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East Reach - Town Centre

South West

£175,000
Listed on 13/02/2026

Property Details

Bedrooms
4
Type
Terraced house

Description

Located in the bustling area of East Reach, this terraced house offers a solid foundation for renovation and investment. Spanning an impressive 1,761 square feet, the property includes three spacious reception rooms that can be transformed into attractive communal spaces or private retreats. The four generously sized bedrooms provide ample accommodation options, making it a practical choice for families or shared living arrangements.<br><br>With its charming older features and Grade II listed façade, this home not only carries historical value but also presents an opportunity for future appreciation. The prime town centre location highlights potential for conversion into multiple flats or a House in Multiple Occupation (HMO), catering to the increasing demand for rental properties in the area.<br><br>Local amenities, transport links, and recreational facilities are conveniently accessible, enhancing its appeal to potential tenants. Investors will recognize the opportunity for competitive rental yields with strategic renovations. This property represents a promising project for those looking to create a valuable asset within a thriving community.<br><br>The interior consists of versatile reception areas filled with natural light, complemented by neutral decor that provides a blank slate for personalization. The bedrooms are spacious enough to cater to various needs, while additional features like a functional ground floor WC and compact bathroom optimize available space. Overall, this property offers considerable potential with thoughtful renovations.

Investment Analysis

(TA1 area)
Area Average
£295/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (TA1)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +0.7%
5 year growth: +17.4%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£631
Based on a loan of £131,250 over 30 years at 4.06% 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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