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Warren Down, Bracknell, Berkshire - Image 1
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Warren Down, Bracknell, Berkshire

South East

£100,000
Listed on 03/10/2025

Property Details

Bedrooms
N/A
Type
Flat
Area
322 sqft

Description

This vacant studio apartment presents a significant opportunity for renovation and investment. Situated in Bracknell, the property is conveniently located near the town centre, offering easy access to Bracknell station and local amenities. The studio requires modernization, allowing potential buyers or investors to tailor the space according to contemporary design preferences and lifestyle needs. With residential parking available, this adds value for both owner-occupiers and renters alike. Given the location's attractiveness and demand for rental properties, this apartment could yield an estimated monthly rent of between £800 and £900 once updated, translating to a gross yield of approximately 9.6% to 10.8% per annum based on condition. This makes it an appealing option for those looking to enter the rental market or expand their investment portfolio in a growing area.

Investment Analysis

(RG42 area)

Below Market Value

This property is priced -35.4% below area average per sq ft

-35.4%
Potential saving
This Property
£311/sq ft
Area Average
£481/sq ft
Avg Rent (weekly)
£410
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£10,000 - £25,000
10-25% of property value
Target Value
£170,352
10% above area average per sq ft
Potential ROI
+36.3%
After renovation
Monthly Sales
19
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (RG42)

Area prices are falling by +5.6% over the last 12 months
3 year growth: -9.0%
5 year growth: 7.2%
Investment Disclaimer: Analysis based on RG42 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Warren Down, Bracknell, Berkshire
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