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Pallance Road, Northwood

South East

£335,000
Listed on 28/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
925 sqft

Description

This detached bungalow offers a generous footprint with significant renovation and investment potential. Nestled within mature gardens that provide a sense of privacy, the property is conveniently situated off Pallance Road, ensuring easy access to local bus routes and nearby amenities. Constructed in the 1980s, this three-bedroom home features light-filled living spaces and includes a spacious living room equipped with sliding patio doors that lead to the garden, creating an inviting transition between indoor and outdoor areas. The kitchen presents a practical layout with glossy taupe cabinetry and space for various appliances, along with a door leading to the side of the property. The three bedrooms offer versatility for family living or rental opportunities, each featuring UPVC double glazing for added energy efficiency. The master bedroom benefits from built-in wardrobes, while the additional bedrooms are well-sized, allowing for multiple configurations depending on your needs. A notable feature is the bathroom, which is fitted with both a separate shower enclosure and a bath—an area where modern updates could enhance comfort and style. Outside, the ample garden space boasts established trees and shrubs alongside patio areas ideal for relaxation or entertaining. With two greenhouses and a shed available, there is potential for gardening enthusiasts to cultivate their own green oasis. Parking facilities are available at the front of the property via a private lane access from Pallance Road. With no onward chain, this bungalow is an exciting opportunity for buyers looking to invest in a home that can be tailored to suit modern tastes while benefitting from its desirable location. Whether seeking a personal residence or an investment property ripe for enhancement, this bungalow represents both functionality and opportunity.

Investment Analysis

(PO31 area)

Above Market Value

This property is priced +9.8% above area average per sq ft

+9.8%
This Property
£362/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£243
Avg Yield
3.2%

Renovation Potential

Est. Renovation Cost
£33,500 - £83,750
10-25% of property value
Target Value
£335,572
10% above area average per sq ft
Potential ROI
-19.9%
After renovation
Monthly Sales
9
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PO31)

Area prices are rising by +11.7% over the last 12 months
3 year growth: 15.5%
5 year growth: 32.2%
Investment Disclaimer: Analysis based on PO31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Pallance Road, Northwood
Map showing location of Pallance Road, Northwood
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