2-bedroom flat · RG41 3JE
Sold STCListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** SOLD PRIOR TO MARKETING ** Located just off the highly regarded Chestnut Avenue, Sears are delighted to present Chestnut Court – a two bedroom ground floor apartment offered with no onward chain.
The property has been well maintained throughout.
The accommodation comprises a large open-plan living area with a modern kitchen, including a dishwasher and washer/dryer, all fitted new as part of a recent kitchen replacement.
The lounge flows into the dining space, offering flexibility to suit a variety of living arrangements, with the property benefiting from good overall positioning that gives great natural light inside.
French double doors lead out to a private patio garden area which is a unique feature for this property, enjoying a sunny aspect and complete with an outside tap, clothes dryer, and wooden storage shed.
There are two double bedrooms, each with built-in sliding door wardrobes, including a master with en-suite, along with an additional main bathroom and generous storage space within the hallway.
Externally, the property benefits from allocated parking, visitor parking, a secure, locked bike storage area and a communal bin storage area.
A Shell garage with a small Waitrose and a post office/general store is also close by.
Chestnut Court is conveniently located close to local transport links, Morrisons superstore, and Wokingham town centre. Early viewing is highly advised.
Regarding the marketing price, this is just the draft version.
Before and if we proceed to marketing, we will discuss the strategy/confirmation of the listing price we are happy and onboard to proceed with. Early viewing is highly advised.
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 Chestnut Avenue, Wokingham, RG41
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