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East Midlands
£170,000
Listed on 08/09/2026
Listed on 08/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom semi-detached house offers a solid opportunity to acquire a property below the local average price per square foot, with the asking price at £236/sqf compared to £275/sqf locally. Situated in a cul-de-sac, the home features a lounge, dated kitchen, and bathroom, all requiring significant updating, which presents a blank canvas for renovation enthusiasts. The property also includes a cabin/home office and off-road parking, adding to its appeal.
While the asking price seems attractive, the overall renovation costs could stretch the budget compared to local benchmarks, with an all-in cost of approximately £245,000 against an implied current value of around £198,144. This discrepancy suggests that while the entry price is low, the economics of the renovation project may leave less room for profit post-refurbishment. Still, this property could shine with the right vision and investment.
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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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