Sears Property says ..
**AMAZING OPPORTUNITY** Sears are delighted to present to the market The Ridings. Located on one of Wokingham`s most desirable locations, this property offers a high level of potential and opportunity set on a plot of 0.41 acres.
Property Oracle says ..
This five-bedroom detached house located on Heath Ride, Finchampstead, offers a significant opportunity for buyers seeking a property with substantial potential but requiring significant renovations. The property’s location is a key selling point, situated in a desirable village with relatively good schools and transport links to Wokingham. The large plot of land is a major asset, potentially offering expansion opportunities or ample space for landscaping and outdoor activities. The internal images depict a property that needs complete modernization throughout. The kitchen, bathrooms, and interior finishes are dated. Carpets and wall coverings look worn and dated. Whilst the property seems structurally sound, it will require considerable expenditure to bring it up to modern standards. The lack of precise square footage data for comparable properties prevents a definitive price-per-square-foot comparison. However, based on the location and large plot size, the listing price of £900,000 seems reasonably competitive within the market, provided that buyers are prepared to factor in the substantial costs of a full renovation. Potential buyers should undertake a thorough survey to evaluate the extent of works required and budget accordingly.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 5
- Bathrooms
- 3
- Sqft (est)
- 2,487.54
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 1,531,250.00 £Increased by 120.57 %
- Est sale value
- 3,564,644.82 £Increased by 199.79 %
- Average area rental value
- 1,800.00 £/moIncreased by 11.32 %
- Est letting value
- 2,487.54 £/moUnchanged by 0.00 %
- Est rental Yield
- 1.41 %Decreased by 49.64 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Sears Property created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Nine Mile Ride Primary School | Academy Converter | 1.13 KM | |
| Gorse Ride Infants' School | Community School | Good | 1.60 KM |
| Finchampstead Children'S Centre | Children's Centre | 1.72 KM | |
| Gorse Ride Junior School | Community School | Requires improvement | 1.84 KM |
| Waverley Preparatory School And Nursery | Other Independent School | 2.16 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Range Road | £ 0 | 0 | 0.00 KM |
| Sandhurst Road | £ 1,550,000 | 0 | 0.00 KM |
| The Lea | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Crowthorne | 5628 | CRN | 3.11 KM |
| Wokingham | 5696 | WKM | 3.87 KM |
| Sandhurst (Berks) | 5646 | SND | 5.60 KM |
| Winnersh | 5697 | WNS | 6.91 KM |
| Winnersh Triangle | 5698 | WTI | 8.39 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Heath Ride, Finchampstead | £ 1,250,000 | BUY | 8 / 10 | 0.00 KM |
| Heath Ride, Finchampstead, Wokingham, Berkshire, RG40 | £ 1,375,000 | BUY | 8 / 10 | 0.26 KM |
| Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40 | £ 1,425,000 | BUY | 8 / 10 | 0.26 KM |
| Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40 | £ 1,395,000 | BUY | 7 / 10 | 0.27 KM |
| Nine Mile Ride, Finchampstead, Wokingham, Berkshire, RG40 | £ 650,000 | BUY | Unknown | 0.28 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| York House | £ 825,000 | 0.12 KM |
| Penhallow | £ 450,000 | 0.12 KM |
| Lauriston | £ 380,000 | 0.12 KM |
| Cherry Tree Cottage | £ 320,000 | 0.12 KM |
| Wick Vale Cottage | £ 1,075,000 | 0.17 KM |