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East of England
£180,000
Listed on 10/09/2026
Listed on 10/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This is a unique development opportunity located in the quaint village of Ellington, with planning permission already granted for a four-bedroom dwelling with a garage. The asking price of £180,000 is notably below the average local sale price of £434,339, presenting a potentially attractive entry point for those looking to invest in a self-build project.
However, the plot is currently cluttered with debris, and the overall condition of the exterior is poor. This indicates that significant work will be necessary to prepare the site for construction. While the planning permission allows for the creation of a bespoke family home, buyers should be ready for a heavy project scale with a full-gut programme to bring the site to a build-ready state. In summary, there's a strong potential for value creation here, but it will require considerable effort and investment to realize that potential.
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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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