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Matthewsgreen Road, Wokingham

South East

£435,000
Listed on 03/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1044 sqft

Description

Presenting a unique opportunity to restore this charming Victorian cottage located in Emmbrook, featuring 2-3 bedrooms. This property boasts significant renovation potential, with ample opportunity to extend, including a south-facing garden that spans approximately 117 feet. The presence of driveway parking and a garage adds to its convenience. Its location allows for easy access to Cantley Park and Wokingham town centre, with local transport links just a 20-minute walk away.<br><br>The home's attractive architectural features include a gabled roof and bay window, which are not only visually appealing but also suggest the possibility of a loft conversion. There's potential to enhance the living space further by extending at the rear (subject to planning approval). Parking options can be expanded with room for two vehicles along the shared driveway and unrestricted street parking available on Matthewsgreen Road.<br><br>Internally, the layout features an interesting arrangement with a third bedroom accessible via the second; this could easily be transformed into an en-suite or reconfigured with simple partitioning. Both reception rooms are equipped with fireplaces, adding character; some may even be serviceable after renovations.<br><br>Although the property has been in the same family for nearly six decades and remains habitable, it is in need of modernisation. The kitchen and bathroom are functional but dated. The double-glazed UPVC sash windows provide some insulation, while buyers should note that remedial work is required for the chimney and roof tiles due to signs of water ingress. A thorough building survey is recommended to assess further necessary repairs.

Investment Analysis

(RG41 area)

Below Market Value

This property is priced -10.4% below area average per sq ft

-10.4%
Potential saving
This Property
£417/sq ft
Area Average
£465/sq ft
Avg Rent (weekly)
£352
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£534,006
10% above area average per sq ft
Potential ROI
+10.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (RG41)

Area prices are rising by +5.4% over the last 12 months
3 year growth: +2.1%
5 year growth: +26.9%
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

Matthewsgreen Road, Wokingham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,569
Based on a loan of £326,250 over 30 years at 4.06% 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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