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Chestnut Avenue, Wokingham, Berkshire - Image 1
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Chestnut Avenue, Wokingham, Berkshire

South East

£700,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1434 sqft

Description

Nestled on a well-known, tree-lined avenue in Wokingham, this spacious detached bungalow is set on a generous plot and offers significant versatility for customization. Currently configured as a three-bedroom residence, it features a living room, dining area, and a kitchen with views of and access to the expansive private rear garden. The property includes an en-suite w/c in the principal bedroom along with a separate family bathroom. With its central positioning on the plot, it boasts substantial lawned frontage and off-road parking suitable for several vehicles, complemented by a single garage. This property is ideally situated near Wokingham town centre and the mainline railway station and falls within the catchment area for reputable local schools. The home presents an excellent opportunity for those looking to modernize or extend—perhaps even redevelop (subject to necessary planning consents)—making it a rare find for prospective buyers seeking potential.

Investment Analysis

(RG41 area)

Above Market Value

This property is priced +5.1% above area average per sq ft

+5.1%
This Property
£488/sq ft
Area Average
£465/sq ft
Avg Rent (weekly)
£399
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£732,860
10% above area average per sq ft
Potential ROI
-3.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (RG41)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -2.9%
5 year growth: +19.2%
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

Chestnut Avenue, Wokingham, Berkshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,497
Based on a loan of £525,000 over 30 years at 3.97% 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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