2-bedroom flat · RG42 4HP
Listing removedListed 89 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A newly converted and spacious, first floor apartment in the centre of Binfield village. The property is ideally located for access to all amenities and has two allocated off road parking spaces.
It is available to rent unfurnished from the 8th September Entrance Hall Doors to both bedrooms, bathroom and kitchen/living room, door to storage cupboard, entry phone, wall mounted thermostat for central heating Kitchen/Living Room 3.98m x 6.72m (13' 1" x 22' 1") UPVC windows with rear and side aspect, two radiators, gas fired boiler for central heating, stainless steel sink with mixer tap and drainer, preparation surface with drawers and cupboards under, integrated dishwasher, integrated washing machine, integrated fridge/freezer, electric hob with oven/grill under, range of eye level cupboards, laminate flooring, recessed lighting Bedroom One 3.22m x 3.58m (10' 7" x 11' 9") UPVC window with rear aspect, fitted double wardrobe, recessed lighting, radiator Bedroom Two 3.0m x 3.4m (9' 10" x 11' 2") UPVC window with side aspect, fitted double wardrobe, recessed lighting, radiator Bathroom UPVC window with rear aspect, bath with mixer tap and shower over, large wash basin with cupboard under, WC with push button flush, recessed lighting, chrome heated towel rail, extractor fan, laminate flooring Parking There are two allocated parking spaces in the car park behind the building
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
FAQ
About Lexham House, Forest Road, Binfield
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