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East of England
£140,000
Listed on 17/09/2026
Listed on 17/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This one-bedroom end-of-terrace bungalow offers a solid opportunity for those looking to invest in a property with potential for modernisation. The asking price of £140,000 translates to £310/sqf, which is below the local average of £329/sqf, making it a reasonable entry point for buyers in the area. However, while the price is attractive, the overall renovation economics present a challenge: when factoring in the potential refurb costs ranging from £50,000 to £100,000, all-in expenses could reach around £215,000. This figure is significantly stretched against the implied local average value, indicating that the margin for profit post-renovation could be tight.
The bungalow itself is spacious, featuring a generous lounge/diner that benefits from ample natural light, as well as a practical kitchen and wet-room style bathroom. While the interiors are dated and require updating throughout, this provides a fantastic canvas for new owners to personalise and enhance the space. The garden, although overgrown, also holds potential for those willing to invest some time and effort into it. Overall, while the project may be light in terms of physical risks, the economic feasibility should be carefully considered by prospective buyers.
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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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