
East of England
£400,000
Listed on 05/09/2026
Listed on 05/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
At £400,000, this detached bungalow is attractively priced against the local average: about £350 per sq ft versus £429. Its single-storey layout, driveway, garage and countryside setting give the project a strong starting point, while the dated interiors and heavily overgrown rear garden offer clear scope to modernise and restore the outdoor space. The renovation range is £45,000–£85,000; at the £65,000 midpoint, the purchase plus works comes to £465,000, only 5.3% below the implied current local average value, before fees and without assuming a renovated resale value.
The overall opportunity is therefore promising but not a standout on the numbers: the asking price is a real plus, while the limited margin at the renovation midpoint calls for careful budgeting. The listing mentions extension potential subject to planning, but feasibility is not established.
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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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