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Gore End, Newbury, Hampshire, RG20

South East

£550,000

Listed on 23/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1482 sqft

Description

This property presents a rare opportunity for investors or homebuyers looking to capitalize on its significant potential. Set within a peaceful village, the site features a two-bedroom detached bungalow, covering around 1,500 sq ft, and is perfectly positioned on an expansive plot ripe for development (subject to planning permission). Inside, the bungalow offers a spacious layout with a dual-aspect living room that flows seamlessly into a large conservatory, creating a bright and airy atmosphere. The two well-proportioned double bedrooms and functional kitchen provide ample space for renovation. This property can be transformed into an open-plan modern dwelling or even extended upwards to enhance its living space dramatically. Outside, the grounds are equally impressive, featuring a lush rear garden complemented by mature trees and hedges that ensure privacy. A detached outbuilding containing both a garage and additional storage opens up possibilities for conversion into creative workspaces or leisure areas. This unique offering not only promises peace and tranquility but also represents an exceptional canvas for those eager to invest in their vision while enjoying the benefits of rural village life.

Investment Analysis

(RG20 area)

Below Market Value

This property is priced -12.7% below area average per sq ft

-12.7%
Potential saving
This Property
£371/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£420
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£693,324
10% above area average per sq ft
Potential ROI
+8.3%
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

Gore End, Newbury, Hampshire, 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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