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East of England
£275,000
Listed on 19/09/2026
Listed on 19/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom semi-detached bungalow on Lyndale Avenue presents a significant renovation opportunity for those looking to create a bespoke home. The property boasts a spacious layout with three genuine double bedrooms and an impressive central entrance hall, adding to its potential. The expansive rear garden offers a blank canvas for landscaping, while the possibility of converting the loft space may further enhance the living area, subject to necessary consents.
However, the asking price of £275,000, which equates to £412/sqf, is notably above the local average of £339/sqf, highlighting a weakness in price/value. Additionally, the overall renovation budget of £125,000 places the all-in costs at approximately £400,000, which is stretched against local benchmarks for similar properties. This makes the economics of the project quite challenging. Visible signs of damp and neglect throughout the property, including in the kitchen and bathroom, indicate that this will be a heavy renovation project, requiring considerable investment and time to transform it into a desirable home.
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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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