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See how verdicts work2-bedroom flat · RG5 3DW
For saleListed 388 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WHITEKNIGHTS - NO ONWARD CHAIN - Being situated close to Woodley shopping centre and local amenities is this 75% shared ownership two bedroom first floor apartment for residents over 55 years of age (no rent payable for the remaining 25% share).
Accommodation comprises spacious reception room with balcony, fitted kitchen, two bedrooms and wet room.
Further benefits include communal areas including reception, residents' lounge, laundry, hairdressers, onsite Manager and communal courtyard garden.
Woodley shopping centre is approx half a mile away and bus services are approx 200 yards away.
Annual service/estate charge - £5235.72 Annual ground rent - N/A Frequency of ground rent review - N/A Ground rent will increase by, % - N/A
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 Alexandra Place, South Lake Crescent, Woodley, Reading, Berkshire, RG5 3DW
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