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Old Wokingham Road, Wokingham, RG40

South East

£1,365,000

Listed on 28/04/2026

Property Details

Bedrooms
5
Type
House
Area
3196 sqft

Description

This expansive Victorian residence offers a unique opportunity for those looking to create their dream home while preserving its historical charm. Nestled behind secure electric gates on a generous 0.75-acre plot, the property boasts significant living space across approximately 2851 sq ft. With five spacious bedrooms and multiple reception areas, this home is already versatile but holds even greater potential for enhancement and personalisation. The existing layout suits a variety of family dynamics, providing ample room for daily activities and accommodating guests or extended family members comfortably. The detached double garage and garden studio present excellent options for conversion into an annexe or bespoke workspace, allowing you to tailor the property to your specific needs. As well as extending the living space, there is potential to create more outdoor facilities such as a gym or leisure building, subject to necessary consents. The established gardens offer serene surroundings with various areas for relaxation and play, making this an idyllic setting for families of all ages. While the interior has been modernised to some extent, retaining many charming Victorian features such as high ceilings and fireplaces, there remains scope for further updates to align with contemporary tastes. Additionally, the convenient location provides easy access to local amenities in Crowthorne and Wokingham, as well as reputable schools and transport links — enhancing its appeal not just as a family home but also as a long-term investment with significant upside potential.

Investment Analysis

(RG40 area)

Below Market Value

This property is priced -9.0% below area average per sq ft

-9.0%
Potential saving
This Property
£427/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£389
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,650,574
10% above area average per sq ft
Potential ROI
+8.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (RG40)

Area prices are rising by +3.4% over the last 12 months
3 year growth: +4.5%
5 year growth: +11.4%
Investment Disclaimer: Analysis based on RG40 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Old Wokingham Road, Wokingham, RG40
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£4,870
Based on a loan of £1,023,750 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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