Worst House on the Street Logo
Mersey Way, Thatcham, RG18 3DL - Image 1
Mersey Way, Thatcham, RG18 3DL - Image 2
Mersey Way, Thatcham, RG18 3DL - Image 3
Mersey Way, Thatcham, RG18 3DL - Image 4
Mersey Way, Thatcham, RG18 3DL - Image 5
Mersey Way, Thatcham, RG18 3DL - Image 6
Mersey Way, Thatcham, RG18 3DL - Image 7
Mersey Way, Thatcham, RG18 3DL - Image 8
Mersey Way, Thatcham, RG18 3DL - Image 9
Mersey Way, Thatcham, RG18 3DL - Image 10

Mersey Way, Thatcham, RG18 3DL

South East

£367,500
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1018 sqft

Description

This three-bedroom semi-detached home is situated within the sought-after Rivers development on the northern edge of Thatcham, providing a blend of rural charm and convenient access to urban amenities. The property is conveniently close to open countryside, making it ideal for those who appreciate outdoor activities, while Tesco Metro is within easy walking distance for daily necessities. Internally, the house offers spacious living areas that present numerous possibilities for renovation. The entrance hall leads into a generous living room, and the expansive open-plan kitchen and dining area feature patio doors that open onto the garden, creating an inviting space for family gatherings or entertaining. Additionally, there is a utility room situated at the rear of the garage that adds practicality to daily living. The home includes three well-sized bedrooms and a family bathroom—each room offering opportunities for modernization or personal touches. Externally, the property boasts a southeast-facing rear garden with a private patio area perfect for outdoor relaxation. A single garage and driveway parking enhance the functionality of this home while providing additional storage options. Thatcham itself is a charming town located approximately four miles east of Newbury, characterized by its local shops, pubs, and dining establishments. It is served by reputable primary schools as well as the notable Kennet secondary school, with Trinity Secondary School in Newbury also falling within its catchment area. Residents can enjoy scenic walks through nearby nature reserves and along the picturesque towpaths of the Kennet and Avon Canal. Furthermore, Thatcham features an active community with sports clubs and facilities such as a membership swimming pool. With excellent transport links provided by a mainline train station connecting to Reading and London (Paddington), alongside easy access to major roadways including the A4, A34, and Junction 12 of the M4, this property not only serves as a comfortable family home but also holds significant renovation potential to enhance its value or tailor it to personal preferences in an appealing location.

Investment Analysis

(RG18 area)

Below Market Value

This property is priced -10.0% below area average per sq ft

-10.0%
Potential saving
This Property
£361/sq ft
Area Average
£401/sq ft
Avg Rent (weekly)
£377
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£448,928
10% above area average per sq ft
Potential ROI
+15.9%
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

Mersey Way, Thatcham, RG18 3DL
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,346
Based on a loan of £275,625 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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