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Poynings Avenue, Wick Estate, SS2

East of England

£400,000
Listed on 27/03/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
1010 sqft

Description

This semi-detached bungalow situated in the desirable Wick Estate offers a solid foundation for both comfortable living and renovation opportunities. The property features two reception rooms, ideal for flexible use, alongside a south-facing garden that extends approximately 65ft, providing ample outdoor space for potential landscaping or extension projects (subject to planning permission). A well-maintained front with off-street parking for two vehicles leads to a detached garage, enhancing practicality. The interior includes a spacious entrance hall, modern kitchen/diner with integrated appliances, and two generously sized bedrooms. The contemporary shower room is outfitted with essential fixtures. Given its location within walking distance of local amenities and transport links, this property stands out as an appealing investment for those looking to downsize or enhance their living space through renovation.

Investment Analysis

(SS2 area)

Above Market Value

This property is priced +17.3% above area average per sq ft

+17.3%
This Property
£396/sq ft
Area Average
£338/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£375,240
10% above area average per sq ft
Potential ROI
-11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (SS2)

Area prices are rising by +8.1% over the last 12 months
3 year growth: +11.5%
5 year growth: +26.5%
Investment Disclaimer: Analysis based on SS2 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

Poynings Avenue, Wick Estate, SS2
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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
£1,443
Based on a loan of £300,000 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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