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Elaine Close

South West

£230,000
Listed on 01/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
771 sqft

Description

Nestled in a peaceful cul-de-sac, this three-bedroom terraced house offers a prime opportunity for those looking to make their mark on a home. While the property is in need of some modernisation, it boasts well-proportioned rooms and considerable potential for enhancement, reconfiguration, or extension (pending necessary approvals). Ideal for first-time buyers, families, or investors seeking value, the layout allows for creative updates to suit contemporary living standards. The outdoor space features a private garden that invites landscaping possibilities. Conveniently located near local amenities, schools, and transport links, this property has the foundation to become an outstanding long-term residence or investment with the right vision.

Investment Analysis

(EX4 area)

Below Market Value

This property is priced -10.3% below area average per sq ft

-10.3%
Potential saving
This Property
£298/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£321
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£282,078
10% above area average per sq ft
Potential ROI
+6.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -0.9%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on EX4 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

Elaine Close
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£830
Based on a loan of £172,500 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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