Westwood Avenue, Lowestoft, Suffolk

This detached bungalow offers a clear medium-scale project: the generous lounge/dining room opens onto the garden, and the corner plot, driveway and detached garage add useful appeal. The dated kitchen, bathroom, carpets and décor give a buyer scope to modernise the interior and make the established gardens their own; the brick exterior and roof look broadly intact in the available views.

At £240,000, the asking price is broadly in line with the local benchmark at £256 per sq ft, so the purchase price itself is reasonable on that measure. The weaker point is the project economics: adding a mid-to-substantial programme of works to the asking price leaves the overall outlay stretched against local benchmarks for a home of this size. That makes this a more selective opportunity than the project potential alone might suggest.