5 Bed Detached House, Planning Permission, Wokingham, RG40 3JU, £750,000

Finchampstead Road, Wokingham, RG40 3JU - 4 months ago

Sold STC
Planning
~178 m²
+10 photos

ValuationUndervalued

Sold Prices£490K - £2.1M
Sold Prices/m²£2.4K/m² - £21K/m²

 

 

Square Metres

~178.28 m²
Price/m²£4.2K/m²

Value Estimate

£820,430
BMV9%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£48,700

Total Cash In

£236,200

 

 

Cash Out

 

Rent Range

£1,600 - £3,750

Rent Estimate

£1,756

Running Costs/mo

£2,715

Cashflow/mo

£-959

Cashflow/yr

£-11,507

Gross Yield

3%

Local Sold Prices

38 sold prices from £490K to £2.1M, average is £882.5K. £2.4K/m² to £21K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£690K02/210.2 mi8, Summit Close, Finchampstead, Wokingham RG40 3LH5
£588K12/200.23 mi405, Finchampstead Road, Finchampstead, Wokingham, Bracknell Forest RG40 3RL5
£780K01/230.52 mi5, Briarwood, Finchampstead, Wokingham RG40 4XA5
£625K01/210.56 mi24, Fir Cottage Road, Finchampstead, Wokingham RG40 4RY5
£1.1M03/210.59 mi143, Nine Mile Ride, Finchampstead, Wokingham RG40 4HY5
£915K03/230.59 mi116, Nine Mile Ride, Finchampstead, Wokingham RG40 4JA5
£1.1M12/210.62 mi12, Booth Drive, Finchampstead, Wokingham RG40 4HL5
£1.4M08/230.66 mi11, Wildcroft Drive, Wokingham RG40 3HY5
£850K04/210.7 mi28, Church Hams, Finchampstead, Wokingham RG40 4XF5
£935K05/230.74 mi38, Wimbushes, Finchampstead, Wokingham RG40 4XG5
£1.4M06/210.75 mi339, Nine Mile Ride, Finchampstead, Wokingham RG40 3NH5
£955K06/231.08 mi22, Little Fryth, Finchampstead, Wokingham RG40 3RN5
£915K11/211.08 mi5, Little Fryth, Finchampstead, Wokingham RG40 3RN5
£840K07/231.31 mi2c, Crail Close, Wokingham RG41 2PZ5
£1.2M12/221.34 miFarm Barn, Blagrove Lane, Wokingham RG41 4AY5
£645K01/211.37 mi3, Nine Mile Ride, Finchampstead, Wokingham RG40 4QA5
£890K03/211.38 mi2, Bramley Grove, Crowthorne, Wokingham RG45 6EB5
£715K02/211.38 mi11, Bramley Grove, Crowthorne, Wokingham RG45 6EB5
£922.3K10/211.42 mi358, Barkham Road, Wokingham RG41 4DL5
£1.1M06/231.48 miHerzel House, Talisman Close, Crowthorne, Wokingham RG45 6JE5
£2.1M03/211.5 miSimonswood House, Wellingtonia Avenue, Crowthorne, Wokingham RG45 6AF5
£775K07/211.51 mi15, Thorn Close, Wokingham RG41 4SQ5
£585K01/211.51 mi6, Whitebeam Close, Wokingham RG41 4SF5
£1.1M11/201.53 mi6a, Cricket Hill, Finchampstead, Wokingham RG40 3TN5
£627.5K11/201.53 mi17, Ash Way, Wokingham RG41 4UW5
£655K08/231.56 mi17, Wellesley Drive, Crowthorne, Wokingham RG45 6AL5
£490K01/211.59 mi50, Holmes Crescent, Wokingham RG41 2SD5
£1.3M07/231.67 mi1, Ardwell Close, Crowthorne, Wokingham RG45 6BA5
£862.5K12/221.69 mi29, Almond Close, Wokingham RG41 4UU5
£807.5K04/211.71 mi60, Bearwood Road, Wokingham RG41 4SY5
£1.1M10/211.74 mi35, Ravenswood Avenue, Crowthorne, Wokingham RG45 6AX5
£1.0M10/201.74 mi11, Ravenswood Avenue, Crowthorne, Wokingham RG45 6AX5
£1.0M11/201.79 mi6, Tavistock Mews, Wokingham RG41 2AJ5
£875K08/231.85 mi18, Knowles Avenue, Crowthorne, Wokingham RG45 6DU5
£795K05/211.87 mi2, Ruskin Court, Crowthorne, Bracknell Forest RG45 6DD5
£630K02/211.91 mi28, Dorset Way, Wokingham RG41 3AL5
£1.4M03/211.96 mi23, Fairview Road, Wokingham RG40 2DN5
£775K01/211.98 mi3, Badgers Sett, Crowthorne, Wokingham RG45 6EY5

Local Rents

18 rents from £1.6K/mo to £3.8K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,50007/240.13 miChallenor Close4
£1,80007/240.14 miJerrymoor Hill, Finchampstead3
£2,75007/240.15 miFinchampstead, Wokingham4
£1,75007/240.18 miJerrymoor Hill, Finchampstead, Wokingham, RG40 4UG3
£1,65806/240.22 mi-3
£1,60007/240.25 miArnett Avenue, Finchampstead, Wokingham, Berkshire, RG403
£2,95007/240.26 miBarkham Ride, Finchampsted, RG404
£2,20007/240.28 miFoxcote, Finchampstead, Wokingham, Berkshire, RG403
£2,00007/240.39 miFinchampstead Road, Finchampstead, Wokingham, RG403
£2,55011/240.41 mi-5
£3,75007/240.41 miNine Mile Ride, Wokingham5
£3,50007/240.41 miNine Mile Ride, Wokingham5
£2,85007/240.41 miKiln Ride Extension, Finchampstead, Wokingham, RG404
£2,75012/240.41 mi-4
£2,25007/240.48 miKelsey Avenue, Finchampstead, Wokingham, Berkshire, RG404
£3,00007/240.48 miKiln Ride Extension, Finchampstead, RG404
£2,75007/240.49 miFinchampstead4
£2,39507/240.5 miWaverley Way, Finchampstead4

Local Area Statistics

Population in RG40

26,370

Population in Wokingham

54,769

Town centre distance

1.52 miles away

Nearest school

0.40 miles away

Nearest train station

1.78 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £750,000

December 25, 2024

Sold for £173,500

1997

Floor Plans

Description

  • Detached House +
  • Five Bedrooms +
  • Two Bathrooms +
  • Study +
  • Utility Room +
  • Double Garage +
  • Driveway Parking +
  • No Onward Chain +

Substantial family home in Finchampstead with further potential to improve and extend subject to planning permission.
Flexible living space with two reception rooms that can be open-plan or separate. The bright kitchen/breakfast room with great storage leads into the utility room.
A study and cloakroom complete the downstairs rooms.
Doors from both the dining room and kitchen open out onto a smart patio area leading to a large grassed garden ideal for family life.
Upstairs are four bedrooms, with an ensuite to the master. Up again you have an attic room which also has eaves storage.
A large driveway leads to a double garage.
The house is set in an enviable position for local shops, bus routes and easy access to Wokingham as well as M3 and M4 motorways.
Talk Talk advertise speeds of up to 944 Mbps for this postcode. EPC rating: D.

Agent Details

Northwood, Wokingham

0118 230 4334

Next Steps?

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