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South East
£250,000
Listed on 30/09/2026
Listed on 30/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom mid-terrace home, located south of Albert Road, offers a promising opportunity for buyers looking to add value in a desirable area. Priced at £250,000, the asking figure is well below the local average of £308/sqf, making it an attractive prospect for first-time buyers or investors. However, the condition of the property reveals visible signs of wear throughout, particularly in the living areas and bedrooms, which will require attention. The kitchen stands out with modern fittings, while the bathroom is basic but functional.
Despite its potential, the overall economics of the project are a concern. With an all-in cost of approximately £310,000, including renovation estimates, the combined figure is stretched against local benchmarks for similar properties. This means that while there is room for improvement, careful budgeting will be necessary to ensure a worthwhile investment. The garden is a pleasant feature, adding to the property's appeal, and with no forward chain, it presents a timely opportunity for those ready to make their mark.
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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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