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Grove Close, Wokingham, Berkshire, RG40

South East

£795,000

Listed on 13/07/2026

Property details

Bedrooms
4
Type
Semi Detached
Area
1636 sqft

Description

Situated at the end of a charming cul-de-sac in Wokingham, this striking semi-detached family home presents a unique investment opportunity on an impressive plot of just under a third of an acre. With its scenic tree-lined surroundings, this property offers significant potential for renovation and extension (subject to planning permissions), making it ideal for buyers looking to create a personalized living space that evolves with their family's needs. The home features a substantial driveway capable of accommodating up to seven vehicles, alongside an expansive and private garden perfect for a variety of outdoor activities or potential expansion. Upon entering, you are greeted by a spacious hallway that leads to generously proportioned reception areas, including a bright dining room and a large living room with access to an additional room currently utilized as a playroom. This versatile area could easily be transformed into a one-bedroom annexe given its separate side access and adjoining bathroom. The first floor comprises two sizeable double bedrooms complete with ensuite facilities, in addition to another double bedroom and a cleverly designed fourth bedroom featuring loft access to an excellent hidden space suitable for multiple uses such as an office or games room. Outside, the extensive gardens complement the home beautifully and provide ample scope for entertaining or further development. Two substantial outbuildings add even more value to the property, offering possibilities ranging from storage to workshop or gym space. This combination of privacy, spaciousness, and potential makes it increasingly rare in today's market. This property is suited for immediate enjoyment or as a long-term project where you can gradually implement your vision for enhancement over time.

Investment analysis

(RG40 area)

Above Market Value

This property is priced +4.5% above area average per sq ft

+4.5%
This Property
£486/sq ft
Area Average
£465/sq ft
Avg Rent (weekly)
£375
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £80,000
Target Value
£836,544
10% above area average per sq ft
Potential ROI
-4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (RG40)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +1.1%
5 year growth: +10.5%
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

Grove Close, Wokingham, Berkshire, RG40
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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
£3,003
Based on a loan of £596,250 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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