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CHAIN FREE - Exciting Full Refurbishment Project

South East

£390,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
865 sqft

Description

Nestled in a tranquil walkway in the sought-after Lordswood area, this detached three-bedroom residence offers an exceptional canvas for renovation enthusiasts or savvy investors ready to embark on a comprehensive refurbishment. While it currently requires extensive work throughout—from structural updates to modernizing key areas like the kitchen and bathroom—this property holds immense potential for transformation into a desirable family home with approximately 865 sq ft of living space. The existing layout provides a functional flow, featuring an entrance hallway leading to a spacious reception room and separate kitchen on the ground floor, along with three bedrooms and a family bathroom upstairs that could easily accommodate contemporary family needs upon completion of renovations. Situated on a good-sized plot, the property includes both front and rear gardens, with the latter extending around 36ft, adding valuable outdoor space. The detached garage and driveway parking further enhance practicality—an attractive feature for families looking for storage solutions and convenience not often found in terraced homes. As detached properties in this locale are highly sought after, there's an exciting opportunity here for those willing to invest time and resources. The surrounding area also enriches this opportunity; local amenities are just a stone's throw away, including shopping at The Kestrel Shopping Centre and direct bus routes catering to daily commutes. Families will appreciate proximity to Lordswood School, providing educational options for younger children. This property is best suited for buyers who can envisage its full potential despite its current condition and are prepared to undertake significant works needed to realize it. With vision and investment, this home could become a significant asset in an established community.

Investment Analysis

(ME5 area)

Above Market Value

This property is priced +26.9% above area average per sq ft

+26.9%
This Property
£451/sq ft
Area Average
£355/sq ft
Avg Rent (weekly)
£326
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£338,163
10% above area average per sq ft
Potential ROI
-29.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (ME5)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +2.9%
5 year growth: +16.7%
Investment Disclaimer: Analysis based on ME5 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 - Exciting Full Refurbishment Project
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,381
Based on a loan of £292,500 over 30 years at 3.91% 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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