1-bedroom house · RG41 1EG
Listing removedReduced £3k (−2.1%) on 28 JunListed 362 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain.
Situated just under half a mile of the Wokingham Market Place and rail station, a smartly presented ground floor maisonette set in an over 55’s retirement development built in the 1980’s.
The property has it’s own personal front door yet enjoys the benefits of all the communal facilities.
The 439 sq ft of accommodation comprises hallway, living room, newly refitted kitchen, bedroom and shower/wet room. The property has uPVC double glazing, electric heating and an EPC rating of C.
To the front is a communal car park with spaces for residents and visitors and to the rear is an established, beautifully presented communal garden with a well-tended lawn area, mature trees, pond, water feature, outside lighting and seating area.
Within the development there is a community room, a lift and a communal laundry room.
Lease details 99 years from July 26th 2022 (new owners receive a new lease to 99 years on purchase), service charge for 1st April 2025 to 31st March 2026 £2,648.87 and no ground rent.
On surrender of the lease there will be a charge of 2.5% of the sale price plus 0.5% of the sale price for every year that you have owned the property.
For more detailed material property information please click on the various brochure links.
Building Safety As is common with many properties built prior to 2000 there is a possibility that building materials used during their construction may contain Asbestos – you may wish to commission your own survey to establish whether this is the case with this property.
Mobile Signal Vodafone, EE, O2 and 3 are available.
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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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 Willow Court, Reading Road, Wokingham
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