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South East
£425,000
Listed on 14/09/2026
Listed on 14/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This detached bungalow presents a unique opportunity for renovation in River, with a generous plot size and substantial outdoor space that boasts potential for expansion or reconfiguration. While the interiors are notably dated and show signs of wear, including the kitchen and living areas, the ample garden space provides an ideal canvas for those looking to create their dream home. The secluded setting enhances the appeal, making it a great option for families or gardening enthusiasts seeking a lifestyle property.
However, the asking price of £425,000 translates to £348/sqf, which is significantly above the local average of £249/sqf, indicating a potential overvaluation. Coupled with the anticipated renovation costs ranging from £100,000 to £200,000, the all-in cost could exceed local benchmarks for similar properties. This makes the economics of the project less favorable, presenting a challenge for potential buyers. While the location is excellent and the fundamentals are strong, prospective renovators should carefully consider the financial implications before proceeding.
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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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