2-bedroom flat · RG40 1GS
Listing removedListed 62 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the popular Montague Park development and within easy reach of Wokingham town centre, this second floor freshly decorated apartment is offered for sale with the benefit of no onward chain.
The apartment benefits from bright and spacious accommodation throughout.
The first room you come to is the master bedroom which has ample space for furniture and comes with a three-piece en-suite with shower tray.
There is a second double bedroom, which would also make a great study and a three-piece bathroom suite which has been well-kept.
At the end of the hallway is a large, open plan living room and modern fitted kitchen. There are ample storage cupboards and fitted appliances such as fridge/freezer and dishwasher.
Externally, the property benefits from an allocated space to the rear and a Juliet balcony from the living room space.
The property is also located close to many local amenities with a Co-op and Floreat Primary School both within a stone’s throw. The property is also close to the St.
Crispin’s School and is located within easy reach of Wokingham town centre and station.
For the commuters, the A329M/M4 are both a short drive away making this apartment perfect for first time or investment buyers alike.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 118, William Heelas Way, Wokingham
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