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Lower Way, Thatcham

South East

£340,000
Listed on 15/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1085 sqft

Description

This three-bedroom property offers significant renovation potential and a solid foundation for investment. The entrance is marked by a UPVC door leading into a welcoming hallway, setting the stage for the home's layout. The sitting room, featuring sealed double-glazed windows and a charming bay, provides an inviting space that could benefit from modern updates while retaining its original character. A fireplace with a carved wood surround adds unique appeal, although it may need enhancement to meet current standards. Adjacent is the dining room, which boasts an open fireplace and built-in storage cupboards. With natural light streaming through double-glazed windows at the rear, this area presents an excellent opportunity for transformation into an open-plan living space that enhances connectivity with the kitchen. The kitchen itself contains white laminate-faced units and basic appliances, offering a functional yet dated setup that could greatly benefit from contemporary design choices. Access to the rear lobby brings in additional light and connects seamlessly to both the garden and bathroom facilities. Upstairs, three bedrooms vary in size but all come with ample natural light thanks to their double-glazed windows. The main bedroom features a bay window as well as built-in storage, presenting an ideal canvas for future enhancements. The second and third bedrooms also offer good potential for personalization or expansion. A cloakroom completes the upper floor, while outside, the fully enclosed garden boasts maturing fruit trees—an attractive feature that could be revitalized through landscaping efforts. The front of the property includes off-road parking suitable for several vehicles alongside access to an attached garage. The garage itself offers practical utility with power points and lighting installed, enhancing its appeal as either storage or workspace. Situated in a desirable location, this property not only provides comfortable living spaces but also numerous opportunities for improvement and value appreciation within the local market. Whether you're looking to create your dream home or seeking a promising investment project, this property merits consideration.

Investment Analysis

(RG19 area)

Below Market Value

This property is priced -21.3% below area average per sq ft

-21.3%
Potential saving
This Property
£313/sq ft
Area Average
£398/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£475,490
10% above area average per sq ft
Potential ROI
+25.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RG19)

Area prices are rising by +7.9% over the last 12 months
3 year growth: 4.9%
5 year growth: 15.9%
Investment Disclaimer: Analysis based on RG19 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

Lower Way, Thatcham
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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
£1,246
Based on a loan of £255,000 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