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Patten Ash Drive, Wokingham

South East

£345,000
Listed on 14/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
977 sqft

Description

This property presents an excellent opportunity for those looking to create their ideal home. Located within walking distance of Wokingham town centre and notable local schools, it’s perfect for first-time buyers or families eager to infuse their personal style into a residence. The flexible layout offers ample possibilities for both living space and storage, making it easy to tailor the interior to your needs. The generously sized kitchen features large windows that flood the area with natural light and provides a solid base for a dining table, along with plenty of work surfaces that can be reimagined as desired. The main reception room is well-suited for family gatherings or entertaining guests, while an adjacent second reception room—accessible through an open archway—can serve multiple purposes such as a dining area, snug, or home office. A small sunroom leads directly into the rear garden, which faces south, enhancing outdoor enjoyment. The ground floor also includes a handy guest cloakroom and an under-stairs cupboard for additional storage. Upstairs, you’ll find two double bedrooms; the master is spacious enough to fit a king-size bed comfortably, and both rooms feature built-in wardrobes that could be modified or replaced according to your taste. The family bathroom is functional with its three-piece suite and shower over bath. With its prime location in Wokingham, residents benefit from immediate access to shopping, leisure options, and a variety of independent businesses. Excellent transport links via the nearby train station make commuting to London Waterloo and Reading straightforward. Popular schools such as St Crispins, The Holt, All Saints Primary, and Keep Hatch Primary are also easily reachable. This property is essentially a blank slate awaiting your renovation ideas; viewings are highly recommended!

Investment Analysis

(RG40 area)

Below Market Value

This property is priced -24.5% below area average per sq ft

-24.5%
Potential saving
This Property
£353/sq ft
Area Average
£467/sq ft
Avg Rent (weekly)
£416
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£502,369
10% above area average per sq ft
Potential ROI
+27.2%
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

Patten Ash Drive, Wokingham
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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
£1,264
Based on a loan of £258,750 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE