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McCarthy Way, Finchampstead, Wokingham, RG40 4UA

South East

£515,000
Listed on 28/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1258 sqft

Description

This three-bedroom link detached house in Finchampstead offers a solid foundation for those looking to invest or renovate. On the ground floor, you'll find a welcoming entrance hall complemented by a guest cloakroom and ample storage space under the stairs. The separate kitchen features a breakfast bar adjacent to a spacious dining area, which flows into an expansive conservatory, perfect for maximizing living space. The bright living room at the front adds to the home’s appeal. Upstairs, there are two generously sized double bedrooms alongside a cozy single bedroom and practical bathroom with shower over bath, along with useful storage options including airing cupboards. The outdoor space is notable with a large west-facing rear garden featuring a patio area, plus front and side gardens and driveway parking with a single garage. Importantly, this property comes with approved planning permission for a double storey side extension (subject to planning permissions), providing an exciting opportunity for expansion and enhancement of the living space. The absence of a chain facilitates prompt possession. Located conveniently close to Wokingham town centre and station as well as local amenities such as shops and bus routes, it is also within easy reach of reputable schools and leisure facilities like California Country Park. For commuters, access to the A329M and M4 is also straightforward.

Investment Analysis

(RG40 area)

Below Market Value

This property is priced -12.8% below area average per sq ft

-12.8%
Potential saving
This Property
£409/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£394
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£649,487
10% above area average per sq ft
Potential ROI
+17.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (RG40)

Area prices are rising by +8.9% over the last 12 months
3 year growth: 6.7%
5 year growth: 17.1%
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

McCarthy Way, Finchampstead, Wokingham, RG40 4UA
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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
£1,857
Based on a loan of £386,250 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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