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East Reach - Town Centre

South West

£175,000
Listed on 18/11/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

Situated in the vibrant East Reach area, this terraced house offers a substantial living space of 1,761 square feet, presenting significant renovation and investment potential. With four bedrooms and three well-defined reception areas, the property serves as an excellent canvas for both family living and rental opportunities. The home retains its original charm with historical elements, underscored by its Grade II listing, which not only adds character but also suggests potential for future appreciation in value. The unique architectural features may attract buyers interested in preserving its heritage while modernizing other aspects of the property. Its prime location in the town center means easy access to local amenities, public transport links, and recreational facilities—making it particularly appealing for future tenants or homeowners looking to invest. The neighborhood's strong housing demand provides a solid foundation for transforming this property into either multiple flats or a House in Multiple Occupation (HMO), catering to the growing market for quality rental accommodations. Each of the three reception rooms offers flexible space with ample natural light, making them suitable for a variety of uses—from communal living areas to private study spaces. The bedrooms are spacious and can be customized according to personal preferences or design ideas. The compact bathroom on the second floor utilizes space effectively under the eaves while providing essential amenities. With thoughtful renovation and modernization, this property could become a lucrative asset that aligns with current market demands. This is an opportunity worth exploring for investors or those looking to create a welcoming family home in a thriving community.

Investment Analysis

(TA1 area)
Area Average
£296/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (TA1)

Area prices are rising by +6.5% over the last 12 months
3 year growth: 2.7%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on TA1 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

East Reach - Town Centre
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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
£641
Based on a loan of £131,250 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