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South East
£500,000
Listed on 03/09/2026
Listed on 03/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This detached two-bedroom bungalow offers a unique opportunity for those looking to invest in a project that promises potential. While the asking price of £500,000 translates to £681/sqf — significantly above the local average of £446/sqf — it presents a canvas for modernisation and improvement. The property features dated interiors, evident in the living area and bedrooms, and an original kitchen, all of which could benefit from a refreshed design. However, the standout feature is the expansive 150' garden, perfect for further extensions or landscaping, providing a wonderful outdoor space that enhances the property's appeal.
Despite its inviting features and the benefit of no onward chain, the economics of this listing are a concern. With an estimated all-in cost of around £560,000 when factoring in the renovation range, the financials appear stretched against local benchmarks for this size. While the location is attractive and the potential for planning permission exists, the asking price remains a significant hurdle for value creation. Buyers should weigh the renovation opportunities against the higher price point carefully.
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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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