1-bedroom flat · RG41 2AH
Sold STCListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Owners Comments...
I have absolutely loved living here and it's with a very heavy heart that I am now selling - my neighbours are all lovely, and block is so well built we rarely hear each other from within each flat!
I was immediately sold by having the direct garden access - it feels so private and the other residents rarley use it so it really does feel like "my own" and ideal for hosting BBQs and sunbathing in the summer.
It's only a 20 minute walk or 5 minute cycle into Town or the train station, and I'm so lucky to have so many lovely walks on the doorstep - I've spent many a day exploring all the countryside on the doorstep and you can walk for hours and get to see so much wildlife as well.
Most importantly I've always felt very safe living here as a single female and I am going to miss it very much. Area Comments...
Godwin Close is a private cul-de-sac built 14 years ago by Cala Homes and the block only has 9 apartments in.
It's a mile from the Town Centre and Train Station with Tesco Superstore, Lidl & Aldi all well within that radius as well.
There's some lovely farmland and countryside to explore as well from the farm walks down the back of Luckley & Ludgrove Schools into Grays Farm and Leslie Sears and Viking Fields in the other direction - all perfect for dog walking too!
Matt & Sanjay's Comments....
This is such a "no-brainer" buy for any first time buyer - being Share of Freehold you have a lot more freedom if you want to have a pet and the ground rent is "a peppercorn" and the service charges are relatively low for similar properties locally.
The flat feels spacious with plenty of storage and the garden is such a great selling point!
The proximity to town is ideal as it's far enough out that the road is really quiet but close enough to be walking distance to the station and the shops in between for all the day to day essentials *NB In accordance with the Estate Agency Act of 1979 we advise that one of the sellers is an employee of Avocado Property*
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 Godwin Close, Wokingham, Berkshire
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