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Hungerford Drive, Reading, Berkshire, RG1

South East

£650,000

Listed on 18/07/2026

Property details

Bedrooms
5
Type
Semi Detached

Description

This is a unique opportunity to acquire a substantial three-bedroom semi-detached property, complete with a fully self-contained two-bedroom annexe, set within a desirable cul-de-sac. While the main house and annexe require cosmetic updates throughout, this presents an excellent chance for buyers interested in renovating to create their ideal living space or for investors looking to capitalize on its multi-generational living potential. The main residence features a spacious living room, separate dining area, fitted kitchen, and convenient ground floor cloakroom. Upstairs, you'll find three well-sized bedrooms alongside a family bathroom and separate WC. The annexe benefits from independent access and includes its own living room, kitchen, two bedrooms, and shower room with WC—ideal for guests or as rental income potential (subject to necessary permissions). Externally, the property boasts ample driveway parking and a generous rear garden that not only ensures privacy but also offers significant expansion possibilities contingent upon planning permissions. Given its flexible layout in an attractive location near Reading's amenities and transport links, this property is truly a rare find that invites creative renovation ideas.

Investment analysis

(RG1 area)
Area Average
£402/sq ft
Avg Rent (weekly)
£329
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (RG1)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -1.1%
5 year growth: +7.8%
Investment Disclaimer: Analysis based on RG1 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

Hungerford Drive, Reading, Berkshire, RG1
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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
£2,456
Based on a loan of £487,500 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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