1-bedroom house · RG41 1AB
For saleReduced £30k (−13%) on 21 JunListed 532 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented one bedroom ground floor apartment is set within a short walk of Wokingham town centre.
The accommodation comprises large entrance hall, separate kitchen with integrated appliances, living room, bedroom with built-in wardrobes and a separate white bathroom suite.
There is a large communal living room, sunroom, separate kitchenette and a lift serving all floors.
Surrounding the building are well-maintained south-facing front and the rear communal gardens with a terrace area that has plenty of benches and seating.
There is communal parking at the front of the building as well as visitor spaces and a storage unit for bicycles, wheelchairs including wheelchair electric charging units.
Imperial Court is a gated development for the over 55 plus the residents range from those who work and enjoy the additional benefits Imperial Court have to offer and those who have decided to take things more slowly.
Constructed by renowned local developer Millgate Homes in 2007. The area is well served by local supermarkets.
The A329(M)/M4 can be reached from the East of the town with mainline station (Waterloo) and the New Elizabeth Line.
To the North is Dinton Pastures Country Park, a superb 335 acres of countryside interspersed with pathways.
Council Tax Band: C Local Authority: Wokingham Borough Council Energy Performance Rating: B Leasehold information Term: 125 yrs from 25th December 2007 Years remaining: 108 Annual Service charge: £2,347.08 Annual Ground rent: £250.00 Ground rent review period: Every 25 years, in line with rpi, next review 25th December 2032 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
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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 7 Imperial Court, Reading Road, Wokingham
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