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East of England
£425,000
Listed on 26/09/2026
Listed on 26/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This detached bungalow in South Benfleet offers a solid opportunity for those looking to invest in a renovation project. The property is set on a substantial plot and provides a good amount of outdoor space, perfect for landscaping or family use. However, it is clear that the interiors have seen better days, with dated decor and wear evident throughout the living areas, bedrooms, and kitchen. There is significant potential to modernise and reconfigure the layout, taking advantage of the ample space to create a bespoke home tailored to your tastes.
While the location is desirable, with convenient access to transport and local amenities, the asking price of £425,000 translates to £468 per square foot — notably above the local average of £397 per square foot. This places the overall investment at a stretch, given the estimated renovation costs of £75,000, leading to total expenses that exceed current local value benchmarks. Buyers should be aware that the price may feel steep compared to what similar properties are achieving, which could impact long-term value appreciation.
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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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