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East of England
£200,000
Listed on 17/09/2026
Listed on 17/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This four-bedroom terraced house presents a fantastic opportunity for renovation enthusiasts looking to capitalize on a property priced significantly below local market rates. At an asking price of £200,000, it offers a remarkable £258/sqf compared to the local average of £442/sqf, making it 41.5% cheaper than its peers. The scope for improvement is substantial, with dated interiors throughout, including a living room, kitchen, and bathroom that all require modernization. The original feature fireplaces in the bedrooms add charm and can be integrated into a contemporary design, enhancing the property's appeal.
The outdoor space, while currently overgrown, has great potential. With a 75ft rear garden, it can be transformed into a beautiful sanctuary, complementing the home. Although the property needs significant attention, the potential to create a stunning living space in a desirable coastal town like Wells-next-the-Sea makes this listing a compelling project for those willing to invest time and resources into its refurbishment.
None recorded.
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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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