2-bedroom flat · RG2 9FE
For saleListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This stylish, smartly presented two-bedroom apartment is set in a quiet cul-de-sac on the popular Penrose Park development, close to local shops and parkland.
The accommodation comprises a bright and airy living room with a bay window and a dining area, which leads into the fitted kitchen complete with an integrated oven and hob.
Bedroom one offers fitted wardrobes and an impressive en suite shower room. The family bathroom has been updated, and there is ample storage throughout the property.
Outside, there are two allocated parking spaces. There are two allocated parking spaces located in a parking bay to the side of the property.
The apartment block is surrounded by well-maintained communal grounds, and entry is secured via an electronic entry phone system.
Attwood Drive forms part of the Penrose Park development in Arborfield.
Set just on the outskirts of the village, it features an attractive mix of apartments and two-, three-, four-, and five-bedroom family homes.
Excellent local amenities include a new Sainsbury’s supermarket and gym facilities at the nearby Bohunt School.
The property is situated approximately 3 miles southwest of Wokingham, which offers a mainline train station with direct links to London Waterloo.
In addition, the nearby A327 provides easy access to both Reading and Camberley, opening up fast routes to the M3 and M4 motorways.
Council Tax Band: C Local Authority: Wokingham Borough Council Energy Performance Rating: C Leasehold information Term: 125 years from 1 December 2002 Years remaining: 101 yrs Annual Service charge: C.£2,964.78 Annual Ground rent: C.£520.00 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
Agent & docs
FAQ
About 6, Attwood Drive, Arborfield
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