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Chestnut Avenue, Wokingham, Berkshire RG41 - Image 1
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Chestnut Avenue, Wokingham, Berkshire RG41 - Image 3

Chestnut Avenue, Wokingham, Berkshire RG41

South East

£675,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Flat
Area
1674 sqft

Description

Located on a prominent tree-lined road in Wokingham, this expansive detached bungalow sits on a sizable corner plot, offering versatile living spaces that can be tailored to personal preferences. Previously configured as a three-bedroom residence, the layout includes a spacious living room, dining area, home office, kitchen, and conservatory. The property features two bathrooms, one being an en suite, alongside a separate cloakroom. With its generous lawned frontage and substantial driveway capable of accommodating several vehicles, there is ample access to the private rear garden that provides plentiful outdoor space. This property is ideally situated near Wokingham town centre and mainline railway connections while being within the catchment zones of esteemed schools. It presents a noteworthy opportunity for modernization or reconfiguration (subject to necessary planning permissions), making it attractive to investors and buyers seeking potential.

Investment Analysis

(RG41 area)

Below Market Value

This property is priced -13.5% below area average per sq ft

-13.5%
Potential saving
This Property
£403/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£375
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£858,461
10% above area average per sq ft
Potential ROI
+13.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (RG41)

Area prices are rising by +7.3% over the last 12 months
3 year growth: 3.7%
5 year growth: 29.6%
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

Chestnut Avenue, Wokingham, Berkshire RG41
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,473
Based on a loan of £506,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE