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Strathmore Drive, Charvil, Reading

South East

£1,650,000Guide Price

Listed on 05/07/2026

Property details

Bedrooms
7
Type
Plot
Area
1249 sqft

Description

This property presents a unique opportunity for residential development in Charvil, comprising two substantial detached family homes along with additional land at the rear that holds significant potential for further development, pending planning permission. With the possibility of creating approximately 2 to 4 additional dwellings (subject to design and approval), this site is positioned on a generous plot within one of Charvil's most sought-after areas. Nestled between Sonning and Twyford, Charvil offers an appealing blend of countryside charm and community spirit, complete with local amenities, scenic riverside walks, and excellent educational facilities. Families will appreciate the proximity to respected schools, including Charvil Primary School and The Piggott School, making it an attractive location for long-term residence. This offering combines immediate value from the existing homes while providing strong prospects for future growth through redevelopment. This rare chance to acquire a significant holding is ideal for investors looking for a project with substantial return on investment potential.

Investment analysis

(RG10 area)

Above Market Value

This property is priced +146.6% above area average per sq ft

+146.6%
This Property
£1,321/sq ft
Area Average
£536/sq ft
Avg Rent (weekly)
£409
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£735,998
10% above area average per sq ft
Potential ROI
-61.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (RG10)

Area prices are rising by +5.9% over the last 12 months
3 year growth: +8.1%
5 year growth: +15.2%
Investment Disclaimer: Analysis based on RG10 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

Strathmore Drive, Charvil, Reading
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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
£6,234
Based on a loan of £1,237,500 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

This calculation uses non-residential (land/commercial) tax rates.

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