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Oaklands Drive, Wokingham

South East

£625,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1147 sqft

Description

This detached bungalow, offered with no onward chain, provides a versatile opportunity for various buyers, including downsizers and families aiming for proximity to esteemed local schools. The spacious living area features a gas fireplace and connects to a conservatory that offers views of the expansive rear garden, which sits on a generous plot of approximately 0.21 acres. This space presents considerable potential for extension or reconfiguration (pending necessary planning permissions), enabling future owners to customize the layout to suit their lifestyle needs. The exterior boasts well-established trees and shrubs along with both lawn and patio areas. At the front, a separate kitchen equipped with ample storage and work surfaces includes modern appliances such as an electric hob and dishwasher, providing pleasant views of the front garden and driveway capable of accommodating several vehicles. The main bedroom overlooks the garden and includes built-in wardrobes, while the second bedroom is a comfortable double, complemented by a good-sized single room suitable for children, guests, or even a home office setup. A three-piece shower room completes the internal layout, featuring a walk-in shower styled in contemporary neutral tones. Additionally, there's an integrated garage and a substantial storage room that could easily be converted into a workshop or home office tailored to the new owner's requirements. This property is perfect for those seeking immediate comfort while also offering significant renovation potential in an attractive location. Schedule your viewing today to explore this opportunity further.

Investment Analysis

(RG41 area)

Above Market Value

This property is priced +17.3% above area average per sq ft

+17.3%
This Property
£545/sq ft
Area Average
£465/sq ft
Avg Rent (weekly)
£399
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£586,186
10% above area average per sq ft
Potential ROI
-11.9%
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

Oaklands Drive, Wokingham
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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
£2,230
Based on a loan of £468,750 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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