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The Ridges, Finchampstead, RG40

South East

£1,200,000
Listed on 05/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2876 sqft

Description

This property presents a unique opportunity for renovation or redevelopment, situated in a desirable area known as The Ridges. With its characterful design and unlisted status, it allows for flexibility in updating or expanding the existing structure to suit modern living needs. On the ground floor, you will find a welcoming reception hall that leads to an array of spacious rooms, including a study, drawing room, dining room, kitchen, and a notably large living room. This layout provides a solid foundation for creating an open-concept space or enhancing individual areas to maximize functionality and comfort. The first floor is dedicated to five bedrooms, with the main suite featuring an en-suite bathroom. Additional amenities include both a family bathroom and a separate shower room accessible from the landing, making this space adaptable to family or guest needs. Set on over an acre of land, the property is approached via a long driveway with gated access, adding to its privacy and exclusivity. The available outdoor space combines gardens with natural slopes that could be reimagined into beautifully landscaped areas or recreational facilities. A double garage provides ample storage and parking options. Located just five miles from Wokingham—a charming market town—this property enjoys proximity to excellent educational institutions such as Wellington College (approximately one mile away), along with Holme Grange, Luckley House, Yateley Manor, and St Neots. The accessibility offered by nearby Heathrow Airport (35 miles) and Farnborough Airport (11 miles), along with private aviation options at Blackbushe Airport (around 6 miles), enhances its appeal for those who may travel frequently. With considerable potential for transformation in a highly sought-after location, this property is ideal for those looking to invest in a residential project that balances rural charm with convenient access to urban amenities.

Investment Analysis

(RG40 area)

Below Market Value

This property is priced -10.7% below area average per sq ft

-10.7%
Potential saving
This Property
£417/sq ft
Area Average
£467/sq ft
Avg Rent (weekly)
£416
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,478,825
10% above area average per sq ft
Potential ROI
+12.0%
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, Finchampstead, 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
£4,396
Based on a loan of £900,000 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