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Old Wokingham Road, Wokingham, RG40

South East

£1,250,000

Listed on 03/01/2026

Property Details

Bedrooms
5
Type
House
Area
3197 sqft

Description

This extended Victorian residence is positioned behind secure electric gates, nestled within approximately 0.75 acres of lush gardens, creating an appealing blend of character and privacy. The property boasts around 2851 sq ft of living space, featuring five bedrooms and multiple reception areas, including a detached double garage and a separate garden studio. While it already serves as a spacious family home, the potential for renovation and investment is substantial. The layout supports a variety of living arrangements, making it suitable for larger families or those needing adaptable spaces for guests or live-in support. Future owners have the exciting opportunity to further develop this property; ideas for enhancement include converting the double garage into an annexe (subject to planning permission) or repurposing the garden studio into a bespoke space tailored to personal needs. The expansive grounds allow for the installation of additional structures such as a swimming pool or leisure facilities, further enhancing its value. The interior retains much of its original Victorian charm while incorporating modern extensions that create fluidity throughout the living areas. High ceilings and decorative features add warmth, complemented by contemporary design elements in key social spaces like the kitchen and family room. The inviting kitchen is designed for functionality and social interaction, with bi-fold doors leading to an outdoor terrace—ideal for entertaining or casual family gatherings. With four substantial bedrooms plus an additional flexible space that could function as a nursery, study or dressing room, this home's layout provides ample room for growing families at various life stages. The potential to transform existing spaces allows new owners to customize their experience in this well-located home between Crowthorne and Wokingham, close to schools and local amenities.

Investment Analysis

(RG40 area)

Below Market Value

This property is priced -16.4% below area average per sq ft

-16.4%
Potential saving
This Property
£391/sq ft
Area Average
£468/sq ft
Avg Rent (weekly)
£380
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,644,936
10% above area average per sq ft
Potential ROI
+20.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (RG40)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +3.2%
5 year growth: +11.4%
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

Old Wokingham Road, Wokingham, RG40
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,722
Based on a loan of £937,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-8.4% since listed
£1,250,000£115,000(-8.4%)
20/05/2026
Current price
£1,365,000Initial listing
02/01/2026

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