1-bedroom flat · RG5 4JE
Listing removedListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Grapevine Estate Agents take pleasure in bringing to the market a beautifully presented top floor apartment, originally constructed by T A Fisher Homes and forming part of the well regarded Woodfield Court development.
Positioned on the uppermost level of the building, the property enjoys a bright southerly aspect and is offered to the market with no onward chain, making it an ideal purchase for first time buyers, downsizers or investors alike.
For sale with the added bonus of no onward chain. The accommodation is both stylish and well proportioned, with the heart of the home being the impressive open plan kitchen, living and dining room.
This generous space is flooded with natural light via French doors opening to a Juliet balcony, creating a lovely sense of space and light.
The kitchen is finished to a high specification with a comprehensive range of integrated appliances along with ample worktop and storage space, ideal for both everyday living and entertaining.
The double bedroom is particularly spacious, featuring built in wardrobes and enjoying a calm, airy feel.
A modern bathroom completes the internal accommodation and is fitted with a contemporary white suite and quality tiling.
Further benefits include excellent built in storage throughout the apartment, allocated parking alongside additional visitors’ parking and well maintained communal areas.
The apartment measures approximately 673 sq ft and has been thoughtfully designed to maximise both space and functionality, with the top floor position providing added privacy and an enhanced sense of outlook.
Woodfield Court is ideally located within the thriving town of Woodley, a popular residential area known for its strong community feel and excellent local amenities.
Woodley shopping centre is within a short walk and offers a wide range of shops, cafes and everyday services, while the town also benefits from leisure facilities, green spaces and well regarded schools.
Transport links are particularly convenient, with easy access to the A329(M) providing direct routes to the M4 and wider Thames Valley, along with regular bus services to Reading town centre and mainline railway station.
The property is held on a long lease with approximately 135 years remaining. The annual service and estate charge is £2,200, with an annual ground rent of £150, subject to review every 25 years.
This high specification top floor apartment represents a superb opportunity to acquire a turnkey home in one of Woodley’s most sought after modern developments.
EPC rating C Agents Note: In accordance with the Money Laundering Regulations mandated by the government in 2019, it is obligatory for us to verify the identity of all potential buyers.
We engage the assistance of a third-party entity, Lifetime Legal, who will reach out to you directly at a mutually agreed upon time for this purpose.
They will require the complete name, date of birth, and current residential address of all buyers.
A nominal fee of £85, inclusive of VAT, is applicable for this service (per transaction, not per individual), payable directly to Lifetime Legal.
Kindly note, we are unable to provide a memorandum of sale until the verification process is concluded
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat Flat 8, 54 Woodfield Court, Headley Road, Reading
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