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East Midlands
£180,000
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: LOW
This three-bedroom semi-detached house on Petersham Road is a solid project opportunity for those looking to create a personalized family home. With a guide price of £180,000, it's positioned below the local average, offering a cheap entry point for ambitious buyers eager to invest in a renovation. The property features generous gardens, a flexible internal layout, and a good foundation for modernization, making it suitable for both first-time buyers and seasoned investors alike.
However, substantial renovation is required throughout, as the interiors show significant wear and dated decor. Key areas needing attention include the kitchen and downstairs WC, which will both require updating to meet modern standards. The overall project scope is extensive, with the potential for a full-gut programme rather than a simple refresh. Buyers should be prepared for a budget in the region of £10,000 to £30,000 to bring this home up to contemporary living standards.
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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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