Worst House on the Street Logo
Wood Ride, Petts Wood - Image 1
Wood Ride, Petts Wood - Image 2
Wood Ride, Petts Wood - Image 3
Wood Ride, Petts Wood - Image 4
Wood Ride, Petts Wood - Image 5
Wood Ride, Petts Wood - Image 6
Wood Ride, Petts Wood - Image 7
Wood Ride, Petts Wood - Image 8
Wood Ride, Petts Wood - Image 9
Wood Ride, Petts Wood - Image 10
Wood Ride, Petts Wood - Image 11

Wood Ride, Petts Wood

South East

£625,000
Listed on 10/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1379 sqft

Description

This semi-detached three-bedroom property offers an excellent renovation opportunity in the desirable area of Petts Wood East. With a generous layout and extensive garden space, this residence is primed for transformation. Currently, the home features a welcoming entrance hall that leads into an open-plan lounge and dining area, perfect for family gatherings and entertaining. The kitchen, although functional, is in need of modernizing to meet contemporary standards. Ascending to the first floor, you'll find three spacious double bedrooms along with a bathroom and separate WC that require updating. The property's strong potential lies in its ability to extend (subject to planning permission), taking advantage of the sizeable rear garden and existing garage structure. Many neighboring properties have successfully completed similar upgrades, which could significantly enhance value. Just a stone's throw from Petts Wood High Street and Station, this location combines accessibility with community charm. Given its condition requiring full renovation throughout, interested parties should consider viewing to fully appreciate the investment potential it holds.

Investment Analysis

(BR5 area)

Below Market Value

This property is priced -11.3% below area average per sq ft

-11.3%
Potential saving
This Property
£453/sq ft
Area Average
£511/sq ft
Avg Rent (weekly)
£402
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£775,515
10% above area average per sq ft
Potential ROI
+8.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (BR5)

Area prices are rising by +14.5% over the last 12 months
3 year growth: +9.3%
5 year growth: +17.5%
Investment Disclaimer: Analysis based on BR5 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

Wood Ride, Petts Wood
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,254
Based on a loan of £468,750 over 30 years at 4.06% 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.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development