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Smallridge Close, Staddiscombe

South West

£165,000

Listed on 30/09/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
624 sqft

Description

This two-bedroom terraced house in the sought-after area of Staddiscombe offers a fantastic opportunity for those looking to invest in a property with potential. The home requires modernisation, allowing buyers to tailor the space to their personal taste and create a contemporary living environment. Conveniently situated, it provides easy access to local shops, amenities, and transport links, making it suitable for a variety of buyers. The accommodation includes a spacious living room, a separate kitchen/diner, two well-proportioned bedrooms, and a bathroom. Additional features include double glazing and central heating. Externally, the property boasts gardens to both the front and rear, along with allocated parking for added convenience. Offered with no onward chain, this property is ready for its new owner to make it their own.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

51out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This two-bedroom terraced house in Staddiscombe offers a compelling opportunity for buyers looking to invest in a renovation project. With a guide price of £165,000, it comes in significantly below the local average at £264/sqf compared to £313/sqf, presenting an attractive entry point into the market. The property requires extensive updating throughout, including the living areas, kitchen, and bathroom, but this allows for significant personalization to create a contemporary home that meets modern standards.

However, potential buyers should be aware that the all-in costs, which tally up to £225,000 when factoring in renovation expenses, may feel tight against local benchmarks. While the price is appealing, the renovation economics indicate a challenging margin when compared to implied local values. Nonetheless, the location is a strong selling point, providing easy access to local amenities and transport options, making it a practical choice for a variety of buyers willing to take on the project.

Key opportunities

  • Extensive updating throughout provides a blank canvas to create a modern home.
  • Good location with convenient access to local shops and transport connections.
  • Allocated parking space adds to the property's appeal.

Key risks

  • Renovation costs could exceed expectations, impacting overall budget.
  • Moderate risk associated with achieving desired value post-renovation due to tight margins.

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Map

Location

Smallridge Close, Staddiscombe
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£623
Based on a loan of £123,750 over 30 years at 4.45% interest

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

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Indicative tax based on the asking price and the options you select.

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