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East Midlands
£239,950
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
This three-bedroom detached bungalow offers a spacious layout on a private corner plot, presenting a canvas ripe for renovation. The property features a good-sized garden and ample off-road parking, enhancing its appeal. However, the interiors throughout are quite dated, with the kitchen and bathroom also in need of significant updating.
Despite the property's strengths, the asking price of £239,950 translates to £301 per square foot, which is notably above the local average of £241 per square foot. Coupled with a renovation budget of £40,000 to £60,000, the overall investment would leave costs stretched compared to local benchmarks. Potential buyers should consider this when evaluating their budget and expected value after renovation, as the economics do not currently support a strong margin against local averages.
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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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