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See how verdicts work2-bedroom flat · RG40 2FP
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY TEXT A stunning second floor flat with lift access, constructed in 2022 and located on the popular Elms Field Development.
It retains the balance of a long 999 year lease, a peppercorn ground rent and impressive EPC-B energy rating along with 837 sq ft of accommodation.
This light and bright flat features a stylish open plan living/dining/kitchen with panoramic views over Elms Field and a large covered balcony, gas fired central heating and double glazing.
Further features include a spacious entrance hall with fitted storage, a generous sized main bedroom with en suite shower room and fitted wardrobe, second double bedroom with fitted wardrobe which is served by a luxurious family bathroom.
There is a gated residents parking area with one allocated space. Service charge including estate charge for 2025/2026 is £2,145.98.
Elms Field is a prime town centre location, 3 minutes walk to supermarket, leisure centre & library, a 5 minute walk to train station and within excellent school catchments.
For more detailed material information please click on the various brochure links.
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 Biscoe Way, Wokingham, RG40
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