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South East
£245,000
Listed on 21/09/2026
Listed on 21/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom semi-detached house presents a solid opportunity for those looking to undertake a comprehensive renovation project. While the asking price of £245,000 is slightly above the local average at £438/sqf compared to £412/sqf, it still offers potential for value creation given the significant refurbishment required throughout. The house is a blank canvas, allowing buyers to update the dated interiors, including the living area, kitchen, and bathroom, as well as rework the layout to better suit their needs.
However, the all-in costs, considering the purchase price and estimated renovation budget, appear tight against local benchmarks, which could limit profitability. With extensive signs of wear and the garden needing considerable maintenance, this project is on the heavier side and will require a committed approach to transform it into a desirable home. The location is a plus, being close to amenities and transport links, making it a potentially rewarding investment for the right buyer.
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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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