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East of England
£140,000
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: LOW
This well-proportioned two-bedroom flat in a purpose-built block represents a solid opportunity for buyers looking to invest in a renovation project. Priced at £140,000, it stands significantly below the local average sale price of £417,870, providing a cheap entry point for potential buyers who can envision the value they could create through updates and improvements.
The flat has a dated interior, with worn flooring and walls in the living room, outdated cabinetry in the kitchen, and old fixtures in the bathroom. However, these elements present a canvas for transformation, allowing a new owner to create a modern and desirable living space. The communal gardens are a nice bonus, enhancing the overall appeal of the property. With renovation costs estimated between £40,000 and £80,000, the project scale is light/typical, making this a manageable undertaking for those looking to add value.
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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