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London
£500,000
Listed on 19/08/2026
Listed on 19/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This two-bedroom semi-detached bungalow on Wood Rise presents a modest opportunity with potential for enhancement and extension, subject to planning permissions. However, the asking price of £500,000 translates to £842 per square foot, which is significantly above the local average of £594 per square foot. This premium price raises concerns about the overall value proposition for potential buyers, especially given the limited information on renovation costs and potential returns.
While the property boasts a practical layout and generous outdoor space, the lack of detailed visuals and renovation estimates limits the ability to assess its full potential. The local market conditions show a negative growth trend, which further complicates the investment outlook. Nonetheless, the spacious garden, private driveway, and garage are notable positives that could entice buyers looking for a project to create their ideal home. Overall, while there are appealing aspects to this property, the high asking price and economic uncertainties present significant risks for prospective buyers.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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