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Yorkshire
£275,000
Listed on 28/08/2026
Listed on 28/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This detached house in Heath presents a considerable renovation project, offering a substantial plot of land with the potential for redevelopment. Although the asking price of £275,000 appears dear compared to the local average of £225/sqf, the large size of the property provides a canvas for significant improvement, whether through renovation or exploring further development opportunities, subject to planning permission.
However, the property shows signs of neglect, with poor overall condition and overgrown exterior areas that indicate extensive work is needed. With a renovation range of £100,000 to £200,000, this is a heavy project that will require a full gut programme to restore it to a livable state. The potential for value creation exists, but the economics are poor, leading to a negative margin against local averages. This property is best suited for cash buyers or those experienced in handling substantial renovations.
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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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