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South West
£175,000
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 three-bedroom mid-terraced home offers an exciting opportunity for buyers looking for a project. The asking price of £175,000 is very attractive at £200/sqf, making it significantly cheaper than the local average of £272/sqf. This affordability positions it as a great acquisition for those willing to invest in a comprehensive renovation. The property features a traditional layout with well-proportioned rooms, providing ample scope to modernise and create a comfortable family home tailored to personal tastes.
However, it's important to note that the condition is quite poor, with visible signs of wear and required modernisation throughout. The kitchen and bathroom are in particularly bad shape, necessitating complete refurbishment, and the living areas and bedrooms also show signs of neglect. Given the extensive works required, including potential structural issues, the all-in costs of around £300,000 could stretch against local benchmarks for this floor area, which may limit profitability after renovation. While this property is a blank canvas, buyers should prepare for a full-gut programme rather than a simple refresh.
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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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