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Hungerford Drive, Reading, Berkshire, RG1

South East

£650,000

Listed on 18/07/2026

Property details

Bedrooms
5
Type
Semi Detached House

Description

This generously sized three-bedroom semi-detached property is located in a desirable cul-de-sac and includes a fully self-contained two-bedroom annexe, presenting a unique investment opportunity. The main residence requires cosmetic updates throughout, allowing buyers the chance to customize and enhance the living space according to their preferences. The layout features a welcoming living room, a separate dining area, and a fitted kitchen alongside essential amenities including a ground floor cloakroom. Upstairs are three spacious bedrooms complemented by a family bathroom and an additional WC. The annexe is fully independent with its own entrance, comprising two bedrooms, a living area, a fitted kitchen, and a shower room with WC—ideal for multi-generational living or as rental potential, pending necessary permissions. Outside, ample driveway parking accompanies a substantial rear garden which offers further possibilities for extension or landscaping enhancements subject to planning regulations. With its flexible accommodation options in such an attractive location near Reading’s amenities, this property holds exceptional value for families and investors alike.

Investment analysis

(RG1 area)
Area Average
£402/sq ft
Avg Rent (weekly)
£329
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (RG1)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -1.1%
5 year growth: +7.8%
Investment Disclaimer: Analysis based on RG1 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

Hungerford Drive, Reading, Berkshire, RG1
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,456
Based on a loan of £487,500 over 30 years at 4.45% 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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