Worst House on the Street Logo
Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40 - Image 1
Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40 - Image 2
Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40 - Image 3
Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40 - Image 4
Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40 - Image 5
Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40 - Image 6
Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40 - Image 7
Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40 - Image 8
Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40 - Image 9
Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40 - Image 10
Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40 - Image 11

Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40

South East

£600,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1335 sqft

Description

This three-bedroom bungalow presents a significant opportunity for modernization, situated on a 0.16-acre plot just a short distance from California Crossroads and being sold with no onward chain. The property's current layout is well-suited for family living but offers ample potential for reconfiguration and upgrades. A spacious dual-aspect living room featuring charming parquet flooring extends into an additional reception area, created from a previous garage conversion that serves as an ideal study or playroom. The master bedroom boasts a bay window along with integrated wardrobes, enhancing its appeal. At the rear, a semi-open kitchen and dining area equipped with generous storage options leads to a delightful garden via a stable door—a perfect canvas for outdoor entertaining or gardening enthusiasts. Completing the ground floor is a tiled family bathroom with four fixtures. Upstairs, two dormer bedrooms include a sizable double with an en-suite toilet and a cozy single room benefiting from eaves storage. Outside, the south-facing garden provides privacy and access to a powered workshop stemming from the garage conversion. A gravel driveway accommodates six vehicles comfortably, secured by an added gate. Located in Nine Mile Ride, this home enjoys proximity to excellent schools, local amenities, and California Country Park, while Wokingham town centre is only three miles away.

Investment Analysis

(RG40 area)

Below Market Value

This property is priced -3.9% below area average per sq ft

-3.9%
Potential saving
This Property
£449/sq ft
Area Average
£467/sq ft
Avg Rent (weekly)
£416
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£686,450
10% above area average per sq ft
Potential ROI
+5.6%
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

Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,198
Based on a loan of £450,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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