Unless you are 'irreplaceable' then they will likely see it as being held to ransom and will hate that
Hold this card and play it later with more time between you and current rise (build up new credit).
Be careful. Sometimes you just got to shut up and be grateful for what you have.
Or get a new role with rise and remote working elsewhere.
Also if you have had recent payrise then I'd say approaching again will almost certainly not be received well. If they gave you the rise then you may have missed the opportunity to negotiate if you asked for it then asking again is going to go down like a turd sandwich.
Believe me in the current climate I am grateful for my job, given I was the only one in the department not to be affected by last year's redundancy round as I was the only one in the team.
I do feel like I have unfinished business with my current role in terms of target accounts, prospects etc. That I have worked to build, but it's hard sometimes when your aspirations feel like they are hindered by the resources available.
The payrise was as part of a restructure as they had not defined titles and roles before and did it in line with that. Ironically money is not my primary motivation, but there are times when you sometimes think, are they taking the piss, partly due to not needing to pay London salaries, and also a raise of this level is worth taking not of.
The guy who I used to work with applied for a role at my current company and was told he wasn't qualified. He does the same role now for this competitor, and went from £32k to £110k +. We have had at least half a dozen people leave in as many weeks and turnover is a problem definitely.