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Off Barkham Road

South East

£540,000

Listed on 21/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
932 sqft

Description

This detached bungalow offers a solid foundation for potential buyers, especially those looking for single-level living. The property features three bedrooms and a generously sized reception area highlighted by a bay window, creating an inviting atmosphere. The kitchen provides ample workspace, while the spacious shower room holds the possibility of being converted into a wet room—a feature that could enhance its functionality. One of the standout opportunities lies in the loft area which currently offers excellent storage but could also be transformed into additional living space with the appropriate planning permissions. Newly repainted in bright white, the interior is ready for personal touches. Outside, the south-facing rear garden is well-kept and includes access to both a storage shed and a garage equipped with an electric door. There is considerable potential to extend the property to the rear or even add a conservatory, subject to local regulations. The driveway comfortably accommodates two vehicles, adding convenience to this appealing home. Located in a tranquil neighborhood near nature reserves and Bearwood Lakes golf club, this property also benefits from nearby local amenities such as shops and easy access to bus routes connecting Wokingham and Reading town centre.

Investment analysis

(RG41 area)

Above Market Value

This property is priced +24.2% above area average per sq ft

+24.2%
This Property
£579/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£377
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£478,102
10% above area average per sq ft
Potential ROI
-17.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RG41)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -3.9%
5 year growth: +16.2%
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

Off Barkham Road
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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
£2,040
Based on a loan of £405,000 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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