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South West
£350,000
Listed on 05/09/2026
Listed on 05/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This detached house offers a unique opportunity for those looking to invest in a substantial project. While the asking price of £350,000 is appealing in relation to the potential it holds, it's important to note that it does appear dear when compared to the local average sale price of £304,566. The property sits on a large plot of 0.71 acres and presents significant development potential, especially with the scope for modernisation of the existing structure and the possibility of building new homes on the site, subject to planning consent.
Inside, the house is dated and requires considerable refurbishment, but this offers a blank canvas for a buyer to create a bespoke home or investment property. The absence of usable floor area leaves some uncertainty in valuation, but the overall fundamentals and location of the property remain strong, particularly for those interested in development. As you consider this opportunity, remember that bidding in the auction could push the final price above the guide, so it’s essential to weigh the potential against the asking price carefully.
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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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