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Rectory Road, Wokingham, Berkshire, RG40 - Image 1
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Rectory Road, Wokingham, Berkshire, RG40

South East

£999,999
Listed on 23/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
2004 sqft

Description

This distinctive property, located in the heart of a well-regarded area, presents a unique opportunity for those looking to invest in a home with considerable potential. Nestled behind a secure wall and surrounded by mature trees, the residence offers privacy coupled with a central location. The central positioning on its plot suggests opportunities for extension (subject to planning), allowing new owners to enhance its already versatile design. Upon entering, you're greeted by a spacious hallway that leads to a generously sized reception room measuring 20'11 x 11'11, featuring front-to-back views and access to an outdoor patio area—perfect for relaxing or entertaining. Adjacent is a formal dining room that facilitates social gatherings and family meals. The kitchen, while functional, could benefit from modernisation. Additional ground floor features include a conservatory, utility room, and cloakroom. The first floor accommodates four double bedrooms along with two ample bathrooms. The main bedroom includes multiple wardrobe spaces and a charming bay window. Each additional bedroom offers generous space and natural light thanks to dual aspects—ideal for personalization and updates. Bedroom four additionally boasts useful storage options. The garden has been cherished over the years and provides an excellent space for summer gatherings against the backdrop of local amenities including shops, dining options, and recreational facilities like Cantley Park nearby. For commuters, convenient access to the train station and major road links adds further appeal. This home is not just about living; it's about potential—transform it into your dream residence in an enviable location.

Investment Analysis

(RG40 area)

Above Market Value

This property is priced +7.0% above area average per sq ft

+7.0%
This Property
£499/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£396
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,027,912
10% above area average per sq ft
Potential ROI
-5.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (RG40)

Area prices are rising by +5.6% over the last 12 months
3 year growth: +5.7%
5 year growth: +14.0%
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

Rectory Road, Wokingham, Berkshire, RG40
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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
£3,607
Based on a loan of £749,999 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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