comfort.
The property benefits from well-maintained communal areas and resident parking nearby.
Acorn Drive is conveniently located within easy reach of Wokingham town centre, offering a wide range of shops, restaurants and leisure facilities.
The property is also well positioned for local transport links, parks and nearby countryside walks, with easy access to the A329(M), M4 and Wokingham railway station.
Council Tax Band: C Local Authority: Wokingham Borough Council Energy Performance Rating: C Leasehold information: Term: 99 yrs (New owners receive a new lease to 99 years on purchase) Annual Service charge: C.£2,597.64 There is a resale fee of 1.2% plus Vat payable to the Home Group.
Nb: This is information you will need to verify through your solicitor, as part of the conveyancing process.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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
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FAQ
About 58, Acorn Drive, Wokingham
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