Worst House on the Street Logo
Starmead Drive, Wokingham - Image 1
Starmead Drive, Wokingham - Image 2
Starmead Drive, Wokingham - Image 3
Starmead Drive, Wokingham - Image 4
Starmead Drive, Wokingham - Image 5
Starmead Drive, Wokingham - Image 6
Starmead Drive, Wokingham - Image 7
Starmead Drive, Wokingham - Image 8
Starmead Drive, Wokingham - Image 9
Starmead Drive, Wokingham - Image 10
Starmead Drive, Wokingham - Image 11

Starmead Drive, Wokingham

South East

£650,000
Listed on 04/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1704 sqft

Description

This four-bedroom detached house, set on a sizeable corner plot of approximately 0.15 acres, presents an exceptional opportunity for buyers looking to invest in a property with significant potential. Located in a desirable residential area near Wokingham town centre, this home is being sold with no onward chain, offering a clean slate for those eager to customize their living space. The ground floor features a flexible layout with three spacious reception rooms; two of these rooms boast sliding doors that open onto an expansive private garden, which includes both lawn and patio areas. The kitchen is equipped with quality Bosch appliances such as a gas hob and standing-height oven, while the cloakroom includes a utility room for added convenience. Upstairs, you'll find four generously-sized double bedrooms—three of which come with built-in wardrobes. The main suite offers an ensuite bathroom featuring both a separate bath and shower. Notably, the second bedroom provides access to large eaves storage that could be modified to further enhance the room's size if desired. A family bathroom is conveniently positioned on the landing between the bedrooms. Situated just moments from Wokingham’s amenities and train station—offering rapid transport links to London and other key destinations—this property is also close to the M3 and M4 motorways. Families will appreciate its proximity to well-regarded schools including Wescott Infants and St Crispins. For those seeking to add value through renovation or extension (subject to planning permissions), this property holds considerable promise as it awaits new owners ready to stamp their mark on it.

Investment Analysis

(RG40 area)

Below Market Value

This property is priced -18.8% below area average per sq ft

-18.8%
Potential saving
This Property
£381/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£364
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £55,000
Target Value
£880,218
10% above area average per sq ft
Potential ROI
+24.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RG40)

Area prices are rising by +8.1% over the last 12 months
3 year growth: 5.5%
5 year growth: 15.2%
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

Starmead Drive, Wokingham
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,381
Based on a loan of £487,500 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE