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Priors Court Road, Hermitage, Thatcham, RG18 9TG - Image 1
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Priors Court Road, Hermitage, Thatcham, RG18 9TG

South East

£875,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1851 sqft

Description

Nestled on a secluded private drive shared with only two other homes, this detached bungalow offers significant renovation potential within its extensive grounds of over half an acre. Although the property currently requires modernization, it comes with recently approved planning permission for a first-floor extension. This presents an exciting opportunity to transform the existing layout into a spacious two-storey residence. The current configuration includes an entrance hall, lounge, snug/playroom, kitchen/dining area, utility room, master bedroom with ensuite bathroom, two additional bedrooms and a family bathroom. Notably, there is also a room on the first floor that serves as an occasional bedroom or study. Outdoors, the property features a double garage with loft space and ample off-road parking secured by five-bar gates. The private gardens are designed for leisure and entertainment and host a summerhouse and woodshed. Given the approved plans, transforming this home could yield considerable added value while enjoying the quiet village life in Hermitage, which boasts convenient amenities and scenic countryside ideal for outdoor activities.

Investment Analysis

(RG18 area)

Above Market Value

This property is priced +17.9% above area average per sq ft

+17.9%
This Property
£473/sq ft
Area Average
£401/sq ft
Avg Rent (weekly)
£377
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £120,000
Target Value
£816,272
10% above area average per sq ft
Potential ROI
-18.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (RG18)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 2.1%
5 year growth: 15.2%
Investment Disclaimer: Analysis based on RG18 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

Priors Court Road, Hermitage, Thatcham, RG18 9TG
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,205
Based on a loan of £656,250 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE