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South East
£400,000
Listed on 14/10/2026
Listed on 14/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
Situated in the sought-after area of Wigmore, this two-bedroom semi-detached bungalow offers a canvas for those looking to invest in a project. While the asking price of £400,000 equates to £422/sqf, which is higher than the local average of £358/sqf, the property does present opportunities for improvement and modernization. With a renovation budget estimated between £40,000 and £80,000, the all-in costs could stretch your investment against local benchmarks, which may limit potential return. However, for buyers with vision, there's significant scope to enhance the dated interiors and create a tailored living space.
The property features two well-proportioned double bedrooms and a functional kitchen that, while outdated, can be transformed into a contemporary cooking space. The living areas and bedrooms are also in need of a refresh, with worn carpets and dated decor throughout. Externally, the good condition of the roof and the generous driveway add to the property's appeal. Positioned on a main bus route and close to local amenities, this bungalow is not just a home but a prospect for value increase. While the price is a consideration, the location and potential make it worthy of attention for first-time buyers and investors alike.
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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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