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The Ridges, Wokingham, RG40

South East

£1,250,000
Listed on 18/07/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2540 sqft

Description

Nestled in the peaceful surroundings of The Ridges, this four-bedroom family home provides a unique opportunity for those looking to invest or renovate in Finchampstead, Wokingham. Set on an expansive plot within five acres of mature trees, the property offers ample privacy and a natural setting that invites creativity and potential. The interior features generous living spaces that are currently designed with a traditional layout, allowing for a flexible approach to modernization and personalization. While the bathroom is in need of updating, this presents an excellent chance for new owners to apply their vision and style, transforming it into a contemporary sanctuary. The sheer size of the property provides a solid foundation for innovative renovations that can enhance both functionality and comfort. Ample parking is available with three dedicated spaces, ensuring convenience for families and visitors alike. Located close to local amenities, the property combines tranquility with accessibility—making it an ideal choice for those who desire both peace and practicality. Given its location and potential, this residence stands as an attractive investment opportunity. Even without updates, similar properties in the area indicate strong market value; however, strategic renovations could significantly increase its appeal and worth. This home provides not just living space but also an avenue to create significant equity through thoughtful improvement. For families seeking room to grow within a prestigious setting or investors looking to capitalize on renovation potential, this property represents a chance to shape your ideal living environment amidst the charm of Wokingham’s landscape.

Investment Analysis

(RG40 area)

Above Market Value

This property is priced +5.3% above area average per sq ft

+5.3%
This Property
£492/sq ft
Area Average
£467/sq ft
Avg Rent (weekly)
£416
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£1,306,055
10% above area average per sq ft
Potential ROI
+0.5%
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

The Ridges, Wokingham, 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
£4,579
Based on a loan of £937,500 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.

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