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Forest Road, Wokingham, RG40

South East

£675,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

This detached property exudes character and is complemented by an impressive 400ft rear garden, set in a semi-rural area with picturesque views over farmland, conveniently located between Binfield and Wokingham. While the home is presented in good condition, it offers potential for modernization to enhance functionality and aesthetics. Additionally, there's scope for extension, subject to obtaining necessary planning permissions. Key features include a spacious entrance hall leading to various rooms, including a large living room with an open fire and period fireplace that adds charm. The kitchen/breakfast room has ample space for key appliances, and the bedrooms are well-sized with plenty of natural light. There are also unique bathroom features like claw foot baths that could be updated for improved comfort. This property presents a valuable investment opportunity in a desirable location.

Investment Analysis

(RG40 area)
Area Average
£468/sq ft
Avg Rent (weekly)
£381
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (RG40)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +4.2%
5 year growth: +11.0%
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

Forest Road, Wokingham, RG40
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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
£2,391
Based on a loan of £506,250 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.

Stamp Duty Calculator

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