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See how verdicts work1-bedroom flat · RG40 1DB
Sold STCListed 368 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fabulous one bedroom apartment, ideally positioned in the very centre of Wokingham - perfect for the shops, restaurants and local transport connections.
The apartment has stylish, modern interior and is available to buy with no onward chain. perfect for first time buyers and investors alike.
As you step into the ground floor apartment there is a welcoming entrance hall, leading to the open plan kitchen living space.
Designed to maximise the space, the living room is an open and bright space, with the kitchen offering plenty of worktop space for cooking and hosting.
The double bedroom is a generous size with fitted wardrobes and an en suite bathroom.
Further benefits include gas central heating, a guest cloakroom and allocated parking space to the rear of the building.
Wokingham town centre has everything you could want - with a wide selection of independent and chain restaurants and cafes, Waitrose, and Elms Park.
The A329M to access Reading and Bracknell is nearby, and Wokingham train station is a short walk for access to London.
A note for investors: the property is currently tenanted and would make a brilliant first time investment or portfolio addition.
We would expect to achieve a rental of £1,200pcm for this apartment, creating a gross yield of 6.4%.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Milton Road, Wokingham, Berkshire
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