Worst House on the Street Logo
Longwater Road, Finchampstead, Wokingham, Berkshire, RG40 - Image 1
Longwater Road, Finchampstead, Wokingham, Berkshire, RG40 - Image 2
Longwater Road, Finchampstead, Wokingham, Berkshire, RG40 - Image 3
Longwater Road, Finchampstead, Wokingham, Berkshire, RG40 - Image 4
Longwater Road, Finchampstead, Wokingham, Berkshire, RG40 - Image 5
Longwater Road, Finchampstead, Wokingham, Berkshire, RG40 - Image 6
Longwater Road, Finchampstead, Wokingham, Berkshire, RG40 - Image 7
Longwater Road, Finchampstead, Wokingham, Berkshire, RG40 - Image 8
Longwater Road, Finchampstead, Wokingham, Berkshire, RG40 - Image 9
Longwater Road, Finchampstead, Wokingham, Berkshire, RG40 - Image 10
Longwater Road, Finchampstead, Wokingham, Berkshire, RG40 - Image 11

Longwater Road, Finchampstead, Wokingham, Berkshire, RG40

South East

£550,000
Listed on 05/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1650 sqft

Description

Nestled in the charming Finchampstead Village, this spacious four-bedroom semi-detached home spans over 1,650 sq ft and presents a canvas for renovation and investment. While the property has undergone recent updates, including new flooring and a brand-new roof, there remains significant potential for further enhancements or expansions, subject to local planning permissions. The location is particularly appealing, located within walking distance of a well-regarded primary school and various recreational amenities such as cricket greens, social clubs, and sports pitches. The village pub is a community favorite, and the picturesque surroundings invite outdoor activities with numerous nature reserves and scenic river walks nearby. Additionally, Moor Green Lakes Nature Reserve is just one mile from the property, providing access to beautiful wooded areas ideal for walking trails. Upon entering, you are greeted by a welcoming hallway featuring parquet flooring and an under-stairs cloakroom. To the right lies an expansive 'L' shaped living/dining room. The living area includes an electric fire and brick fireplace for cozy evenings, while the dining section boasts a built-in breakfast bar. Double doors open into a generous conservatory that offers versatility for use as an office or playroom throughout the year. The fitted kitchen is equipped with ample storage through eye-level and base units and connects back to the hallway where you'll find a sizable three-piece bathroom at the bottom of the stairs. A side passageway accessible from the kitchen leads to the rear garden while also housing a utility room and an additional shower room on the lower floor. The upper level hosts four double bedrooms, including a master with its own en-suite shower room. The two smaller bedrooms at the front overlook Burnmoor Meadow, while larger rooms at the back enjoy views of a spacious private garden. The west-facing garden extends over 100 feet and features various outdoor elements such as a brick-built barbeque area with covered decking—a perfect spot for summer gatherings. An insulated cabin with two rooms adds extra functionality to this outdoor space. Toward the back of the garden is a patio ideal for catching evening sun, along with three out-buildings: a timber shed, a large summer house/gym, and another small shed. The garden's layout provides ample opportunity to create distinct areas for relaxation or play. Finally, off-street parking is available via your own driveway at the front of the property. With its combination of space, location advantages, and renovation possibilities, this property represents not just a home but also an opportunity to invest in valuable improvements in this desirable area.

Investment Analysis

(RG40 area)

Below Market Value

This property is priced -28.7% below area average per sq ft

-28.7%
Potential saving
This Property
£333/sq ft
Area Average
£467/sq ft
Avg Rent (weekly)
£416
Avg Yield
3.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£848,422
10% above area average per sq ft
Potential ROI
+45.0%
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

Longwater Road, Finchampstead, Wokingham, Berkshire, RG40
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 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