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Drury Lane, Mortimer, Reading, Berkshire, RG7

South East

£1,250,000
Listed on 11/03/2026

Property Details

Bedrooms
5
Type
Detached house
Area
3292 sqft

Description

This substantial family residence offers a promising opportunity for those looking to invest in a property with renovation potential. Nestled along a peaceful lane, just over a mile from Mortimer station, the home features a traditional five-bar gate and a sweeping driveway that leads to mature gardens boasting expansive views of the picturesque countryside. While the property provides ample living space with five bedrooms, including two en suites, three generous reception rooms, and a well-sized kitchen/breakfast area, it is evident that some modernisation could significantly enhance its appeal. With an EPC rating of D, improvements could also lead to better energy efficiency. The vibrant local community offers various amenities and excellent transport links to Reading, Newbury, and Basingstoke, making this an attractive investment for family living or rental opportunities.

Investment Analysis

(RG7 area)

Below Market Value

This property is priced -12.0% below area average per sq ft

-12.0%
Potential saving
This Property
£380/sq ft
Area Average
£431/sq ft
Avg Rent (weekly)
£380
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £45,000
Target Value
£1,562,367
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
29
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (RG7)

Area prices are falling by -2.5% over the last 12 months
3 year growth: 0.0%
5 year growth: +6.4%
Investment Disclaimer: Analysis based on RG7 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

Drury Lane, Mortimer, Reading, Berkshire, RG7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£4,508
Based on a loan of £937,500 over 30 years at 4.06% 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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