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East of England
£400,000
Listed on 29/08/2026
Listed on 29/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This semi-detached cottage, steeped in history and built in the 1700s, presents an exciting project for those looking to invest in a property with significant potential. The generous plot of approximately 0.21 acres offers ample space for landscaping and outdoor entertaining, making it a rare find for buyers seeking to reimagine the garden and explore further development possibilities, subject to planning permission.
However, the property requires extensive refurbishment throughout, and the asking price of £400,000 equates to £494 per square foot, which is notably above the local average of £421 per square foot. This positioning makes it a less attractive financial proposition, especially when considering the overall project costs, which could reach £550,000 when including renovation expenses. The potential structural issues indicated also warrant caution, as they may require additional investment beyond the initial refurbishment budget. While the character of the home and its large plot offer a canvas for transformation, buyers should approach this opportunity with a clear understanding of the extensive work needed and associated costs.
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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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