The three fleets of 769s subtly different. The TfW batch of eight (should be nine) are purely DEMUs, don't have pantographs and weren't delivered with the electrical collection devices operational.
The Northern 769s operate from 25kV OLE and their MAN diesels.
The GWR 769s should collect 750V DC via shoes, and 25kV from the OLE where obtainable, as well as their diesels.
This means that a lot of work would need to be done to the Northern and TfW fleets to use them from Reading including cabs, air cooling and connectional equipment, probably ASDO and making the DC gear operational - including relocating the shoe beams to the inner bogies - per the 769/9s.
AIUI the TfW fleet are planned to stand down in May 2023 when the Stadlers and CAFs replace them, but have no idea if Northern have a stand down plan for their 769s in the coming years. If so, I presume it would return to straight diesels
I think I've guessed the GWR stand-down plan.
3tph between Reading and Gatwick is now a mirage, while expansion plans further west are stalled (at best). Meanwhile, the local bit of ASLEF has been diligent in pointing out that the idea of asking drivers to return to 90s working conditions isn't a great sell and have been holding their ground.
If I see a 769 in passenger service at my local North Downs Line station I won't eat my hat, but I would be very, very surprised.
The key question for the North Down Line is, what comes next? The 165s will die eventually.
More likely, as 165s approach the end of their natural life in a few years time, panic will ensue, but only after the DfT, under pressure from the Treasury, will have royally cocked up what to do, yet again.