Located at grid reference , the site consists of unimproved meadows, marsh and reedbed. It is an important site for overwintering, migratory and breeding birds and supports many varieties of flora which are scarce in Southern England. It is located in the floodplain of the River Dun, a small tributary of the River Kennet and is bordered by the Kennet and Avon Canal. It was cited by English Nature in 1986, and also forms part of the North Wessex Downs Area of Outstanding Natural Beauty.
There are plans to construct a marina and hotel complex adjacent to the site, but the potential environmental impacts (particularly to water voles) of such a development on Freeman's Marsh have led to local opposition.
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- English Heritage's Hungerford Common project (which involves areas of Freeman's Marsh)
- Will of William Vokin's bequeathing his leasehold estate on Freeman's Marsh
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