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South West
£290,000Guide Price
Listed on 03/10/2026
Listed on 03/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom detached bungalow on Broadsands Avenue is a project ripe for personalization, yet it faces significant economic challenges. The asking price of £290,000 translates to £314/sqf, which is slightly above the local average of £297/sqf, indicating a limited price/value proposition. When considering the renovation costs estimated between £40,000 and £120,000, the overall investment could reach around £370,000. This figure exceeds the implied current local average value of £274,586, resulting in a stretched margin and raising concerns about the viability of this project from an economic standpoint.
While the property is dated, with visible wear throughout the living areas and kitchen, it offers well-proportioned accommodation and good potential for buyers willing to undertake the necessary updates. The garden space and garage add to the appeal, providing opportunities for outdoor improvement and additional storage. However, prospective buyers should carefully evaluate the financial implications of the all-in costs versus local benchmarks, as the renovation demands could present a challenge in recouping investment.
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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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