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East Midlands
£120,000
Listed on 22/09/2026
Listed on 22/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This three-bedroom terraced house on Smith Street in Balderton presents a compelling opportunity for buyers looking to create value through renovation. Priced at £120,000, it stands at £171 per square foot, significantly below the local average of £231 per square foot, making this a very attractive acquisition for investors or first-time buyers seeking a project. While the property requires updating throughout, including the living areas, bedrooms, kitchen, and bathroom, this provides a blank canvas for personalisation to suit your tastes.
The home benefits from a good location with access to local amenities and excellent transport links, enhancing its appeal. The exterior brickwork is well-maintained, and a low-maintenance courtyard garden offers functional outdoor space. This property is not just a renovation project but a chance to craft a home tailored to your needs in a desirable area. Given the medium scale of the required updates, this property is a solid choice for those looking to invest in a renovation with potential upside.
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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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