3-bedroom flat · RG40 2EH
Listing removedListed 394 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain complications Located in the heart of Wokingham town centre, this spacious first floor apartment was converted a few years ago, is presented in excellent condition throughout.
Offering ample amounts of space, the accommodation comprises an open plan kitchen and living room.
The kitchen is high end and benefits from a range of base and eye level units and integral appliances. The living area is large enough for a dining table and offers a good sized living space.
There are two large double bedrooms with exposed beams and an en-suite to the master.
There is a versatile third room that would make a further double bedroom but could also be utilised as a separate reception room or office.
Completing the property is a three-piece family bathroom suite.
Situated within a stone's throw of all of Wokingham's bars, restaurants, and shops and within walking distance of Wokingham train station, the flat would benefit residential and investment buyers alike.
Further benefits of the apartment and the building include air source heat pump, an Audio Access Control Intercom system and external bike storage and bin cupboard.
The front portion of the building is Grade II Listed within the Wokingham Conservation Area.
The building has historical links to the Coach Building Industry in Wokingham and was once owned by George Lush supplying Coaches to the Royal Family.
This part of the building is thought to be 18th Century Vernacular and expresses parts of the original timber frame which can be seen today.
The building was significantly extended to the rear in the 1980s and utilised as offices until 2021.
The existing fabric has been upgraded to a very high standard, with consideration to providing energy efficiency and utilising the latest technologies.
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.
Area
Agent & docs
FAQ
About 3A,, Easthampstead Road, Wokingham
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