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East of England
£240,000
Listed on 06/10/2026
Listed on 06/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This spacious three-bedroom detached bungalow in Reedham presents a compelling opportunity for buyers looking to invest in a property with great potential. With an asking price of £240,000, which is significantly below the local average at £225/sqf compared to £312/sqf, this listing stands out as an exceptional value in the current market. The well-maintained exterior and bright living spaces create a solid foundation, while the dated kitchen and bathroom offer a chance for modernization and personal touches that can enhance the property's overall appeal.
The layout is spacious and functional, featuring a welcoming entrance hallway, a bright sitting room with patio doors leading to a low-maintenance garden, and three comfortable bedrooms filled with natural light. The potential for landscaping in the garden adds another layer of opportunity for buyers to create their own outdoor oasis. Given the medium scale of renovation required, estimated between £30,000 and £50,000, this property is an ideal canvas for those looking to add value and customize their living space in a picturesque rural setting. With good transport links and local amenities nearby, it combines countryside charm with everyday convenience, making it a desirable choice for families or downsizers 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.
Pricing
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