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Sheridan Way, Wokingham, Berkshire, RG41

South East

£585,000
Listed on 04/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1015 sqft

Description

This inviting four-bedroom detached home is situated in the desirable Woosehill development, known for its welcoming atmosphere and scenic surroundings. Located on Sheridan Way, the property enjoys an elevated position with pleasant views of communal greenery, including a prominent oak tree that enhances the outdoor experience. The home provides a solid foundation for renovation or personal customization. The ground floor comprises an entrance hall, cloakroom/WC, and a spacious lounge that flows into the dining area, offering ample space for gatherings. The separate kitchen and attached garage add to the practicality of this layout. Upstairs features four generously sized bedrooms, suitable for accommodating a growing family, along with a main bathroom and loft access for additional storage or future expansion. The outdoor space is equally appealing, characterized by mature shrubs that create a charming garden setting while maintaining privacy. A private driveway in front of the garage adds convenience and provides internal access to storage space with power connections. For those looking to invest, this property offers considerable potential for enhancement and personalization over time. It's move-in ready yet embodies the opportunity to evolve into your ideal long-term residence. Additionally, it comes with no onward chain. Families will appreciate the property's advantageous location within catchment areas for highly regarded schools. The proximity to Wokingham town centre makes commuting easy, with convenient access to the train station and major motorway links. Nature enthusiasts can enjoy numerous walking routes that enhance the area's appeal. This combination of features makes it an attractive option for both homeowners and investors alike.

Investment Analysis

(RG41 area)

Above Market Value

This property is priced +23.6% above area average per sq ft

+23.6%
This Property
£576/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£375
Avg Yield
3.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£520,512
10% above area average per sq ft
Potential ROI
-15.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (RG41)

Area prices are rising by +7.3% over the last 12 months
3 year growth: 3.7%
5 year growth: 29.6%
Investment Disclaimer: Analysis based on RG41 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

Sheridan Way, Wokingham, Berkshire, RG41
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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
£2,143
Based on a loan of £438,750 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