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The Common, Galleywood

East of England

£700,000
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1234 sqft

Description

Nestled in a coveted area of Galleywood Common, this detached bungalow offers a unique investment opportunity due to its prime location and potential for substantial enhancement. Set on an unoverlooked plot, the property boasts a sizable rear garden, ideal for outdoor enjoyment and future landscaping potential. The interiors feature spacious and adaptable living areas with plenty of natural light, inviting you to reimagine the space according to modern standards or personal taste. The flexible layout includes well-sized bedrooms and multiple reception rooms that cater to both formal gatherings and casual living. Front-facing, there is a large driveway accommodating several vehicles, adding convenience to the home's practicality. A key advantage of this property is the possibility for extension or reconfiguration (subject to obtaining appropriate planning permissions), providing an excellent chance for buyers aiming to create a personalized living environment or increase property value. With no chain involved, the purchasing process can be both quick and efficient. This charming bungalow not only presents a comfortable residence but also significant renovation potential in a desirable locale, making it an attractive proposition for those looking to invest in their dream home.

Investment Analysis

(CM2 area)

Above Market Value

This property is priced +32.7% above area average per sq ft

+32.7%
This Property
£567/sq ft
Area Average
£427/sq ft
Avg Rent (weekly)
£306
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£580,085
10% above area average per sq ft
Potential ROI
-23.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CM2)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +4.2%
5 year growth: +6.0%
Investment Disclaimer: Analysis based on CM2 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

The Common, Galleywood
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,525
Based on a loan of £525,000 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.

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