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Waterloo Road, Wokingham

South East

£775,000
Listed on 11/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2443 sqft

Description

Nestled in a serene corner at the edge of Wokingham, this chalet bungalow, known as Birch Corner, presents a rare opportunity for investors and families alike. This property boasts a large, secluded garden that offers delightful green views while still being conveniently close to the amenities of Wokingham town centre. With four to five bedrooms and three bathrooms, there is ample space for flexible living arrangements to cater to changing family dynamics. The upper floor features two generous double bedrooms with en-suite bathrooms and abundant eaves storage, making it practical for everyday life. The ground floor is designed with an inviting entrance hall leading into a spacious living area illuminated by natural light. The living room's open fireplace adds warmth and character, while its connection to a snug / study provides a multi-functional space ideal for home-working or quiet study time. For those with a vision for remodels, the kitchen/breakfast room overlooks the expansive rear garden and is well-positioned for reconfiguration into an open-plan layout—transforming it into a modern hub suitable for entertaining or family gatherings. This property's strategic location not only allows easy access to local schools but also minimizes reliance on vehicles due to proximity to shops and parks. Given its considerable square footage and plot size, Birch Corner is ripe for refurbishment, enabling new owners to craft their ideal living environment in this tranquil setting. With outdoor spaces perfect for relaxation and community amenities nearby, this home stands out as an enticing renovation project within a sought-after area.

Investment Analysis

(RG40 area)

Below Market Value

This property is priced -32.4% below area average per sq ft

-32.4%
Potential saving
This Property
£317/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£394
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,261,284
10% above area average per sq ft
Potential ROI
+45.8%
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

Waterloo 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
£2,795
Based on a loan of £581,250 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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