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Lamerton, Goring on Thames

South East

£750,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1216 sqft

Description

This detached bungalow presents a unique opportunity for renovation and investment in the picturesque village of Goring-on-Thames, situated within an ‘Area of Outstanding Natural Beauty’. Nestled on a private plot of approximately 0.2 acres, the property boasts established gardens and a spacious gravel driveway leading to a separate garage. The interior features a traditional layout conducive to modernization. The entrance opens into an enclosed porch that leads into a reception hall, with living spaces including a sitting room and dining room positioned at the rear, both offering lovely views of the garden. The kitchen is fully fitted and includes a convenient hatch connecting it to the dining area. There are three generously sized bedrooms equipped with built-in wardrobes, complemented by a family bathroom and a separate shower room. The outdoor space enhances the property’s appeal, featuring mature gardens with ample lawn area, raised flower beds, and a terrace perfect for outdoor seating or dining. A garden cabin currently serves as an artist’s studio but holds potential for various uses or conversion. Additionally, there is scope to extend or remodel the existing structure, subject to planning approval. Goring-on-Thames offers excellent amenities that include well-regarded local schools, shops, restaurants, and recreational options along the River Thames. It benefits from commendable transportation links; the mainline railway station provides swift access to London Paddington in under an hour. The village's charm extends beyond its beauty; it regularly hosts community events and has been recognized for its floral displays through competitions like 'Britain in Bloom.’ For those looking for investment potential in a serene yet accessible location within Oxfordshire's desirable countryside, this property represents an excellent prospect for future enhancement while enjoying immediate comfort in its current state.

Investment Analysis

(RG8 area)

Above Market Value

This property is priced +28.2% above area average per sq ft

+28.2%
This Property
£617/sq ft
Area Average
£481/sq ft
Avg Rent (weekly)
£402
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£643,452
10% above area average per sq ft
Potential ROI
-20.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (RG8)

Area prices are falling by +6.2% over the last 12 months
3 year growth: -8.6%
5 year growth: 3.5%
Investment Disclaimer: Analysis based on RG8 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

Lamerton, Goring on Thames
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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
£2,747
Based on a loan of £562,500 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