2-bedroom flat · RG2 9GW
Listing removedListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the popular Waterman’s View development and built by Crest Nicholson is this well presented top floor apartment which overlooks the lake from both its own, South facing balcony and large floor to ceiling windows.
The property provides bright and spacious accommodation and benefits from having an open plan living/dining room/kitchen, two well-proportioned bedrooms, with an en-suite shower room to the master bedroom.
The property offers easy access to major transport links, including the M3 and M4 motorways, as well as Wokingham town centre, mainline railway station and local amenities and is likely to be of interest to a wide range of prospective purchasers and investment buyers alike.
A note for investors: we are confident in achieving £1,550pcm for the apartment, creating a potential gross yield of 5.7%
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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 Hornbeam Place, Arborfield Green, Reading
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