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East Midlands
£270,000
Listed on 02/10/2026
Listed on 02/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This spacious three-bedroom detached house in Carlton-le-Moorland offers a promising blank canvas for those looking to invest in a renovation project. With a guide price of £270,000, it sits slightly above the local average at £247/sqf compared to £221/sqf, making it a relatively affordable option in the area. However, the economics of the deal are stretched, as the anticipated all-in costs, including renovation, could reach up to £350,000, which is significantly higher than the implied local average value of £241,114.
The property features dated interiors throughout, including worn carpets and older appliances in the kitchen, but this presents an opportunity for buyers to modernize and tailor the space to their tastes. The generous garden and off-street parking further enhance the appeal, offering potential for outdoor improvements. While the house does need a fair amount of work, the solid structure and good exterior condition provide a strong base for future renovations. Buyers should be aware that the renovation budget is critical here, as it will influence the overall value once completed.
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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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