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Kestrel Way, Wokingham, Berkshire, RG41 3HA - Image 1
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Kestrel Way, Wokingham, Berkshire, RG41 3HA

South East

£485,000
Listed on 03/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1094 sqft

Description

This three-bedroom detached property, situated on a sizable corner plot within the sought-after Woosehill development in Wokingham, presents a significant opportunity for investment and refurbishment. The accommodation features an entrance hall, kitchen, dining room, living room, and a cloakroom on the ground floor. Upstairs, you will find three bedrooms alongside a family bathroom. While the home currently requires modernisation and redecoration throughout, it invites potential homeowners to infuse their personal style and preferences into the design. Externally, the property includes off-street parking leading to a single garage, complemented by a generous outdoor space that offers ample opportunity for future extensions or landscaping projects (subject to planning permission). Kestrel Way is conveniently located near local amenities such as supermarkets, healthcare facilities, and reputable schools. Additionally, Wokingham town centre is easily accessible, featuring diverse shopping options, dining establishments, and a mainline train station that provides regular services to London Waterloo and Reading. The area is well connected by road networks including the A329(M), M4, and M3 motorways.

Investment Analysis

(RG41 area)

Below Market Value

This property is priced -4.7% below area average per sq ft

-4.7%
Potential saving
This Property
£443/sq ft
Area Average
£465/sq ft
Avg Rent (weekly)
£396
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£559,822
10% above area average per sq ft
Potential ROI
+5.6%
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

Kestrel Way, Wokingham, Berkshire, RG41 3HA
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,718
Based on a loan of £363,750 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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