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South East
£300,000
Listed on 18/09/2026
Listed on 18/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom detached bungalow on Sea Road offers a unique opportunity for cash buyers looking to create a coastal retreat. While the asking price of £300,000 is above the local average at £498/sqf compared to £411/sqf, the property provides a blank canvas for those willing to invest in significant renovation. The living room and bedrooms show signs of wear and neglect, while the kitchen and bathroom are functional yet dated, presenting a chance for personalization and modernization.
However, the overall economics of this project are a concern; with an all-in cost of around £450,000 after renovations, the investment stretches beyond local benchmarks. The property's not mortgageable status further limits the buyer pool, making it crucial to consider the extensive works required. The garden needs significant attention, and the exterior is in need of landscaping, reinforcing the heavy project scale this home demands. Despite these challenges, the coastal location and potential for transformation make this property worthy of consideration for the right buyer.
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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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