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East Midlands
£180,000
Listed on 23/09/2026
Listed on 23/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This spacious two/three-bedroom detached bungalow on a generous plot in Waddington offers a wealth of potential for the right buyer. Although it requires extensive modernisation, the opportunity to update and personalise this property is appealing, especially given the flexibility of its accommodation and the good-sized garden. The living areas and kitchen are dated, but this provides a canvas for someone looking to stamp their own style on a home.
However, the asking price of £180,000 translates to £255/sqf, which is notably above the local average of £221/sqf, marking it as a dear option in the current market. Coupled with the projected all-in costs of around £240,000 against a local average value of £156,106, the economics are challenging. With renovation costs estimated between £40,000 and £80,000, buyers should be mindful of the financial implications when considering this project. Still, for those willing to invest in the necessary updates, this bungalow has the potential to transform into a fantastic long-term home.
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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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