2-bedroom flat · RG40 5BF
For saleListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two bedroom apartment, ideally situated in a sought after area of Wokingham This bright and spacious home features an open plan kitchen, living and dining area with access to a private balcony.
There are two well-proportioned bedrooms, a contemporary bathroom and ample built-in storage.
Additional benefits include an allocated parking space, a secure entry system and excellent access to local amenities, transport links and green open spaces.
Conveniently located close to Wokingham town centre, the property is within easy reach of a variety of shops, cafés, restaurants and leisure facilities.
Wokingham railway station offers regular services to Reading, London Waterloo and Gatwick Airport, while the nearby A329(M) and M4 provide excellent road connections for commuters.
This property is also available at a 40% share of £124,000.
Outside, the property benefits from a private balcony accessed directly from the main living area, providing a pleasant outdoor space for relaxing or enjoying a morning coffee.
The development is well maintained throughout and offers attractive communal grounds. An allocated parking space is included, with additional visitor parking available nearby.
The apartment also benefits from secure communal entrances and well-kept communal areas, creating a welcoming environment for residents and guests alike.
Lease remaining: 120 Years Service Charge: Tbc - Reviewed: Tbc Ground Rent: Tbc - Reviewed: Tbc Council Tax Band: C Lease details, service charges, ground rent, maintenance charges (where applicable), and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.
Valuation/Market Appraisal Thinking of selling or struggling to sell? Get in contact with Bridges your experienced, local agents and book your free valuation now!
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 Flat 7, Rowan Court, 41, Lockhart Drive, Berkshire
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