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South West
£149,950
Listed on 04/09/2026
Listed on 04/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This first-floor maisonette in Pill presents a solid opportunity for those looking to invest in a renovation project. With an asking price of £149,950, it stands at £346/sqf, making it an attractive option that is 10.7% below the local average of £387/sqf. The property is in need of significant updating, with dated finishes and worn features throughout, including the living room, bedroom, kitchen, and bathroom. However, this also provides a blank canvas for potential buyers to create a stylish and modern living space tailored to their tastes.
While the low asking price is a clear advantage, the overall renovation economics are stretched. The estimated renovation costs range from £40,000 to £80,000, bringing the total investment to around £209,950. This figure exceeds the implied local average value of £167,871, indicating that the all-in costs may not offer a strong margin versus local benchmarks. Nonetheless, with allocated parking and no onward chain, the property simplifies the purchasing process, making it suitable for first-time buyers or investors ready to take on a rewarding project.
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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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