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East Midlands
£250,000
Listed on 12/09/2026
Listed on 12/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom terraced house presents a well-maintained and modern interior, making it a strong contender for first-time buyers or families seeking a comfortable living space. The spacious living area, modern kitchen, and good-sized garden add to its appeal, offering a pleasant environment for relaxation and entertaining. The property is in good condition throughout, allowing a new owner to move in and enjoy the home right away.
However, it's important to note that the asking price of £250,000 translates to £595 per square foot, which is significantly above the local average of £305 per square foot. This pricing, combined with the estimated renovation costs of £20,000 to £40,000, stretches the overall budget in comparison to local benchmarks for similar properties. While the house offers solid fundamentals and a decent location, prospective buyers should carefully consider the financial implications before proceeding, as the value proposition is less favorable in this instance.
The score stays cautious where the quoted refurb range (£30,000) on top of the asking price brings all-in exposure close to £280,000, about 54% ahead of typical local benchmarks for this size. So the headline score reflects limited headroom, not a judgement on the house as a project.
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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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