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Wendan Road, Newbury

South East

£550,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1532 sqft

Description

This detached two-bedroom bungalow presents a unique opportunity for renovation and investment in a desirable residential area on the southern edge of Newbury. With ample space and a substantial plot, the property offers considerable potential for extension and modernization, subject to relevant planning approvals. The layout includes an entrance porch leading into a welcoming hallway. One of the standout features is the master bedroom, which includes an en-suite bathroom and a convenient walk-in wardrobe. A second double bedroom provides additional accommodation, complemented by a shower room. The flexible design also incorporates an office space that can easily adapt to changing needs, along with a comfortable sitting room and a large conservatory that invites natural light and offers views of the outdoor area. The kitchen/breakfast room includes a utility area, creating functional living spaces throughout. Outside, the enclosed rear garden is primarily laid to lawn, bordered by mature flower beds and hedges, alongside a patio area perfect for relaxation or entertaining. At the front of the property, off-road parking is available via a driveway secured by five-bar gates. Location-wise, Wendan Road benefits from its proximity to Newbury town centre and its mainline railway station, making it ideal for commuters seeking easy access to London Paddington in under an hour. This property not only serves as a comfortable home but also embodies significant investment potential given its location and possibilities for enhancement. Additionally, there is no onward chain, simplifying the acquisition process for interested buyers.

Investment Analysis

(RG14 area)

Below Market Value

This property is priced -4.1% below area average per sq ft

-4.1%
Potential saving
This Property
£359/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£288
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£631,023
10% above area average per sq ft
Potential ROI
+3.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (RG14)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 4.8%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on RG14 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

Wendan Road, Newbury
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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
£2,015
Based on a loan of £412,500 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