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Westland Chase, West Winch

East of England

£275,000
Listed on 29/03/2025

Property Details

Bedrooms
2
Type
Detached house
Area
909 sqft

Description

This two-bedroom detached bungalow, situated on a generous corner plot in West Winch, presents an intriguing opportunity for renovation and investment. Nestled at the end of a cul-de-sac, the property offers multiple possibilities for expansion or redevelopment, subject to the necessary planning permissions. The current layout includes a spacious 22-foot living room that benefits from ample natural light, two comfortable double bedrooms, a kitchen, a bathroom, and two conservatories. While some cosmetic updates would enhance the interior's appeal, the home serves as a solid foundation for creating a cozy residence tailored to your taste. The expansive garden, which covers just over one-third of an acre (subject to measured survey), is an open canvas that invites creativity. It currently features a tranquil pond, several storage sheds, and a detached garage. With potential plans discussed with the borough council regarding subdividing the plot and building an additional bungalow, there is considerable scope for maximizing the land's value. Both existing and new properties could benefit from their own off-road parking while still maintaining good-sized private gardens. For those looking primarily for a home rather than investment opportunities, this property provides abundant outdoor space suitable for personal landscaping projects or family activities. The surrounding area enhances its attractiveness with local amenities and community resources within easy reach. In summary, whether you're seeking to develop further or desire a peaceful place to call home with significant outdoor potential, this bungalow offers both charm and versatility in one of West Winch’s more secluded settings.

Investment Analysis

(PE33 area)

Above Market Value

This property is priced +13.1% above area average per sq ft

+13.1%
This Property
£303/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£267,473
10% above area average per sq ft
Potential ROI
-9.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PE33)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -6.5%
5 year growth: 14.1%
Investment Disclaimer: Analysis based on PE33 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

Westland Chase, West Winch
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,007
Based on a loan of £206,250 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE