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Green Lane, Thatcham RG19

South East

£290,000
Listed on 04/09/2025

Property Details

Bedrooms
2
Type
Detached house
Area
710 sqft

Description

This two-bedroom property offers a prime opportunity for renovation and investment, situated in a desirable area with convenient access to local amenities. Upon entering, you're greeted by an entrance hall that provides practical access to the insulated roof space and features a linen cupboard for additional storage. The living room, generously sized at 15'7" x 18'7", is filled with natural light from sealed double-glazed windows at the front, creating a comfortable space that can be tailored to modern living preferences. The kitchen measures 7'3" x 10'0" and presents a functional layout with laminate-faced units and rolled-edge worktops. It includes essential elements such as a single drainer stainless steel sink unit with mixer tap, fitted cupboards, and spaces for appliances including a dishwasher and washing machine. With some updates, this area can become a highly efficient cooking space. Both bedrooms are of equal size, each measuring 16'7" x 9'0", offering ample room for furnishings while featuring radiators and power points for convenience. Bedroom two also has the added benefit of a wall-mounted gas boiler that supplies central heating and hot water. Both rooms have potential for reconfiguration or modernization to suit personal tastes. A conservatory connects the interior to the outdoor space, providing direct access to the sizeable garden that is mostly hard paved but includes maturing evergreens along the perimeter for enhanced privacy. This outdoor area is ripe for landscaping or could serve as an ideal canvas for future enhancements. The bathroom features a three-piece suite with a paneled bath equipped with a shower attachment, alongside practical storage under the wash hand basin. Its compact size allows for either simple updates or complete reimagining based on your vision. With off-street parking available at the front to accommodate two vehicles and side access leading between the front and rear areas, this property combines practicality with potential. The fully enclosed garden not only adds privacy but also offers ample space for further development—be it gardening or outdoor entertaining—making this property an excellent investment opportunity in today's market.

Investment Analysis

(RG19 area)

Above Market Value

This property is priced +3.5% above area average per sq ft

+3.5%
This Property
£408/sq ft
Area Average
£395/sq ft

Renovation Potential

Est. Renovation Cost
£29,000 - £72,500
10-25% of property value
Target Value
£308,300
10% above area average per sq ft
Potential ROI
-15.0%
After renovation
Monthly Sales
9
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RG19)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 4.3%
5 year growth: 14.0%
Investment Disclaimer: Analysis based on RG19 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Green Lane, Thatcham RG19
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