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Kestrel Way, Wokingham, Berkshire, RG41 3HA - Image 1
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Kestrel Way, Wokingham, Berkshire, RG41 3HA - Image 8
Kestrel Way, Wokingham, Berkshire, RG41 3HA - Image 9
Kestrel Way, Wokingham, Berkshire, RG41 3HA - Image 10
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Kestrel Way, Wokingham, Berkshire, RG41 3HA

South East

£500,000
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1094 sqft

Description

This three-bedroom detached home is situated on a spacious corner plot within the sought-after Woosehill development in Wokingham, presenting an excellent opportunity for renovation and investment. The property features an entrance hall that leads to a kitchen, dining room, living room, and a cloakroom on the ground floor. Upstairs, you will find three bedrooms complemented by a family bathroom. While the home could use modern updates and cosmetic enhancements, this gives prospective buyers the chance to tailor the space to their personal style and preferences. The generous corner position not only offers ample outdoor space but also highlights potential for future extension (subject to planning permission). The property includes off-street parking and a single garage, making it practical for families or those needing extra storage. Located in a family-friendly neighborhood, Kestrel Way benefits from proximity to various local amenities such as supermarkets, healthcare facilities, and reputable schools. The vibrant Wokingham town centre is just a short distance away, featuring a range of shops, restaurants, and cafes. Commuters will appreciate the easy access to public transport options, including the mainline railway station with services to London Waterloo and Reading. Additionally, major roadways like the A329(M), M4, and M3 are conveniently accessible. This property's combination of location advantages and renovation potential makes it an appealing prospect for both homeowners looking to customize their living space and investors seeking value in a growing market.

Investment Analysis

(RG41 area)

Below Market Value

This property is priced -2.0% below area average per sq ft

-2.0%
Potential saving
This Property
£457/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£375
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£561,025
10% above area average per sq ft
Potential ROI
+3.9%
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

Kestrel Way, Wokingham, Berkshire, RG41 3HA
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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
£1,832
Based on a loan of £375,000 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