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South East
£250,000
Listed on 15/09/2026
Listed on 15/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom semi-detached house on St James Square offers a significant renovation project with the potential to create a unique family home. The property, priced at £250,000, is currently below the local average at £387/sqf, making it a reasonably priced option for buyers willing to invest in extensive renovation. With a large private garden and a south-facing living room featuring a bay window, there is ample opportunity to enhance the interior layout and modernize the dated spaces throughout.
However, the economics of this project pose a challenge. The combined cost of purchase and renovation, estimated between £100,000 to £150,000, leads to an all-in cost of approximately £375,000, which is significantly above the local average implied value of £262,631. This leaves a tight margin for potential returns and indicates that careful budgeting will be necessary to avoid overspending. While the property presents a solid investment opportunity, prospective buyers should be aware of the financial constraints when planning their renovation efforts.
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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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