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See how verdicts work2-bedroom flat · RG40 1EU
For saleListed 390 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROPERTY DETAILS Situated on the sought after Acorn Drive, this well appointed first floor apartment offers independent living exclusively for the over 55s.
Residents can easily maintain an active social life whilst enjoying peace and quiet in the well maintained communal areas.
The community centre offers 24 hour on site help and provides regular opportunities to meet and socialise with other residents as much or as little as you like.
There are also guest bedrooms that can be booked in advance for visitors as well as two laundry rooms and a large function lounge offering a library, kitchen, seating and games, organised by the staff and residents.
Built in 1987, this property has been well maintained.
All properties at Acorn Drive have double glazing throughout and benefit from electric storage heating, waist height light switches and emergency pull-cord system for personal safety and peace of mind.
As you enter the property you will first notice the spacious reception room through glass double doors with plenty of space for sofas and a dining table.
A modern kitchen is located to the side of this room and is fitted with plenty of work and storage space. Both bedrooms are fitted with built in wardrobes and enjoy plenty of natural light.
The main bedroom is also fitted with a sink in the dressing area for convenient morning and evening ablutions. Completing the property is the bathroom with spacious shower and airing cupboard.
Acorn Drive is surrounded by conservation areas, set in a quiet and peaceful location.
There are a wide range of shops and local amenities in close proximity including Waitrose supermarket and independent businesses and restaurants.
Just 0.5 miles from the mainline railway station and reliable bus service covering areas such as Reading, Camberley, Bracknell and Windsor provides a wide range of public transport.
FURTHER DETAILS Tenure - Leasehold Lease Length - Lease renewed to 99 years when new owners complete on the property Service Charge - £643.74 per quarter Council Tax Band C References to the Tenure of a Property and additional costs are based on information supplied by the Seller.
A Buyer is advised to obtain verification from their Solicitor.
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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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.
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FAQ
About Acorn Drive, Wokingham
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