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Fernbank Road, Ascot

South East

£750,000

Listed on 11/09/2026

The listing

Property details

Bedrooms
3
Type
Detached Bungalow
Area
641 sqft

Description

This charming detached bungalow on the sought-after Fernbank Road in Ascot presents a unique development opportunity. With three well-proportioned bedrooms and a spacious reception room, the property offers comfortable single-storey living, ideal for families and professionals alike. The practical layout enhances its appeal, making it a versatile space for various lifestyles. Notably, planning permission has been granted for the construction of two semi-detached properties within the plot, highlighting its potential as an excellent investment. Externally, the property features a front garden, off-street parking, and a garage, ensuring convenience and ample storage. Located close to local amenities, reputable schools, and transport links, this home strikes a perfect balance between comfort and accessibility.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

29out of 100
Grade ELow opportunity

Confidence: MEDIUM

This charming detached bungalow on Fernbank Road in Ascot presents a significant renovation opportunity, although it comes with challenges. The dated interiors throughout the living spaces and bedrooms require a substantial overhaul, yet the solid layout offers potential for an inviting family home or professional retreat. The exterior and roof are in good condition, which is a positive aspect that could save on immediate structural concerns.

However, the asking price of £750,000 translates to £1,170 per square foot, which is considerably above the local average of £527 per square foot. This high price, combined with the expected renovation costs ranging from £100,000 to £200,000, leaves the all-in budget stretched against local benchmarks for this area. With planning permission already approved for two semi-detached properties, there is potential for a profitable investment, but the current pricing and renovation scale make this a risky, heavy project to undertake.

Key opportunities

  • The solid layout and spacious reception room provide a canvas for creating a modern family home.
  • Planning permission for two semi-detached properties opens avenues for investment and development.
  • The good condition of the exterior and roof allows for focus on interior renovations.

Key risks

  • Stripped interiors and a £100,000–£200,000 works budget make this a full-gut programme, not a refresh.
  • Purchase plus works may take you to around £900,000 when purchase and the £150,000 refurb range are added together, leaving a gap of around 62% versus area norms for this sqft; we have not assumed a post-renovation resale figure.

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Map

Location

Fernbank Road, Ascot
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,833
Based on a loan of £562,500 over 30 years at 4.45% interest

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.

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