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East Midlands
£200,000Guide Price
Listed on 11/09/2026
Listed on 11/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This two-bedroom semi-detached bungalow presents an intriguing project for builders, developers, or families looking for a unique opportunity. The property is set on a generous corner plot in a quiet cul-de-sac, bordered by playing fields and open countryside, making it an attractive location. Although the bungalow and kitchen show signs of needing updates, the presence of a separate annexe already at first-fix stage adds significant potential. This additional space could be transformed into a self-contained living area or guest accommodation, making it versatile for various living arrangements.
With an asking price of £200,000, this property is positioned well below the local average sale price, which is around £405,347. This could represent a reasonable entry point for those willing to invest in renovations. The estimated renovation costs range from £40,000 to £80,000, allowing for a substantial upgrade to both the existing bungalow and the annexe. While the project requires effort, the location and additional living space offer a promising canvas for creative improvement.
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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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