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Nine Mile Ride, Finchampstead, Wokingham, Berkshire RG40 - Image 1
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Nine Mile Ride, Finchampstead, Wokingham, Berkshire RG40 - Image 3

Nine Mile Ride, Finchampstead, Wokingham, Berkshire RG40

South East

£600,000
Listed on 27/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom bungalow presents a valuable opportunity for renovation, located conveniently near the California Crossroads on a generous 0.16-acre plot and offered chain-free. The home features a practical layout ideal for family living, with a dual-aspect living room showcasing original parquet flooring that flows into an additional reception area created from a previous garage conversion—perfect for a study or playroom. The master bedroom is spacious, equipped with integrated wardrobes and a charming bay window. A semi-open plan wooden kitchen and dining space at the rear includes ample storage and has a stable door leading to the private South-facing garden, which offers great potential for landscaping or outdoor improvements. Upstairs, you'll find two dormer bedrooms; the larger one benefits from an en-suite toilet while the smaller room provides useful eaves storage. Outside, the garden is not only secluded but also features access to a powered workshop at the back of the garage conversion. The gravelled driveway accommodates multiple vehicles, secured by an additional gate. Situated in Nine Mile Ride, this property is close to excellent schools, local amenities like shops and takeaways, as well as California Country Park—all within walking distance. Wokingham town centre is conveniently just three miles away, making this bungalow an appealing investment for those looking to modernise and add value.

Investment Analysis

(RG40 area)
Area Average
£467/sq ft
Avg Rent (weekly)
£416
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (RG40)

Area prices are rising by +7.6% over the last 12 months
3 year growth: 5.2%
5 year growth: 14.0%
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.

Location

Nine Mile Ride, Finchampstead, Wokingham, Berkshire RG40
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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
£2,198
Based on a loan of £450,000 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