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Oaklands Drive, Wokingham, Berkshire, RG41 2SB - Image 1
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Oaklands Drive, Wokingham, Berkshire, RG41 2SB

South East

£500,000
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1080 sqft

Description

This three-bedroom detached property located on a quiet street in Wokingham presents a prime opportunity for renovation and personalisation. While the home currently requires modernisation throughout, it boasts foundational elements such as a cloakroom, kitchen, dining room, and living area, along with off-street parking and a garage. The potential for enhancement is significant, not only within the interior spaces but also in the outdoor areas; the private garden offers ample room for landscaping or even extending the property, subject to obtaining necessary planning permissions. Nestled in a desirable residential neighbourhood established in the 1960s, this home is conveniently located approximately 0.75 miles from the train station with easy access to both Reading and Camberley via Barkham Road. Residents can enjoy lovely country walks around nearby Sand Martins golf course and surrounding nature. This property stands out as an attractive option for those aiming to invest in a space they can truly make their own.

Investment Analysis

(RG41 area)

Below Market Value

This property is priced -0.4% below area average per sq ft

-0.4%
Potential saving
This Property
£463/sq ft
Area Average
£465/sq ft
Avg Rent (weekly)
£352
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£552,420
10% above area average per sq ft
Potential ROI
+2.3%
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

Oaklands Drive, Wokingham, Berkshire, RG41 2SB
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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
£1,803
Based on a loan of £375,000 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.

Next Steps

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