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Benning Way, Wokingham, Berkshire RG40 1XX - Image 1
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Benning Way, Wokingham, Berkshire RG40 1XX - Image 3
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Benning Way, Wokingham, Berkshire RG40 1XX - Image 8
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Benning Way, Wokingham, Berkshire RG40 1XX - Image 10
Benning Way, Wokingham, Berkshire RG40 1XX - Image 11

Benning Way, Wokingham, Berkshire RG40 1XX

South East

£569,950
Listed on 19/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1293 sqft

Description

This four-bedroom detached residence is set on a spacious plot in a sought-after area of Wokingham, presenting a commendable opportunity for renovation and potential enhancement. The property features a welcoming arrangement across two levels, including a sizable living room, dining area, and kitchen that connects to a conservatory—ideal for additional family gatherings or relaxation. The upper floor comprises four bedrooms alongside a shared family bathroom, providing ample accommodation for family needs. The well-maintained exterior reveals mature gardens that not only offer privacy but also flexibility for landscaping or expansion projects, pending the necessary planning approvals. A driveway provides convenient parking access leading to a single garage, complemented by additional storage sheds within the garden space. The outdoor area is designed for enjoyment and serves as an appealing backdrop for entertainment. Strategically positioned near Wokingham town centre, residents benefit from local shops, dining options, and recreational facilities. Transport connections via Wokingham mainline station ensure easy access to major cities like Reading and London Waterloo, while the nearby A329(M) and M4 facilitate smooth commuting. The presence of reputable schools and green spaces further enhances the locality's desirability.

Investment Analysis

(RG40 area)

Below Market Value

This property is priced -6.1% below area average per sq ft

-6.1%
Potential saving
This Property
£441/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£394
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£667,557
10% above area average per sq ft
Potential ROI
+7.7%
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

Benning Way, Wokingham, Berkshire RG40 1XX
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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
£2,056
Based on a loan of £427,462 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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