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Middlethorpe, Wedon Lois, NN12 - Image 1
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Middlethorpe, Wedon Lois, NN12

East Midlands

£175,000
Listed on 01/04/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
570 sqft

Description

This two-bedroom semi-detached bungalow is strategically located at the end of a quiet cul-de-sac within a respected rural village. Offered with no onward chain, this property is part of a housing association asset disposal program and is available in its current state, presenting a valuable opportunity for those looking to undertake a significant renovation project. The property requires extensive refurbishment throughout, appealing particularly to buyers interested in creating a bespoke living space tailored to contemporary standards. Arranged over a single storey, the accommodation includes an entrance hall that provides access to all main rooms, featuring a spacious sitting room at the rear that boasts views of the garden and an open fireplace as its centerpiece. The kitchen has direct side access and presents potential for modernization or reconfiguration. The two bedrooms include built-in storage solutions, while the bathroom contains a basic three-piece suite that could be upgraded during renovations. Externally, the plot encompasses private front gardens bordered by established hedging, with pathways leading towards the entrance and secure access to both side and rear areas. The rear garden extends over 90 ft and requires some maintenance but offers ample space for landscaping and potential expansion of outdoor living areas. A brick outbuilding within the garden provides useful storage options with existing electrical fittings, adding further potential for conversion into functional spaces such as a home office (subject to necessary consents). Overall, this property stands as an attractive proposition for investors or first-time buyers eager to engage in an extensive refurbishment process that will significantly enhance the property's value in an idyllic location.

Investment Analysis

(NN12 area)

Below Market Value

This property is priced -15.1% below area average per sq ft

-15.1%
Potential saving
This Property
£307/sq ft
Area Average
£361/sq ft
Avg Rent (weekly)
£314
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£226,629
10% above area average per sq ft
Potential ROI
-3.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NN12)

Area prices are falling by -3.3% over the last 12 months
3 year growth: -4.2%
5 year growth: +1.9%
Investment Disclaimer: Analysis based on NN12 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

Middlethorpe, Wedon Lois, NN12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£620
Based on a loan of £131,250 over 30 years at 3.91% 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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