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East Midlands
£130,000
Listed on 23/08/2026
Listed on 23/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This detached house presents an intriguing opportunity to acquire a building plot with full planning permission for a three-bedroom bungalow. While the asking price of £130,000 is attractive at first glance, the lack of usable floor area and the absence of detailed renovation economics significantly dampen the overall value proposition. The local average sale price is considerably higher, which raises questions about the long-term investment potential of this plot.
The plot comes with essential utility connections already in place, making it easier for a buyer to move forward with construction. However, the missing specifics on the site's condition, along with the lack of a structured visual assessment, means that the value add is limited. The planning permission already granted is a positive aspect, allowing a buyer to bypass the often-lengthy application process. Still, the overall opportunity remains constrained by the uncertain economics and incomplete details regarding the property's size and existing conditions.
In summary, while the plot’s planning permission and utility connections are appealing elements, potential buyers should carefully consider the financial implications and the risks associated with the missing information before proceeding with this investment.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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