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Sherwood Green, Longford

South West

£254,500
Listed on 01/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
550 sqft

Description

This semi-detached bungalow features two spacious bedrooms and is situated in the sought-after Longlevens area. With a chain-free status, it presents an excellent opportunity for those looking to invest or renovate according to their preferences. Upon entering, you are greeted by a hallway that leads to a generous lounge area, perfect for relaxation or entertaining. The master bedroom comes with built-in storage and provides ample space for personal furnishings. A second bedroom offers flexibility for guests, a home office, or additional storage. The modern shower room features a walk-in shower, adding convenience to daily living. The kitchen, located at the rear of the property, provides access to an enclosed garden—ideal for outdoor activities or future landscaping projects. Additionally, side access leads to driveway parking, ensuring ease of entry and exit. While the property requires modernization throughout, this allows new owners to tailor the space to their liking and potentially increase its value. The investment potential here is significant; with thoughtful updates and renovations, this bungalow could transform into a charming home in a desirable location. Longlevens is known for its community feel and local amenities, making it an appealing place to live. This property's potential combined with its prime location makes it an intriguing prospect for both first-time buyers and seasoned investors alike.

Investment Analysis

(GL2 area)

Above Market Value

This property is priced +43.8% above area average per sq ft

+43.8%
This Property
£463/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£313
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£194,629
10% above area average per sq ft
Potential ROI
-32.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (GL2)

Area prices are falling by +2.2% over the last 12 months
3 year growth: 0.3%
5 year growth: 14.6%
Investment Disclaimer: Analysis based on GL2 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

Sherwood Green, Longford
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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
£932
Based on a loan of £190,875 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