Mayles Lane, Wickham

This three-bedroom detached bungalow offers a significant plot of land, approaching half an acre, which runs down to the River Meon. The large garden presents a fantastic opportunity for landscaping and outdoor enhancements, while the home itself is set for a renovation that could unlock its full potential. Inside, the living area, kitchen, and bedrooms all show signs of age, with dated fixtures and decor needing a refresh, but this allows for a blank canvas to create a modern living space tailored to your taste.

The property's asking price of £650,000 translates to £744/sqf, which is significantly above the local average of £373/sqf. While it does have some appealing features, such as the expansive garden and potential for extensions, the economics are stretched, as the overall cost of acquisition and refurbishment could leave the investment lacking in margin compared to local benchmarks. It's important to consider the financial outlay versus potential returns carefully, especially as renovation costs are estimated between £40,000 and £80,000. This may impact your overall budgeting and financial planning for the property.