Worst House on the Street Logo
Chain Free * Lake - Image 1
Chain Free * Lake - Image 2
Chain Free * Lake - Image 3
Chain Free * Lake - Image 4
Chain Free * Lake - Image 5
Chain Free * Lake - Image 6
Chain Free * Lake - Image 7
Chain Free * Lake - Image 8
Chain Free * Lake - Image 9

Chain Free * Lake

South East

£275,000
Listed on 07/11/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Set in a tranquil residential area, this detached bungalow presents a unique opportunity for renovation and investment. With the property being offered chain-free, it allows for a seamless transition for potential buyers looking to make their mark. The interior layout includes a cozy lounge that serves as a versatile space for both relaxation and social gatherings. Two spacious bedrooms provide comfortable living quarters, while the conveniently located shower room ensures accessibility for residents. The inclusion of a conservatory expands the living space, making it ideal for enjoying the surrounding garden views throughout the year. One of the key advantages of this property is its location. It is within walking distance to local shops and public transport links, enhancing your daily convenience. Additionally, the nearby Cliff Path offers direct access to the seafront, presenting opportunities for leisurely coastal walks. The exterior features include a well-maintained garden predominantly laid to lawn, with gated driveway parking leading to a detached garage—providing ample off-road parking and storage options. The side access leads you into the rear garden, which also has potential for landscaping or other enhancements. This bungalow's renovation potential makes it particularly appealing for those interested in creating a personalized home or investing in a property with scope for appreciation. With its desirable location and existing positive attributes, this listing is worth considering for anyone looking to invest in an area that combines both charm and convenience.

Investment Analysis

(PO36 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£208
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PO36)

Area prices are rising by +4.0% over the last 12 months
3 year growth: -3.6%
5 year growth: 22.3%
Investment Disclaimer: Analysis based on PO36 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

Chain Free * Lake
Loading map...

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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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