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Barfield Road, Thatcham, RG18

South East

£339,995
Listed on 18/06/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
850 sqft

Description

This three-bedroom bungalow presents a significant opportunity for renovation and personal customization. The property is currently in need of modernization but offers a sturdy structure that can serve as the perfect canvas for those looking to design their ideal home. Inside, the layout boasts three generously sized bedrooms, providing ample space for family living or accommodation purposes. The sitting room features a charming bow window, allowing natural light to fill the area, while the kitchen includes a convenient side door for easy access to the outdoors. The existing shower room is functional but could benefit from updating to align with contemporary designs. The exterior of the property enhances its appeal with an enclosed rear garden, which offers potential for landscaping or outdoor relaxation. There’s also a garden store and driveway parking available, adding to the practicality of the home. Situated close to Henwick sports grounds, this location provides excellent recreational opportunities right at your doorstep. Additionally, essential local amenities such as shops, schools, and transport links are within easy reach, ensuring everyday convenience. This property does not come with onward chain complications, and with thoughtful renovations, it could evolve into a desirable residence in a sought-after area. Its investment potential is clear; with some updates and personal touches, this bungalow can transform into a comfortable haven tailored to your lifestyle needs.

Investment Analysis

(RG18 area)

Below Market Value

This property is priced -0.2% below area average per sq ft

-0.2%
Potential saving
This Property
£400/sq ft
Area Average
£401/sq ft
Avg Rent (weekly)
£377
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£374,842
10% above area average per sq ft
Potential ROI
-3.9%
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

Barfield Road, Thatcham, RG18
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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
£1,245
Based on a loan of £254,996 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