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See how verdicts work1-bedroom flat · RG19 4PW
For saleListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and airy one bedroom first floor apartment, beautifully refurbished and enjoying dual aspect bay windows in the living room.
Set within the popular Ferndale Court development for the over 55s, the property offers comfortable, modern accommodation in an exceptionally convenient town centre location.
Situated just moments from Thatcham’s shops, cafés, restaurants and supermarkets, including Waitrose The development also benefits from a regular bus service right outside, providing easy access to the railway station and the nearby market towns of Newbury and Reading.
The apartment is presented in excellent condition, featuring an attractive fitted kitchen and a luxurious bath and shower room.
The double bedroom includes built in wardrobes and enjoys a south facing aspect, ensuring plenty of natural light throughout the day.
The modern kitchen is fitted with an electric oven, induction hob, and has space for a fridge/freezer and washing machine.
The generous living room comfortably accommodates both lounge and dining furniture, with its east and south facing bay windows maximising sunlight.
Positioned centrally within the development, the apartment overlooks the communal gardens and enjoys a peaceful, private setting away from traffic, yet remains close to the residents’ parking area.
The electric heating system has been upgraded with replacement panel heaters, a heated towel radiator in the bathroom, and an energy efficient hot water system providing reliable pressure and plentiful hot water.
Décor is subtly modern, carpets are in excellent condition, and each room includes a 24 hour emergency call cord for peace of mind. Lease details: Approx.
59 years remaining Service Charge 2025/26: £3,392.73 Ground Rent: £100 per annum
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
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FAQ
About 38,, Ferndale Court, Berkshire
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