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Reeves Way, Wokingham, Berkshire RG41 - Image 1
Reeves Way, Wokingham, Berkshire RG41 - Image 2
Reeves Way, Wokingham, Berkshire RG41 - Image 3

Reeves Way, Wokingham, Berkshire RG41

South East

£470,000
Listed on 19/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1109 sqft

Description

This three-bedroom property presents a remarkable opportunity for buyers eager to infuse their personal style into a home with considerable potential. Available on the market for the first time since its construction, this residence has been cherished by the same family for years. Upon entering, you are welcomed by a bright and spacious hallway. To your left lies a generously sized living room featuring a large bay window and newly installed carpet, offering an inviting ambiance. The kitchen diner retains its original 1970s charm and boasts ample space for dining arrangements, along with a peninsula that could benefit from modern updates such as bi-fold doors leading to the garden. Additionally, there's a versatile office/crafts room on the ground floor—perfectly suited for remote work or as a playroom. This area is independently accessible via its own entrance and includes a new wet room, enhancing its utility as guest accommodation or even an annex-style living space. The adjoining garage provides further practical access to the garden, which enjoys morning sun thanks to its east-facing orientation; the corner plot also offers attractive front and side garden spaces. Upstairs, three well-proportioned bedrooms await, with the main bedroom showcasing another bay window ideal for creating a cozy reading nook. A family bathroom is conveniently located off the hallway. Importantly, there is potential to extend above the garage (subject to planning permission) to add a fourth bedroom, making full use of the existing layout. With no onward chain, this property represents an enticing blank canvas for those looking to invest in their future living space.

Investment Analysis

(RG41 area)

Below Market Value

This property is priced -8.9% below area average per sq ft

-8.9%
Potential saving
This Property
£424/sq ft
Area Average
£465/sq ft
Avg Rent (weekly)
£396
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£567,497
10% above area average per sq ft
Potential ROI
+7.1%
After renovation
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
17%
Properties sold annually

Local Market Trend (RG41)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -3.1%
5 year growth: +21.2%
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

Reeves Way, Wokingham, Berkshire RG41
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,665
Based on a loan of £352,500 over 30 years at 3.91% 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

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