Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40

South East

£225,000

Listed on 31/07/2026

Property details

Bedrooms

N/A

Type

Plot

Description

This development plot in the desirable area of Finchampstead presents a promising investment opportunity with planning permission submitted for a two or three-bedroom detached bungalow. Encompassing approximately 1200 sq ft, the proposed design allows for a spacious and private home, ideally situated close to local amenities. Interested parties can request further details regarding plans and viewings. Note that the images provided are computer-generated representations.

Investment analysis

(RG40 area)

Area Average

£465/sq ft

Avg Rent (weekly)

£375

Avg Yield

3.5%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£120,000 - £180,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

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.

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Location

Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40

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Mortgage calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£850

Based on a loan of £168,750 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

This calculation uses non-residential (land/commercial) tax rates.

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Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40

Property details

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