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East Midlands
£160,000
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: LOW
This semi-detached house in a quiet cul-de-sac offers a unique opportunity for those looking to invest in a full renovation project. Priced at £160,000, the asking price is notably below the local average, making it a compelling option for first-time buyers or investors willing to undertake significant work. The large open-plan lounge and spacious bedrooms present a canvas for reimagining the interior layout and character, while the good-sized enclosed garden has potential for landscaping and outdoor improvements.
However, the property is in need of extensive refurbishment throughout, with visible signs of wear in several rooms, including the kitchen and bathroom, which are both dated. The living area and bedrooms also reflect a need for modernization, while the garden requires clearing due to overgrowth. A complete overhaul will be necessary, with a renovation budget ranging from £100,000 to £150,000. This scale of work transforms the project into a full-gut programme rather than a simple refresh, but the potential for significant value increase post-renovation is clear.
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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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