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East Midlands
Tuesday, 15 September 2026 at 12:00 pm
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The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This three-bedroom detached house presents a decent opportunity for those looking to invest in a property that needs some updating. The clean decorative order and the presence of front and rear gardens, along with a garage, are positive aspects that add to its appeal. However, the internal condition shows signs of wear, particularly in the dated kitchen, and the bathroom condition remains unknown, which could require further investment down the line.
While the asking price of £170,000 might seem attractive against local averages, the lack of usable floor area significantly restricts the ability to assess true value and potential return on investment. The economics component is capped due to insufficient data, making it challenging to predict renovation costs accurately. This could lead to uncertainties in the overall investment picture, especially as the local market shows signs of stagnation with a slight decline in growth. Overall, while the property has some merits, prospective buyers should approach with caution regarding the financials and condition of the home.
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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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