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South East
£450,000
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: MEDIUM
This spacious two-bedroom terraced house in the sought-after Hanover location presents a strong opportunity for buyers looking to invest in a renovation project. Priced at £450,000, the asking price is significantly below the local average of £472/sqf, making this a compelling acquisition for those ready to undertake a full modernisation. The property features a desirable layout, including a loft room and a large south-east facing garden that offers potential for landscaping or outdoor living enhancements.
While the interiors are dated and will require extensive work—from the living areas to the kitchen and bathroom—this gives future owners a blank canvas to create a contemporary home tailored to their tastes. With a renovation budget estimated between £100,000 and £150,000, there’s substantial scope for value addition, especially given the overall appeal of the location and the size of the property. However, prospective buyers should prepare for a significant project scale, as the interiors are stripped and will necessitate a full-gut approach rather than simple cosmetic updates.
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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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