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Wash Water, Newbury, Berkshire, RG20

South East

£550,000

Listed on 01/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1288 sqft

Description

This detached bungalow represents a unique opportunity for savvy investors or homeowners looking to create a personalized living space. Nestled in a desirable village near Newbury, the property is being offered for sale for the first time in many years, presenting ample potential for modernization and expansion. Upon entering, you are greeted by a spacious layout that includes a generous sitting room featuring classic parquet flooring and a separate kitchen/breakfast area with views of the garden. The adaptable bedrooms can be repurposed as home offices or additional living areas as desired. While the interior requires thoughtful updating to bring it into contemporary standards, its solid structure and well-sized windows lay the groundwork for transforming this bungalow into an ideal single-storey residence tailored to your tastes. The exterior boasts an expansive plot with plenty of privacy and delightful countryside views. A private driveway leads to ample off-road parking and an attached garage, while the wrap-around gardens offer a peaceful retreat adorned with mature trees and hedgerows. There's considerable room for outdoor enjoyment, whether it's entertaining guests or cultivating landscaped gardens. Additionally, there is potential for extensions or even new outbuildings (subject to planning permissions). Located in the picturesque hamlet of Wash Water, residents can enjoy serene walks through the countryside while still having access to Newbury’s vibrant amenities just a short distance away. Shopping, dining, and direct train links to London make this location both functional and idyllic.

Investment Analysis

(RG20 area)

Above Market Value

This property is priced +0.4% above area average per sq ft

+0.4%
This Property
£427/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£420
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£602,565
10% above area average per sq ft
Potential ROI
-4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RG20)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +1.4%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on RG20 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

Wash Water, Newbury, Berkshire, RG20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,078
Based on a loan of £412,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

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