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King Street Lane, Winnersh, RG41

South East

£500,000

Listed on 21/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1130 sqft

Description

This spacious detached bungalow is set within a generous 0.12-acre plot in the desirable area of Winnersh, presenting a fantastic opportunity for renovation and potential development. With no onward chain, this property is conveniently located just a short walk from local amenities, including Sainsbury’s, and the mainline station—making it ideal for both families and commuters. The existing layout encompasses a welcoming entrance hall leading to a bright living area and a functional kitchen with ample storage space, which connects to a utility room and cloakroom. Three adaptable bedrooms offer the chance to create home office spaces or guest accommodations, served by a shower room. Additionally, the property features a detached garage and workshop that could be transformed into hobby spaces or additional storage solutions. A sizable driveway facilitates parking for multiple vehicles. The landscaped garden provides an inviting patio area suitable for social gatherings or relaxation moments, complemented by a shed for extra storage. Overall, this bungalow presents an excellent canvas for buyers looking to invest in renovations and extend their dream home while benefiting from the strong local amenities and transport connections nearby.

Investment Analysis

(RG41 area)

Below Market Value

This property is priced -5.8% below area average per sq ft

-5.8%
Potential saving
This Property
£442/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£384
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£583,837
10% above area average per sq ft
Potential ROI
+4.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (RG41)

Area prices are falling by -3.1% over the last 12 months
3 year growth: -3.2%
5 year growth: +19.0%
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

King Street Lane, Winnersh, RG41
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% 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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