Gorse Ride North, Finchampstead, RG40
South East
£550,000
Listed on 16/10/2026
Listed on 16/10/2026
The listing
Property details
Bedrooms
3Type
Detached BungalowArea
1120 sqftFeatures
- Garage
- Garden
- Parking
Description
Offered with no onward chain, this three-bedroom detached house has a single-level layout with a double reception room and a kitchen overlooking the garden. The reception space is described as having large windows, while the bedrooms comprise two doubles and a third room suitable for a range of uses. The kitchen leads through to the main bathroom.
A wide, level driveway provides parking for several cars and leads to a secure garage. Local shops, medical services, pharmacies, parks, walking routes and leisure facilities are within walking distance, according to the listing. The property offers scope for a buyer to update the interior to their own requirements.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
50out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This detached home has a practical, light-filled layout, with a spacious double reception room, a usable enclosed garden and a driveway leading to a garage. The older kitchen and bathroom finishes, along with tired garden areas and a weathered driveway, offer scope for a light cosmetic update while the house remains usable. The asking price is £491/sq ft, around 5.6% above the local average, so price is a constraint rather than a value highlight. With the £8,000–£20,000 renovation range, purchase plus refurbishment costs look tight against local benchmarks; the all-in figure is not a renovated value estimate.
Key opportunities
- Refresh the dated kitchen finishes, including the cabinets and patterned tiles, to modernise the heart of the home.
- Update the traditional bathroom finishes as desired; the photographs show a usable room rather than an established need for full replacement.
- Improve the tired garden presentation and address the cracked driveway while retaining the enclosed garden, patio, driveway and garage.
Key risks
- Purchase plus the estimated refurbishment costs look tight against local benchmarks, leaving limited apparent headroom.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,078
Based on a loan of £412,500 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.
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