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Hayes Lane, Wokingham, Berkshire, RG41 - Image 1
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Hayes Lane, Wokingham, Berkshire, RG41

South East

£600,000
Listed on 23/03/2026

Property Details

Bedrooms
5
Type
Detached
Area
2586 sqft

Description

This detached residence is situated on a desirable road in Barkham, presenting a promising opportunity for development. The property comes with the advantage of no onward chain, allowing for a smoother transaction process. Set on an expansive plot of nearly 0.75 acres, it offers potential buyers the chance to create a spacious family home or for developers to consider demolishing the existing structure and pursuing new builds, pending the necessary planning approvals.

Investment Analysis

(RG41 area)

Below Market Value

This property is priced -50.1% below area average per sq ft

-50.1%
Potential saving
This Property
£232/sq ft
Area Average
£465/sq ft
Avg Rent (weekly)
£382
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Target Value
£1,322,597
10% above area average per sq ft
Potential ROI
+39.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (RG41)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -0.3%
5 year growth: +23.3%
Investment Disclaimer: Analysis based on RG41 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

Hayes Lane, Wokingham, Berkshire, RG41
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,164
Based on a loan of £450,000 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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