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East Midlands
£190,000
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: MEDIUM
This detached two-bedroom house presents a promising renovation opportunity, especially for buyers eager to put their own stamp on a home. While the property is in need of modernisation with dated interiors throughout, it boasts a good-sized garden and off-road parking, which are valuable assets in this area. The traditional layout offers potential for reconfiguration, allowing you to create a space that truly reflects your style.
However, the asking price of £190,000 translates to £256/sqf, which is notably above the local average of £221/sqf, making it a dear proposition in this market. Furthermore, when factoring in the renovation costs estimated between £40,000 and £80,000, the all-in costs stretch to around £250,000, which is significantly higher than the local average implied value of approximately £164,054. This places the overall economics in a weak position, suggesting that while the project has merit, the financials may warrant careful consideration.
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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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