Wiverton Road, Nottingham
East Midlands
£140,000
Listed on 01/10/2026
Listed on 01/10/2026
The listing
Property details
Bedrooms
3Type
Terraced HouseArea
1044 sqftDescription
This three-bedroom mid-terraced house is offered to cash buyers as a full refurbishment project. The traditional layout includes a hall, living room, separate dining room, kitchen and cellar, with a bathroom and two bedrooms on the first floor and a further bedroom on the second floor. The listing describes the property as requiring serious repair and complete refurbishment, so buyers should assess the work required in person.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
55out of 100
Grade DWeak opportunity
Confidence: LOW
At £140,000, this three-bedroom terrace is priced at about £134 per sq ft, well below the local average of £223 — a clear acquisition advantage for someone ready to take on a substantial project. Its traditional brick frontage and separate living and dining rooms offer character and a useful starting layout, with three double bedrooms and a cellar adding scope to rework the home. It is close to the city centre and transport links, but the listing calls for serious repair and complete refurbishment; the single exterior photo does not show the interior, so the scope needs to be assessed in person. The overall WHOTS grade is D: the cheap entry point and fundamentals have merit, while the heavy works and limited renovation-economics information keep this a weaker overall opportunity.
Key opportunities
- Reimagine the separate living and dining rooms and multi-level layout to suit a modern home while retaining the terrace’s traditional character.
- Three double bedrooms and a cellar provide useful scope to improve the property for residential or investment use.
- Acquire at about £134 per sq ft, well below the local average, with city-centre access and strong transport connections.
Key risks
- The stated serious repairs and complete refurbishment make this a full-gut-scale programme rather than a cosmetic refresh; budget and programme need to be established through inspection.
- The worn entrance paving and scattered debris need attention; the roof and rear condition are not established.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£529
Based on a loan of £105,000 over 30 years at 4.45% 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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