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Foxcote, Finchampstead, Wokingham, Berkshire, RG40 - Image 1
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Foxcote, Finchampstead, Wokingham, Berkshire, RG40

South East

£525,000
Listed on 25/07/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1335 sqft

Description

This three-bedroom detached chalet bungalow presents an excellent opportunity for renovation in a sought-after location. The property is being offered with no onward chain, allowing for a smooth transition for potential buyers. Upon entering, a spacious porch provides a practical area to store shoes and coats before entering the main living spaces. The ground floor features a generous living room that opens into a conservatory, creating potential for light-filled areas that could be transformed with modern updates. A versatile room on the same level can serve as either a bedroom or an office, complemented by a separate kitchen and cloakroom. Upstairs, the layout includes a sizable master bedroom equipped with its own shower cubicle, alongside two additional bedrooms and a family bathroom. This configuration offers flexibility for families or individuals looking to customize their space. The exterior of the property boasts a well-maintained front garden and driveway parking accommodating up to two vehicles, along with access to a single garage. The rear garden mirrors the charm of the front yard and provides an inviting backdrop for outdoor activities during warmer months. While the home has been well cared for over the years, it does require some modernization to align with contemporary living preferences. This presents an ideal canvas for those looking to invest in a property where they can add personal touches and improvements. Located in Finchampstead, this bungalow benefits from proximity to local amenities including shops, pharmacies, schools, and medical facilities—all within walking distance. Additionally, residents can enjoy nearby natural walks at California Country Park and the FBC Centre, making it perfect for both leisure and community engagement. For commuters, Wokingham town centre and train station are just a short drive away, ensuring easy access to London. Overall, this property offers great renovation potential in an attractive area that is conducive to family life or retirement.

Investment Analysis

(RG40 area)

Below Market Value

This property is priced -15.9% below area average per sq ft

-15.9%
Potential saving
This Property
£393/sq ft
Area Average
£467/sq ft
Avg Rent (weekly)
£416
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£686,450
10% above area average per sq ft
Potential ROI
+20.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (RG40)

Area prices are rising by +7.6% over the last 12 months
3 year growth: 5.2%
5 year growth: 14.0%
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

Foxcote, Finchampstead, Wokingham, Berkshire, RG40
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,923
Based on a loan of £393,750 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.

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