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Finchampstead Road, Wokingham, Berkshire - Image 1
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Finchampstead Road, Wokingham, Berkshire

South East

£550,000
Listed on 19/02/2026

Property Details

Bedrooms
15
Type
Semi-detached house
Area
671 sqft

Description

This freehold mixed-use property presents a substantial investment opportunity, featuring a former surgery and commercial space alongside a separate three-bedroom bungalow. With vacant possession, the site is ideally suited for investors and developers looking to capitalize on its flexible potential in a desirable Berkshire locale. Notably, the property includes off-street parking for approximately 12 vehicles, an advantageous feature given its central position. Conveniently located near Wokingham town centre, residents will benefit from an array of retail, leisure, and essential services. The nearby Wokingham railway station provides easy access to Reading and London Waterloo, enhancing its appeal to commuters. Furthermore, the property enjoys excellent connectivity to the A329(M) and M4 motorway network, making it attractive for both residential and commercial purposes. This property not only offers immediate utility but also significant potential for future development with thoughtful renovations.

Investment Analysis

(RG40 area)

Above Market Value

This property is priced +74.6% above area average per sq ft

+74.6%
This Property
£820/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£394
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£346,427
10% above area average per sq ft
Potential ROI
-46.7%
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

Finchampstead Road, Wokingham, Berkshire
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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
£1,984
Based on a loan of £412,500 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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