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Norreys Avenue, Wokingham, Berkshire RG40 1TU - Image 1
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Norreys Avenue, Wokingham, Berkshire RG40 1TU - Image 3
Norreys Avenue, Wokingham, Berkshire RG40 1TU - Image 4
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Norreys Avenue, Wokingham, Berkshire RG40 1TU - Image 7
Norreys Avenue, Wokingham, Berkshire RG40 1TU - Image 8
Norreys Avenue, Wokingham, Berkshire RG40 1TU - Image 9
Norreys Avenue, Wokingham, Berkshire RG40 1TU - Image 10
Norreys Avenue, Wokingham, Berkshire RG40 1TU - Image 11

Norreys Avenue, Wokingham, Berkshire RG40 1TU

South East

£375,000
Listed on 05/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
982 sqft

Description

This three-bedroom house presents a prime opportunity for those looking to invest in a property with significant potential for refurbishment. Originally constructed in the 1950s, the residence features a spacious reception area, a combined kitchen and breakfast room, as well as an inviting garden room. The generous 0.19-acre garden offers ample space for outdoor enhancements or landscaping projects. Located within walking distance to Wokingham Town Centre, this home is conveniently accessible to various local amenities. The property is available with no onward chain, making it an appealing option for renovation enthusiasts.

Investment Analysis

(RG40 area)

Below Market Value

This property is priced -18.6% below area average per sq ft

-18.6%
Potential saving
This Property
£382/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
£506,992
10% above area average per sq ft
Potential ROI
+22.2%
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

Norreys Avenue, Wokingham, Berkshire RG40 1TU
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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
£1,352
Based on a loan of £281,250 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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