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East Midlands
£45,000Guide 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 double-bedroom terraced house presents a noteworthy investment opportunity, particularly for those willing to undertake a significant renovation project. While the property is in poor condition with visible signs of neglect throughout, it offers a blank canvas to create a modern living space. The layout includes a lounge and dining room, plus unfitted kitchen and bathroom, allowing for reconfiguration and personalization. The good location, close to the city centre and local amenities, enhances its appeal for investors looking to add value.
However, the extent of the required refurbishment is considerable, with the need for a full-gut renovation evident. Stripped interiors and a £10,000–£50,000 works budget highlight that this is not a simple refresh. Potential structural concerns further complicate the project, underscoring the importance of thorough inspections before proceeding. Despite these challenges, the attractive guide price of £45,000 positions it as a potentially cheap entry point compared to the local average sale price, making it an appealing option for the right buyer.
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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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