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South West
£399,950
Listed on 03/09/2026
Listed on 03/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This large detached property in Wadebridge presents a unique opportunity to acquire a home with significant potential for renovation. While the asking price of £399,950 is below the local average of £489,703, the property is in need of updates throughout, including the living areas, bedrooms, and kitchen. The garden is overgrown and requires landscaping, but this offers a blank canvas for someone looking to create an outdoor space. With a renovation budget estimated between £40,000 and £80,000, there's ample scope to turn this dated house into a charming family home or a profitable investment.
The property has solid fundamentals and is located in a thriving market town with nearby amenities. Although the overall opportunity is rated as weak due to the condition and the lack of specific floor area data, the potential for conversion back to a family home from its previous use as two flats adds an interesting dynamic for prospective buyers. This is a light renovation project that could yield a rewarding outcome with the right vision and 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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