1-bedroom flat · RG40 4BY
Sold STCListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Plot 577 Guide Pricing Beds: 1 bedroom apartment Size: 50 m² / 540 sq ft Full Price: £270,000 Share %: 25% Share Price: £67,500 Deposit 5%: £3,375 Monthly Mortgage: £323 Monthly SO Resi Payment: £464 Estimated Service Charge: £198 Total Monthly Cost: £985 This bright and well proportioned one bedroom home is tailored for modern living, featuring a contemporary fitted kitchen with integrated oven, hob, extractor, fridge freezer, dishwasher and washing machine that flows into a generous living/dining space.
The bedroom feels considered and comfortable, benefiting from fitted storage; the bathroom is finished to a high standard with sleek sanitaryware, quality tiling and a heated towel rail, and selected plots include an ensuite.
With double glazed windows, energy efficient heating and lighting, USB charging points in key rooms and allocated EV ready parking, the home combines everyday comfort with lower running costs.
Set within tree lined, landscaped streets close to country parks and Wokingham's amenities-plus fast rail links to Reading and London-it offers an appealing balance of countryside calm and city connectivity, with availability via Shared Ownership.
Priority will be given to customers that live or work in Wokingham. What is Shared Ownership and how does it work?
Shared Ownership lets you buy a share of a home (with a mortgage and/or savings) and pay a reduced rent on the remaining share, making your initial deposit and monthly costs more affordable than buying outright.
Over time, you can usually buy more shares-known as "staircasing"-which lowers the rent proportionally and can lead to full ownership.
Eligibility, minimum shares, staircasing rules and any service charges apply; terms vary by development and are subject to affordability and assessment.
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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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 advisors 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 Nine Mile Ride Ext, Wokingham, RG40 4BU
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