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South West
£200,000
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 three-bedroom terraced house in Moredon presents a promising project for those looking to invest time and effort into a renovation. While the property is offered at a guide price of £200,000, significantly below the local average of £297,490, it provides a solid opportunity to modernise and enhance its value. The spacious layout includes an L-shaped living/dining room and a fitted kitchen, which, although functional, are dated and ready for a fresh touch. The garden space is well-maintained and holds potential for improvement, perhaps even offering options for off-road parking with the right permissions.
However, prospective buyers should be aware that this is a heavy renovation project. The interiors show signs of wear and dated decor throughout, and there is currently no central heating system in place. With a renovation budget estimated between £60,000 to £120,000, the scale of work required is substantial, making it essential for buyers to prepare for a full-gut programme rather than a simple refresh. Overall, this house stands as a canvas for transformation, ideally suited for first-time buyers or investors willing to take on a comprehensive renovation.
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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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