1-bedroom house · RG45 6SL
Sold STCReduced £20k (−15.4%) on 21 JunListed 436 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally located in the heart of Crowthorne village, this ground floor retirement apartment offers comfort, convenience and a wonderfully quiet setting.
With an on site warden, easy access to shops and cafés, and just steps from the main entrance and community hall, it’s perfect for those seeking an easy, sociable lifestyle.
The accommodation includes an entrance hall, a bright living/dining room, kitchen, bedroom with fitted wardrobes and a bathroom.
Naturally warm in winter and cool in summer, the flat is comfortable all year round. Positioned at the rear of the development, it enjoys complete tranquillity with peaceful garden views.
Residents also benefit from attractive communal gardens and both resident and visitor parking. A calm, convenient home in a friendly and well kept community.
At the front is a block paved private residents and visitor parking area with gated access.
From your windows, you can enjoy views over a lovely, quiet secure garden which are well tended with areas of lawn, various shrub borders, a winding pathway with benches and a patio area.
Oak Lodge is a well maintained retirement development situated within a few hundred metres of the village High Street and therefore ideally placed for local shops and amenities, doctor surgery and bus routes among others.
There is a secure entry system to the development with a communal lounge and drying room on the ground floor and a lift serving the apartments in the front block with a stairlift for the first floor apartments in the rear block.
Council Tax Band: C Local Authority: Wokingham Borough Council Energy Performance Rating: D Leasehold information Term: 99 yrs from 1st January 1989 Years remaining: 63 Annual Service charge: C.£3,969.48 There is a resale fee of 1.2% plus Vat payable to the Home Group.
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
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 3 Oak Lodge, New Road, Crowthorne
Explore nearby