
East Midlands
£550,000
Listed on 18/09/2026
Listed on 18/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
At £550,000, the former Blue Lion is priced below the local £/sqf benchmark, giving buyers a relatively attractive entry point for a substantial village site. The listing also states full planning permission for a house conversion and a separate bungalow, with plans showing distinct parking and outdoor space; verify the permission, conditions and implementation requirements. The worn former-pub interiors, commercial kitchen, damaged ceiling material, localized staining and overgrown grounds offer scope to reshape the property, but the scale is substantial.
The economics are the main constraint: the asking price plus the £180,000–£350,000 renovation range puts the midpoint all-in cost at £815,000, stretched against the £631,387 implied local-average value for this floor area. That is a comparison with a local benchmark, not a forecast of post-works value, so the two-home scheme and its eventual values need careful assessment.
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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.
Pricing
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