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Barkham Road, Wokingham, Berkshire, RG41

South East

£400,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1701 sqft

Description

This four-bedroom detached house in Wokingham, Berkshire presents a significant opportunity for investors or homeowners looking to create their ideal living space. Situated on a spacious plot, the property features an entrance hallway that leads to multiple reception areas including a sitting room, kitchen, utility room, dining room, and a conservatory. The ground floor also accommodates a versatile bedroom or study and a shower room. Upstairs, there are three additional bedrooms and a bathroom ready for renovation. Outside, the property boasts a large driveway for off-road parking, as well as a generous rear garden and a detached garage that could be revitalized or repurposed. This home is in need of comprehensive refurbishment throughout; it's an appealing project for those willing to undertake substantial renovations to transform it into a desirable residence. Due to its current condition and structural concerns, this property is available for cash buyers only. It’s important to note that the layout and overall configuration allow for creative design possibilities after renovation.

Investment Analysis

(RG41 area)

Below Market Value

This property is priced -49.6% below area average per sq ft

-49.6%
Potential saving
This Property
£235/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£375
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£872,307
10% above area average per sq ft
Potential ROI
+67.8%
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

Barkham Road, 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
£1,465
Based on a loan of £300,000 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