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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 highly desirable road in Barkham, offering outstanding potential for redevelopment. With no onward chain, it presents an excellent opportunity for buyers looking to create their ideal family home or for developers seeking to capitalize on the generous plot of approximately 0.75 acres. The existing structure can be renovated or replaced, depending on planning permissions, making this property a versatile investment option in a vibrant area.

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)
£396
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,323,308
10% above area average per sq ft
Potential ROI
+83.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (RG41)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -3.1%
5 year growth: +21.2%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,125
Based on a loan of £450,000 over 30 years at 3.91% 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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