2-bedroom flat · RG40 5PJ
For saleReduced £15k (−5.3%) on 21 JunListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented two bedroom, two bathroom second floor apartment is located within the popular Montague Park development and offers modern, low-maintenance living.
The property features a spacious open plan living/dining room, seamlessly connected to a contemporary kitchen, creating an ideal space for both relaxing and entertaining.
There are two well proportioned bedrooms, including a generous principal bedroom with en suite shower room, alongside a separate modern bathroom.
The apartment is finished to a good standard throughout and benefits from plenty of natural light.
The property benefits from both an underground parking space and an additional allocated parking space externally, offering excellent convenience for residents and visitors.
The development is well maintained, with communal areas and surroundings kept to a high standard.
Montague Park is a highly sought-after development on the outskirts of Wokingham, offering excellent access to local amenities, schools and green spaces.
Wokingham town centre is within easy reach, providing a range of shops, restaurants and leisure facilities, along with a mainline railway station.
The A329(M) and M4 are also easily accessible, making this an ideal location for commuters.
Council Tax Band: D Local Authority: Wokingham Borough Council Energy Performance Rating: C Leasehold information Term: 999 yrs from 1st January 2021 Years remaining: 994 Annual Service charge: C.£3,166.98 nb: This is information you will need to verify through your solicitor, as part of the conveyancing process.
Value & comps
No previous sales on record.
Returns
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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 29 Keephatch House, Montague Close, Wokingham
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