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South East
£300,000
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 two-bedroom character cottage in Sheffield Park presents a significant renovation project, with a guide price of £300,000 that sits below the local average of £407/sqf, making it a reasonable entry point for those looking to invest in a property with potential. However, the extensive work required throughout the property looms large; the living areas, bedrooms, and kitchen all show signs of neglect and are in poor condition, indicating that this will be a full-scale refurbishment rather than a simple refresh.
While the property benefits from a charming character and is located in a desirable semi-rural setting, the all-in costs, combining the asking price and renovation budget, stretch against local benchmarks for this size. This economic weakness is a key consideration for potential buyers as the margin versus local average value is notably negative, indicating that the project may not yield the expected returns without careful planning and execution. The garden, though overgrown, offers some opportunity for improvement, but it is the significant work required throughout that will define the scope of this 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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