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Philip Drive - No Chain

East of England

£650,000

Listed on 15/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
1300 sqft

Description

This detached bungalow presents a solid investment opportunity in a desirable and tranquil cul-de-sac location within Flackwell Heath. The property features three spacious double bedrooms, with one offering an en-suite, plus an additional loft conversion that enhances its versatility with extra living space and another en-suite. The expansive open-plan living area is well-lit and provides direct access to a large rear garden, ideal for creating an outdoor retreat or entertaining area. The garden is a key highlight, backing onto woodland, featuring charming landscaping including a pond with a stream-fed water feature and a bespoke timber cabin that can be transformed into various functional spaces such as a home office or creative studio. This private outdoor area also boasts established fruit trees and a traditional stone-built barbecue—great additions for enhancing lifestyle appeal. While the property has significant potential for modernization to suit contemporary standards, it already offers generous living areas and storage options, including a detached garage. Given the excellent local amenities and transport links, this could be an outstanding renovation project for those looking to capitalize on the value of their investment.

Investment analysis

(HP10 area)

Below Market Value

This property is priced -1.9% below area average per sq ft

-1.9%
Potential saving
This Property
£500/sq ft
Area Average
£510/sq ft
Avg Rent (weekly)
£670
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£728,871
10% above area average per sq ft
Potential ROI
-1.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (HP10)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +3.1%
5 year growth: +9.4%
Investment Disclaimer: Analysis based on HP10 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

Philip Drive - No Chain
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,456
Based on a loan of £487,500 over 30 years at 4.45% 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.

Stamp duty calculator

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