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South West
£239,950
Listed on 15/10/2026
Listed on 15/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom detached bungalow offers a unique opportunity for buyers looking to invest in a property ripe for modernisation. Priced at £239,950, it comes in at £272/sqf, which is attractively below the local average of £304/sqf. This presents a chance to acquire a property in a good location near amenities without overspending compared to the market.
However, while the price is compelling, the economics of this investment are weaker than ideal. With an all-in cost estimated at £319,950, including renovation costs, the overall outlay exceeds local benchmarks for similar properties, which could limit your potential margin. The interior is dated and requires significant updating, offering a blank canvas for creative renovations. The absence of an onward chain is a notable benefit, making this an appealing option for those ready to take on a project.
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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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