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Ourway, North Street, SL4

South East

£700,000
Listed on 28/09/2025

Property Details

Bedrooms
2
Type
Detached house
Area
2098 sqft

Description

This two-bedroom detached bungalow sits on a spacious plot that offers significant potential for renovation and investment. The well-sized layout includes two double bedrooms, providing a comfortable living space that can be enhanced with thoughtful updates. One of the standout features of this property is the large workshop located at the rear, which presents an exciting opportunity for development. Whether you envision converting it into additional living space, a home office, or expanding your outdoor enjoyment, the possibilities are abundant. Situated in a desirable location, this bungalow benefits from easy access to local amenities and transportation links, making it attractive both for personal residency and as an investment. With some modernizing touches and creative vision, this property could transform into a highly sought-after home or rental opportunity.

Investment Analysis

(SL4 area)

Below Market Value

This property is priced -37.6% below area average per sq ft

-37.6%
Potential saving
This Property
£334/sq ft
Area Average
£535/sq ft
Avg Rent (weekly)
£533
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£1,234,673
10% above area average per sq ft
Potential ROI
+71.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SL4)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -0.3%
5 year growth: 1.7%
Investment Disclaimer: Analysis based on SL4 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

Ourway, North Street, SL4
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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
£2,564
Based on a loan of £525,000 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.

Next Steps

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