2-bedroom flat · RG40 2AB
No longer listedListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Town Centre Split-Level Apartment close to Elms Field. Traffic-free setting, this well-designed apartment enjoys green views over communal gardens.
Set over the second and third floors this home enjoys good privacy and plenty of natural light.
The main bedroom benefits from a shared balcony over-looking communal grounds, and both bedrooms have fitted wardrobes.
The kitchen is modern, with breakfast bar plenty of light from two large windows. The bathroom was re-fitted in 2025.
This is a fabulous location for the vibrant town of Wokingham, with nearby shops, restaurants and train station. The nearest bus stop is around one minute's walk away.
Off-street permit parking is available (approx £35 per year) A Few Words from Quarters "Ellison Way is one of those addresses that quietly surprises people.
From the outside you'd assume 'apartment' - but step inside and you find two proper floors of versatile living space, with all the privacy and feel of a small townhouse.
It's an easy home to picture yourself in: A sociable kitchen-diner for friends, a sunny morning on the balcony, then a five-minute stroll into Wokingham for dinner.
Set in a quiet but central setting, it's a hard combination to beat. Presented in lovely order throughout, we'd be delighted to show potential renters around.
Please get in touch with the Lettings team at Quarters Estate Agents, Wokingham for further details or to arrange a viewing." Disclosure: This property is owned by an employee of Quarters.
Council Tax Band: C (Wokingham Borough Council) Deposit: £1,615.38 Holding Deposit: £323.07
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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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 48 Ellison Way, Wokingham
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