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Richings Way, Iver SL0

South East

£910,000
Listed on 14/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1226 sqft

Description

This three-bedroom detached bungalow presents a rare investment opportunity within the sought-after area of Richings Park. Set on an expansive plot of around a quarter of an acre, this property is ideally located just a short walk from Iver Station on the Elizabeth Line, providing easy access to Central London. While the home requires refurbishment, it offers significant potential for extension or redevelopment (subject to planning permission), making it a blank canvas for those looking to create their ideal residence. The charming exterior leads into a spacious entrance hall that connects to carefully allocated living spaces. The kitchen benefits from large windows that flood the area with natural light and provide access to the side garden. The generous reception room, extending over 25 feet in length, serves as a central hub for family gatherings, supported by an adjacent dining room. Two well-proportioned bedrooms and a three-piece family bathroom complete the ground floor layout, while a third bedroom upstairs features ample eaves storage. The notable rear garden spans approximately 40 metres and is enclosed for privacy, presenting various opportunities for outdoor enhancements or leisurely enjoyment. A mix of lawn and mature planting provides a serene setting perfect for summer entertaining or future development ideas. Additional outbuildings offer potential conversion opportunities into office space or recreational areas. With ample driveway parking and an attached garage for secure storage, this property not only sits in one of Iver’s desirable locations but also promises extensive renovation potential to suit personal preferences or investment aspirations. A viewing is highly recommended for those interested in rejuvenating this property into a modern family home.

Investment Analysis

(SL0 area)

Above Market Value

This property is priced +39.2% above area average per sq ft

+39.2%
This Property
£742/sq ft
Area Average
£533/sq ft
Avg Rent (weekly)
£513
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£719,141
10% above area average per sq ft
Potential ROI
-27.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SL0)

Area prices are rising by +2.5% over the last 12 months
3 year growth: -1.3%
5 year growth: 10.0%
Investment Disclaimer: Analysis based on SL0 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Richings Way, Iver SL0
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,334
Based on a loan of £682,500 over 30 years at 4.19% interest

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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE