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South West
£550,000
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 detached house, offered for the first time in 33 years, presents a unique opportunity for a buyer looking to undertake a medium-scale renovation project. While the property boasts stunning sea and countryside views, it is in a dated condition throughout, requiring substantial modernisation in all areas, including the kitchen and bathroom. The existing layout offers a solid foundation for improvement, allowing new owners to inject their personal style and enhance the home's value.
However, the asking price of £550,000 represents a premium at £354/sqf, which is 17.7% above the local average of £301/sqf. This elevated pricing, combined with the estimated renovation costs of £40,000 to £80,000, leaves the overall investment stretched against local benchmarks, potentially impacting the return on investment. Despite the property's excellent fundamentals and good location, buyers should consider these economic factors when evaluating this opportunity.
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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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