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Wales
£160,000
Listed on 06/09/2026
Listed on 06/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom detached bungalow in the desirable area of Begelly offers a solid foundation for a renovation project, despite the dated interiors. With the asking price of £160,000 coming in below the local average of £268/sqf at £293/sqf, this property presents a limited opportunity for buyers looking to invest. The well-maintained exterior and good-sized garden provide a pleasant outdoor space, while the interior requires significant updating, particularly in the living areas and kitchen.
However, the economics of this project are stretched. The all-in costs, considering the purchase price and estimated refurbishment range of £20,000 to £40,000, total around £190,000. This figure is significantly above the implied local average value of £146,651 for the same floor area, resulting in a concerning margin. While the location offers good amenities and potential for first-time buyers or investors, prospective buyers should weigh the costs carefully against the potential for value creation.
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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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