2-bedroom flat · RG42 4GA
Sold STCListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** NO ONWARD CHAIN *** Located in the popular area of Binfield is this large two bedroom ground floor apartment built by Bellway Homes and benefitting from a french doors opening out to a patio area and two allocated parking spaces.
The property comprises and open plan kitchen diner/lounge area with french doors leading outside.
There is a large master bedroom with an ensuite shower room, good size second bedroom separate bathroom, spacious hallway and additional storage cupboards.
The property further benefits from two allocated parking spaces and sold with no onward chain.
The property is perfectly situated close to Binfield village with easy access to local parks and amenities.
The current monthly charges payable to Home Group from 1st April 2026 are £873.38 and are broken down as follows: • Rent- £696.65 • Management charge – £7.50 • Service charge - £169.23 The above charges are reviewed annually on 1st April.
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 Ellwood Fields, Binfield, Bracknell
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