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Lakeside, Bracknell, RG42

South East

£800,000

Listed on 17/07/2026

Property details

Bedrooms
4
Type
Detached
Area
1755 sqft

Description

This substantial four-bedroom detached home, located in the desirable Lakeside area of Bracknell, offers a rare opportunity for cash buyers interested in renovation and investment. While the property boasts an enviable location near Bracknell town centre with excellent transport connections and local amenities, it features exceptional potential due to its picturesque backdrop overlooking a private lake. The generous living space encompasses approximately 1,755 sq. ft., including a dual-aspect living and dining room, a spacious kitchen/breakfast area, a family room, study, utility room, cloakroom, and a conservatory that opens to views of the garden and lake. Upstairs are four well-sized bedrooms, three with en-suite facilities and access to an inviting sun terrace from the main bedroom. However, prospective buyers should note that the property requires extensive remedial work due to structural movement in the rear extension, making it unsuitable for mortgage financing at this time. This condition presents an exciting opportunity for those looking to undertake significant renovations by either underpinning or redesigning the extension subject to necessary approvals. With seldom opportunities like this arising in Lakeside to develop a bespoke residence in such an idyllic setting, this property is poised for transformation into a remarkable family home.

Investment analysis

(RG42 area)

Below Market Value

This property is priced -5.0% below area average per sq ft

-5.0%
Potential saving
This Property
£456/sq ft
Area Average
£480/sq ft
Avg Rent (weekly)
£374
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £100,000
Target Value
£925,964
10% above area average per sq ft
Potential ROI
+2.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (RG42)

Area prices are falling by -2.6% over the last 12 months
3 year growth: -2.9%
5 year growth: +7.1%
Investment Disclaimer: Analysis based on RG42 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

Lakeside, Bracknell, RG42
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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
£3,022
Based on a loan of £600,000 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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