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The secret to creating wealth through property

Wokingham is currently undergoing a £100 million regeneration project, which will transform the appearance of the town. This will greatly increase demand for properties in the area over the coming years, making Wokingham a highly lucrative area for property investment.

Wokingham offers excellent road and rail links, good schools and a variety of leisure activities - making the town very attractive to families and other residents seeking a high quality of life. Wokingham train station has recently undergone a £6 million development project and offers direct links to London Waterloo.

Wokingham also offers easy access to the A329(M) and M4, which will appeal to a large population of commuters. The town is also ideally located between Bracknell and Reading. Both of which offer massive employment opportunities and house a number of business parks and industrial estates.

Wokingham is in the top five local education authorities (LEAs) in the country. Due to the standard of local schools there is also significant demand from families looking to rent large, high specification family homes.

Area Guide:

Wokingham is a traditional market town located just 39 miles west of London. It offers a high standard of living to all local residents and, as such, attracts tenants and buyers who are willing to pay for premium properties.

Wokingham is subdivided into different areas which include:

WOKINGHAM TOWN CENTRE

Wokingham Town Centre contains a plethora of shops, bars, restaurants and other commercial spaces. However, it also consists of a range of terraced houses dating back to the Victorian times as well as modern apartment blocks. This offers some commercial to residential development opportunities.

WOOSEHILL

Woosehill is the north-west area of Wokingham, adjoining Emmbrook. Primarily built in the 1980s, it consists of a wide range of family homes and bungalows. Amenities include: a supermarket, a Doctor’s Surgery and a 24 hour Veterinary Clinic. There is also a school and a community centre, making it a desirable area for families and retirees alike.

EMMBROOK

Emmbrook is situated in the north west of Wokingham. There are three schools in Emmbrook: Emmbrook Junior School, Emmbrook Infant School and The Emmbrook School. The latter is one of four main secondary schools serving Wokingham. It specialises in maths as well as computing, and attracts students along with their families from across the country.

Other local amenities in Emmbrook include several public houses, plentiful shops, a village hall and a social centre. This generates high levels of demand from family tenants as well as first time buyers, which is ideal for ‘buy to let’ and ‘flipping’ strategies respectively. Emmbrook is made up of a range of property types, predominantly built between the 1960s and 1980s.

NORREYS

Although the Norreys Estate was not built until the 1960s, it mainly contains 1940s prefabricated houses and three blocks of 1950s police houses.

DOWLESGREEN & BEANOAK

Both of these residential areas, in the east of the town, were built on farmland in the late 1960s and early 1970s. They offer a range of detached and semi-detached properties that could be utilised as HMO properties to maximise income. Local amenities in the area include several public houses and a popular parade of shops.

KEEPHATCH

The Keephatch estate in the east of the town was built in the early 1990s on the site of a Victorian Mansion called Keephatch House. However, a range of more recent homes have also been erected, which are now only 10 years old. These are an array of detached, semi-detached and terraced properties, which will appeal to a wide range of tenants and buyers.

WESTCOTT

Wescott is an area in the south-eastern side of the parish containing the Fire Station and two schools. One of which, Wescott School, was established in 1828 originally in Rose Street. It was relocated to its current location in 1906 and was categorised as a Grade II listed building in 1998. Due to the abundance of Victorian terraced and semi-detached properties, investors will be presented with a variety of strategic options – any of which could be pursued.

EASTHEATH

Eastheath is located to the south of the town centre and encompasses numerous shops as well as a sizable industrial estate. Eastheath is home to the widest mix of properties in the local area, including: flats, detached properties, semi-detached properties and also bungalows. These properties range in value reaching upwards of £800,000, illustrating the demand in the area.

Property Case Study for Investing in Wokingham

 

Neighbouring Towns Include:


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