Summary - 46 FREDERICK PLACE RG41 2YB
2 bed 1 bath Apartment
Minutes from Wokingham station with parking and strong rental potential.
Large reception room with Juliette balcony and wood-effect flooring
A modern first-floor flat in central Wokingham, steps from the station and local shops. The apartment offers a large reception room with a Juliette balcony, an open-plan fitted kitchen and two double bedrooms across 578 sq ft (approx. 53.7 sq m). Double glazing and gas central heating keep running costs typical for a property of this age.
Practical benefits include allocated off-street parking, communal grounds and a long lease of 100 years. Service charges average £1,661.28 per annum; ground rent details are not provided and should be confirmed. Council tax is described as affordable.
This property will suit a first-time buyer seeking a compact, low-maintenance home close to transport links, or an investor prepared to refurbish. The vendor’s guidance suggests achievable rent of around £1,350pcm after updating, giving an indicative gross yield of about 7.2% (subject to costs and confirmation).
Important considerations: the building sits in an area reported with higher crime levels, and overall floor area is small. The layout is well-presented but limited in space for larger families; refurbishment may increase value and rental income but will require upfront investment.
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