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Red House, The Common

East of England

£180,000
Listed on 16/03/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced cottage, a relic from the 1800s, presents a significant renovation opportunity in the heart of the village, located on a quaint common. Spanning three levels, the property features a living room and kitchen on the ground floor, two spacious double bedrooms with a dressing room and family bathroom on the first floor, and an additional large bedroom on the second floor that overlooks the front garden. A long garden at the rear awaits restoration, offering potential for landscaping or outdoor living spaces. Notably, there are some cracks to external walls that will need addressing, adding to the property's refurbishment requirements. This freehold property benefits from its central location and wide-ranging accommodation possibilities, making it an ideal candidate for investors or those looking to create their dream home through extensive renovations.

Investment Analysis

(HP14 area)
Area Average
£489/sq ft
Avg Rent (weekly)
£393
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (HP14)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -5.3%
5 year growth: +23.4%
Investment Disclaimer: Analysis based on HP14 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

Red House, The Common
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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
£649
Based on a loan of £135,000 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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