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East of England
£480,000
Listed on 01/09/2026
Listed on 01/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom semi-detached house in Pilgrims Hatch offers a solid opportunity for buyers looking to create value through renovation. Priced at £480,000, it sits slightly below the local average of £495/sqf, which positions it reasonably in the current market. The property features a spacious living area and a kitchen/dining/family room that opens onto a good-sized rear garden, allowing for creativity in redesigning the layout to suit personal tastes. The off-street parking and proximity to local amenities enhance its appeal for families.
However, the current condition of the house does present a challenge. Visible signs of neglect and extensive wear throughout the property, including dated kitchen cabinetry and appliances, indicate that this is a heavy renovation project. The all-in costs, estimated at £595,000 when factoring in the renovation budget, leave the potential margin against local values stretched, which may be a concern for some buyers. It’s essential to consider the investment needed to reach a more competitive market value post-renovation.
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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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