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Pinewood Avenue, Crowthorne, Berkshire, RG45 6RS - Image 1
Pinewood Avenue, Crowthorne, Berkshire, RG45 6RS - Image 2
Pinewood Avenue, Crowthorne, Berkshire, RG45 6RS - Image 3

Pinewood Avenue, Crowthorne, Berkshire, RG45 6RS

South East

£500,000

Listed on 03/09/2026

The listing

Property details

Bedrooms
2
Type
Detached Bungalow
Area
734 sqft

Description

This detached two-bedroom bungalow presents a rare opportunity for buyers seeking a property with significant potential for modernization and extension, subject to necessary planning permissions. With no onward chain, it is ideal for those looking to create their dream home. The location is highly desirable, offering a peaceful environment while remaining conveniently close to local amenities. The front of the property features a well-maintained enclosed garden and a private driveway for off-road parking. Access to the rear reveals a generous garden, approximately 150 feet in length, which enjoys a westerly aspect, perfect for afternoon and evening sun. This mature outdoor space offers a great deal of privacy and serves as an excellent canvas for gardening enthusiasts or future extensions. Nestled in a quiet, sought-after area, this bungalow is close to essential local shops and frequent bus services. It falls within the catchment area for well-regarded schools, including the highly sought-after Edgbarrow School. Commuters will appreciate the proximity to the A329(M), providing easy access to both the M3 and M4 motorways, as well as nearby outdoor spaces like Swinley Forest and Buckler's Forest.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

27out of 100
Grade ELow opportunity

Confidence: MEDIUM

This detached two-bedroom bungalow offers a unique opportunity for those looking to invest in a project that promises potential. While the asking price of £500,000 translates to £681/sqf — significantly above the local average of £446/sqf — it presents a canvas for modernisation and improvement. The property features dated interiors, evident in the living area and bedrooms, and an original kitchen, all of which could benefit from a refreshed design. However, the standout feature is the expansive 150' garden, perfect for further extensions or landscaping, providing a wonderful outdoor space that enhances the property's appeal.

Despite its inviting features and the benefit of no onward chain, the economics of this listing are a concern. With an estimated all-in cost of around £560,000 when factoring in the renovation range, the financials appear stretched against local benchmarks for this size. While the location is attractive and the potential for planning permission exists, the asking price remains a significant hurdle for value creation. Buyers should weigh the renovation opportunities against the higher price point carefully.

Key opportunities

  • Expansive 150' garden ideal for landscaping or future extensions
  • No onward chain, allowing for a quicker transaction
  • Opportunity to modernise and personalise dated interiors

Key risks

  • Asking price plus renovation costs stretch the budget against local average values
  • Budget around £560,000 before you finish, with refurbishment in the region of £60,000, leaving a gap of around 42% versus area norms for this sqft. Finished value after works is not modelled here.

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Map

Location

Pinewood Avenue, Crowthorne, Berkshire, RG45 6RS
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
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.

Tax

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Indicative tax based on the asking price and the options you select.

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