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Havelock Road, Wokingham, RG41 - Image 1
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Havelock Road, Wokingham, RG41 - Image 7

Havelock Road, Wokingham, RG41

South East

£340,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
639 sqft

Description

This two-bedroom Victorian cottage offers a promising opportunity for renovation in a sought-after area near Wokingham train station and the town centre. The property features an enclosed entrance porch that provides storage space, leading into a front-facing living room complete with an original open fire, surround, and mantelpiece. At the rear, there is a fitted kitchen that presents potential for modernization, allowing the creation of a dining area with direct access to the secluded patio and rear garden. On the first floor, you will find a spacious double bedroom at the front alongside another bedroom at the back, complemented by a functional family bathroom equipped with a shower and fitted vanity sink. Outside, the property boasts a private enclosed garden bordered by panel fencing and includes a patio area adjoining the house, along with a path extending throughout the garden. Additionally, there is a brick-built outbuilding accessible from a communal path behind, which could serve as valuable storage or workshop space. Havelock Road is known for its charming mix of period properties from around 1900. With amenities such as shops and restaurants just minutes away and excellent schools in proximity, this property is perfectly located. The nearby train station makes commuting straightforward while providing access to major routes like the A329(M) and M4 via London Road.

Investment Analysis

(RG41 area)

Above Market Value

This property is priced +14.1% above area average per sq ft

+14.1%
This Property
£532/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£375
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£327,692
10% above area average per sq ft
Potential ROI
-16.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Havelock Road, Wokingham, 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
£1,246
Based on a loan of £255,000 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