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See how verdicts work2-bedroom flat · RG40 1EE
Listing removedListed 382 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with vacant possession, an immaculately presented ground floor apartment in this landmark town centre purpose built development just under half a mile walk to the Wokingham Market Place and similarly to the rail station with access to London Waterloo.
The spacious accommodation which amounts to 846 sq ft comprises: communal hallway with secure entry phone system plus stairs and lift serving all floors, private front door to spacious entrance hall, large living/dining room, fitted kitchen with appliances, generous sized main bedroom with built in wardrobes and ensuite shower room, second double bedroom with fitted wardrobes and a family bathroom.
The apartment comes with one allocated parking space plus visitor spaces, a well tended communal garden at the rear, and separate bin and cycle storage.
There is uPVC double glazing with electric underfloor heating and an EPC rating of C. Lease details – 125 years from December 1st 2009, ground rent of £350p.a.
for the first 33 years rising to £750 for the next 33 years and £1,500 for the remainder of the term. Service charge for January 1st – December 31st 2025 of £1,543.80.
For more detailed material property information please click on the various brochure links. Mobile Signal EE, Vodafone, O2 and 3 are available Construction Type Cavity Wall
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 Rectory Road, Wokingham, RG40
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