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East Midlands
£240,000
Listed on 25/09/2026
Listed on 25/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This two-bedroom detached bungalow on Winchester Drive presents a solid opportunity for buyers looking to acquire a property at a competitive price. With an asking price of £240,000, translating to £212/sqf, this listing stands 13.9% below the local average of £247/sqf, making it a cheap entry point for prospective homeowners or investors.
The interior of the home does show signs of wear and dated decor throughout, which provides a clear canvas for modernisation and personalisation. The living room, bedrooms, and kitchen all present an opportunity for updates, while the functional shower room is a positive aspect. Outside, the established garden offers potential for enhancement, and the overall good condition of the exterior and roof adds further appeal. Nestled in the Midway area of Swadlincote, the property benefits from its proximity to local amenities, schools, and transport links, enhancing its attractiveness as a project property.
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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