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East Midlands
£230,000Guide Price
Listed on 07/09/2026
Listed on 07/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This four-bedroom detached house on Main Road, Pye Bridge, presents a significant renovation project that is currently in a poor state of repair. Visible signs of neglect are apparent throughout, with clutter and disrepair in the living areas, bedrooms, kitchen, bathroom, and an overgrown garden. However, the low asking price of £230,000 stands out against a local average sale price of £233,288, making it an enticing prospect for those willing to invest in extensive renovations. While the property is being sold by private treaty rather than auction, it’s important to consider that bidding can drive the final price above this figure.
The real value of this listing lies in its potential for redevelopment. Positioned on a substantial site with a history of planning approval for residential development, there is scope to explore multiple options, including a comprehensive redevelopment of the entire site for new housing or commercial uses. The existing layout and extensive grounds provide a blank canvas for creative minds looking to create something unique in a prominent location. However, the level of refurbishment required is significant, with a projected renovation budget ranging from £100,000 to £250,000, indicating that this will be a full-gut programme rather than a simple refresh.
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Map
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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